January 10, 2019

Target’s holiday season comparable sales up 5.7 percent

Retailer Target Corp said on Thursday comparable sales grew 5.7 percent for the last two months of the year on the back of a strong holiday […]
January 10, 2019

Jaguar Land Rover to cut thousands of UK jobs after China, diesel slump

Britain’s biggest carmaker Jaguar Land Rover (JLR) is set to cut thousands of jobs as the company faces lower demand in China and a slump in […]
January 10, 2019

Jaguar Land Rover clear they regard UK as home: PM May’s spokesman

Jaguar Land Rover (JLR) has made clear they regard Britain as home and are investing in the future, Prime Minister Theresa May’s spokesman said on Thursday. […]
January 10, 2019

At China port, tariff drop a salve for hard-hit traders of American cars

In the Chinese port city of Tianjin, gray market traders of American-made cars, badly stung by a scything trade war and punitive tit-for-tat tariffs, are scrambling […]
January 10, 2019

Nike’s Dutch tax status investigated by EU Commission

The European Commission has opened an in-depth investigation into the tax treatment of Nike Inc in the Netherlands, saying this may have given the U.S. sportswear […]
January 10, 2019

Sen. Sanders, Rep. Cummings to introduce bill to lower U.S. drug prices

U.S. Senator Bernie Sanders and Representative Elijah Cummings plan to introduce legislation on Thursday aimed at lowering the cost of prescription drugs for U.S. consumers. Powered […]
January 10, 2019

AXA moves international risk to Ireland from UK ahead of Brexit

French insurer AXA said it will handle its international risk and reinsurance trough an Irish unit in light of Britain’s plans to leave the European Union. […]
January 10, 2019

Volkswagen sells record 6.24 million VW vehicles in 2018

Volkswagen sold a record 6.24 million of its VW-branded vehicles last year despite delivery problems caused by new anti-pollution rules, but warned the company would continue […]
January 10, 2019

Ford Europe to slash thousands of jobs in turnaround plan

Ford said on Thursday it will cut thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines as part of a turnaround effort aimed at […]
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