The European car market clocked up double-digit growth in March, with new car registrations returning to their pre-crisis levels, the European Automobile Manufacturers Association ACEA said on Wednesday.
London’s stock market flattened Wednesday following the previous session’s sharp fall that had been triggered by a rallying pound after Britain called a snap general election.
Workers at three British plants of German car giant BMW began a 24-hour strike Wednesday over proposed changes to pensions, with more walkouts promised over the next five weeks.
Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a recovery in the market, its chief said on Wednesday.
Oil-exporting cartel OPEC is optimistic that production cuts agreed with non-members to prop up prices will lead to a recovery in the market, its chief said on Wednesday.
Dutch brewing giant Heineken reported flat beer sales for the first quarter of 2017, but was cheered by a 10.6-percent rise in profits despite a late Easter this year.
The world’s leading paintmaker AkzoNobel, fending off a hostile takeover bid from US rival PPG, on Wednesday unveiled plans to shed its chemicals division as first-quarter profits came in stronger than expected.
Dutch computer chip maker and global hi-tech bellwether ASML said Wednesday that sales and profits soared in the first quarter amid “strong demand” across the sector.
In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed to some of its most important positions.
Workaholic Japan has unveiled its first-ever plan to limit overtime, but critics want to give it the boot, saying an “outrageous” 100-hour-a-month cap will do nothing to tackle karoshi, or death from overwork.
Cheap Sri Lankan labour has built skyscrapers and condos across the Gulf for decades but now contractors at home are desperate for workers as the island nation experiences an unprecedented construction boom.