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Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario

Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.

Mar 03, 2017 08:42 AM EST


McDonald's expands delivery service through ordering app

The new app will allow customers to place orders for pickup alongside features such as customized favorites and preferred payment methods.

Mar 02, 2017 07:24 PM EST


Oil prices forecast $50 to $70 per barrel through 2022, report says

Overall, demand is set to outpace supply on average over the forecast period.

Mar 02, 2017 10:58 AM EST


Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies

The company shake-up comes after Tiffany's disappointing financial results.

Mar 02, 2017 09:19 AM EST


Yahoo CEO Mayer gives up annual equity, bonus over mishandling of secuirty breaches

Mayer claims responsibility and offered that her cash bonus and annual equity award, instead, that it be redistributed to Yahoo's hardworking employees.

Mar 02, 2017 07:03 AM EST


Samsung chief faces trial after indictment on corruption charges

De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.

Mar 02, 2017 12:59 AM EST


Hershey aims to reduce global worforce by 15 percent

The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.

Mar 01, 2017 09:55 AM EST


Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Mar 01, 2017 09:02 AM EST


Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Mar 01, 2017 09:02 AM EST


Alibaba seeks tougher penalties for purveyors of counterfeit goods

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

Mar 01, 2017 01:21 AM EST


Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017

The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.

Feb 28, 2017 02:39 PM EST


Warren Buffett's Optimism on American Businesses

Berkshire Hathaway's CEO is upbeat about the future of US businesses and stocks after his company reported a higher quarterly profit. Buffett urges investors to work with a collection of large and conservatively financed American businesses in the long term.

Feb 28, 2017 02:39 PM EST


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