Michael Hill International Limited appoints new CEO
The board and the employees in Michael Hill are excited by Taylor's appoointment as he sees to unlock new opportunities and new streams of value for the company.
Mar 07, 2017 10:00 AM EST
Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses
French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.
German tycoon Schlecker faces fraud trial with family
Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.
Mercedes-Benz recalls almost one million cars after 51 fires reported
The incident was due to an issue with an engine part that can cause an electrical fire and conditions would occur during the starting of the car.
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Luxury automakers drive online sales on Tmall.com
China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.
Mar 06, 2017 5:58 AM EST
Sports Direct owner buys into lingerie brand Agent Provocateur
Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.
Mar 06, 2017 1:24 AM EST
Japan and Airbus welcome new agreement on industrial partnerships
Airline company Airbus welcomes new agreement on industrial partnerships with Japan. Airbus welcomes new agreement on industrial partnerships with Japan.
Mar 06, 2017 1:05 AM EST
Mexico economy minister sets meeting with US automaker executives in trade push
Trump's threats and unpredictability drives Mexico to build support from companies and US states that rely on business on the south border.
Mar 03, 2017 10:25 AM EST
Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range
The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo. Jimmy Choo reports strong revenue gains brought about by its growing market in China, the weak pound and its menswear line.
Mar 03, 2017 9:42 AM EST
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 8:42 AM EST
Snapchat share price soars on market debut
The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.
Mar 03, 2017 8:28 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 7:24 PM EST
Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies
The company shake-up comes after Tiffany's disappointing financial results. Jewelry retailer Tiffany & Co. 's chief executive officer, Frederic Cumenal, has stepped down on Feb.
Mar 02, 2017 9:19 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 7:03 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 9:55 AM EST
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