Latest in Tesla Boosts Wages at German Plant Amid Auto Industry Cutbacks
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German police break up an environmental activists' camp near Tesla plant outside Berlin
German police have broken up a protest camp housing environmental activists in a forest near the Tesla electric car factory in Grünheide outside Berlin, citing violations of public safety and orderWorld - ABC News - 4 days ago -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.Business - CNBC - November 13 -
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Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with ...Business - The Wall Street Journal - November 5 -
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Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
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The VW labour boss at war with management over plant closures
Daniela Cavallo views clash as existential fight for carmaking in Europe’s biggest economyBusiness - Financial Times - November 8 -
Mexico acknowledges Canada's concerns about a Chinese auto plant, but says none exists
Mexico's president has acknowledged that Canada is concerned about reports of a Chinese company's auto plant in Mexico, but she says it does not existWorld - ABC News - 2 days ago -
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German paper industry denies claims paper shortage could hinder election
Head of electoral commission had said timing of early election could be affected by shortage of paper to print ballots. Paper industry bosses in Germany have hit back at claims by the national ...World - The Guardian - November 11 -
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German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technologyWorld - ABC News - Yesterday -
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Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live
PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...World - The Guardian - October 31 -
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AMC’s third-quarter results on deck amid signs of a cinema-industry rebound
AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...Business - MarketWatch - November 5 -
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Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - October 28 -
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Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White HouseTech - ABC News - November 6 -
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.Business - The Wall Street Journal - October 31 -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - November 6 -
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The Budget: NHS, Wages and Farms
How are these areas impacted by the Budget?Top stories - BBC News - October 31 -
UK wage growth steadies as hiring stalls
Data shows cooling jobs market as Bank of England weighs when to make next cut in interest ratesBusiness - Financial Times - November 12 -
Auto & Transport Roundup: Market Talk
Read about UPS, Spirit Airlines, Norwegian Air and more in the latest Market Talks covering the Auto and Transport sector.Business - The Wall Street Journal - October 25 -
Auto & Transport Roundup: Market Talk
Find insight on ArcBest, Air Canada and more in the latest Market Talks covering the auto and transport sector.Business - The Wall Street Journal - November 1