In among the robots, veteran Toyota staffer says manual labor is key to success

In a corner of Toyota's oldest factory, the Japanese carmaker's longest-serving employee preaches the benefits of craftsmanship, saying manual labor is the key to success in a highly automated automotive industry.

Toyota Recalls 2014 List: Japanese Car Company Pulls Out A Number of Vehicles Due to Faulty Air Bags

Oil falls more than $1 as Middle East supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.

Iraq's biggest oil refinery shut down, foreign staff evacuated

Goldman climbs to top commodity bank ranking over JP Morgan

Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday.

Goldman Sachs Group



Jobs & Career News

Airbus sells further 15 percent stake in Dassault Aviation


Airbus Group (AIR.PA) said it is selling a further 15 percent stake in business and fighter jet maker Dassault Aviation (AVMD.PA) as it continues to unwind its 16-year-old link to its defense market rival.

European shares dip but hold near highs after Ifo

The outside of the London Stock Exchange building is seen in the City of London, March 7, 2005.

European shares dipped on Wednesday but held near multi-year highs and the euro rose against the dollar after a survey showed the German business climate improving.

Oil rebounds towards $57 as weaker dollar overshadows China slowdown

Oil Rigs

Brent crude reversed early losses to trade back towards $57 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

Stock futures tick up ahead of data

Stock Exchange

U.S. stock index futures edged higher on Tuesday ahead of a data deluge including measures on inflation, home prices and sales, and factory activity.

Buffett tells foreign investors good profits to be made in U.S.

Warren Buffett

Berkshire Hathaway Inc Chief Executive Officer and Chairman Warren Buffett said on Monday the U.S. economy and investment climate are a tailwind for his companies' success and encouraged foreign investors to jump in too.


Mercedes to launch a pickup truck outside the United States

German carmaker Mercedes-Benz plans to launch a mid-sized pickup truck, expanding its premium brand into a lower-priced bracket in a bid to narrow the sales gap with arch rival BMW (BMWG.DE).

Employees assemble cars at a production line of Dongfeng Peugeot Citroen Automobile factory in Wuhan, Hubei province, February 13, 2014.

Peugeot French production increase earns presidential visit

PSA Peugeot Citroen (PEUP.PA) said on Friday it had chosen a French factory over a rival Spanish plant to expand engine production, prompting a visit by President Francois Hollande to highlight a bright spot in France's gloomy labor market.

Saudi Remains Committed To Supplying Market With Extra Oil If Needed: Official

Oil prices surge after Saudi air strikes in Yemen

Brent crude oil soared more than 4 percent towards $59 a barrel on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, which sits on a key shipping passage between Europe and the Arab Gulf.

Job Fair Held In New York City

Employer incentives for U.S. worker wellness programs set record

Employers have ratcheted up the financial incentives they offer workers to participate in wellness programs to a record $693 per employee, on average, this year from $594 in 2014 and $430 five years ago, found a report released on Thursday.


Shell to cut more UK North Sea jobs in 2015

Royal Dutch Shell (RDSa.L) is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry.


Adidas targets faster sales and profit growth from 2016

German sportswear firm Adidas announced plans to revolutionize the way it manufactures goods to speed up production and allow more customization of goods to help it accelerate sales and profit growth in the next five years.


Ford aims to triple exports from India with $1 billion plant

Ford Motor Co (F.N) has invested $1 billion in a new plant in western Indiawhich will help the automaker triple exports from the country, chief executive Mark Fields told reporters on Thursday.

Oil Refinery Plant

Brent oil rises as euro zone morale boost offsets oversupply concern

Brent oil prices firmed on Wednesday as business morale in the euro zone's top two economies improved, offsetting concerns about oversupply that has filled fuel storage tanks around the world.

Gas Station

Oil to reach $100 a barrel by end of 2016: Pickens

Oil prices could hit $100 a barrel by the end of next year, U.S. oil magnate T. Boone Pickens said on Tuesday, revising his previous forecast which said they would reach that level as early as this year.


U.S. mortgage applications rise in latest week: MBA

Applications for U.S. home mortgages rose last week as interest rates dropped to their lowest level since February, an industry group said on Wednesday.

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