Jobs & Career News
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 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.
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.
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.
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.
Ford Motor Co (F.N) will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China.
Volvo Cars will invest $500 million in its first U.S. assembly plant under plans announced on Monday, plugging a longstanding gap in the Swedish carmaker's manufacturing base as it pursues a global comeback under Chinese ownership.
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.
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.
Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday.
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).
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.
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.
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.
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.