India is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...

The closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is ...

Global petrochemical sector is undergoing a significant transformation with closures and disposals, particularly in Europe, due to rising c...

Volkswagen and its labor union are locked in intense negotiations to avert plant closures and pay cuts. Progress has been made, but a deal ...

Volkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...

Several automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...

Volkswagen employees in Germany will begin warning strikes on Monday following stalled wage and plant closure negotiations with Europe's le...

Volkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...

Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...

Volkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...

Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory wh...

Following the Russian invasion of Ukraine in February this year, Moscow shut off gas shipments to Europe, raised prices, and posed a risk o...

With energy prices already on the rise and tensions higher than ever between Europe and key gas supplier Russia, the closure of the plants ...

As the car sales continued to decline, Opel has finalised the long-planned shut down of its production facility in Bochum at the end of nex...

The world's largest steel maker ArcelorMittal has refused to rule out further closures of sites in Europe amid demand slowdown, says a medi...

Nokia will reimburse a German state over 1.3 million euros (two million dollars) to resolve a plant closure dispute that has cost the mobil...

Finland's Nokia, the top global mobile phone manufacturer, on Tuesday, said that it planned to close a factory in Germany by mid-year which...