U.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less a...

U.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The se...

China's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...

Tesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...

The world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...

Haryana has increased minimum wages by 35 percent for unskilled workers. This decision follows factory protests and work boycotts by labour...

Luxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...

The proposal comes a day ahead of a third round of crunch talks between workers and management over pay cuts and factory shutdowns in Germa...

Nissan Motor announced cost-saving measures on Thursday, including 9,000 job cuts and a 20% reduction in global production capacity. The au...

Toyota is slashing bonus pay for managers as the Japanese automaker tackles a massive recall in the US and deep losses for the second strai...

The Japanese automaker Honda has said it will further cut North American production and salaries amid plunging car sales, The Wall Street J...

General Motors Corp, the largest US automaker, will cut 10,000 salaried jobs globally and reduce pay for other US white-collar workers by a...

The pay of US executive employees will be cut by 10%, while other salaried workers will see cuts of 3% to 7%. GM's all-time top sellers | 1...

Toyota Motor is considering cutting more than 1000 full-time jobs in N America and UK to cope with faltering global demand.

Chrysler announced it is closing all its North American manufacturing plants for at least a month, the starkest move taken by US automakers...

Detroit's automakers, making a second bid for $25 bn in govt funding, are presenting Cong with plans to restructure their ailing companies ...

General Motors, working to cut costs to win $12 billion in government loans, is studying whether to shed its Saturn, Saab and Pontiac brand...