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Honda to shut UK production for six days due to Brexit logistics
Honda UKFriday January 11, 2019 3:01AM ET
Japanese carmaker Honda will shut its British operations for six days in April to help it counter any border disruption from the United Kingdom’s departure from the European Union.
Workers rally to save Oshawa GM plant in Canada
Oshawa GM plantThursday January 10, 2019 3:35PM ET
Workers from across Ontario will rally across from GM\'s Detroit headquarters Friday to urge the automaker to continue operating its Oshawa Assembly Plant and maintain production in Canada.
Eland Oil & Gas says Gbetiokun-3 well drilling in Nigeria complete
Gbetiokun-3Thursday January 10, 2019 8:34AM ET
Eland Oil & Gas aid drilling phase of the Gbetiokun-3 well at the Gbetiokun oil field in Nigeria is now complete.
EC opens in-depth investigation into tax treatment of Nike in the Netherlands
NikeThursday January 10, 2019 7:24AM ET
The European Commission has opened an in-depth investigation to examine whether tax rulings granted by the Netherlands to Nike may have given the company an unfair advantage over its competitors, in breach of EU State aid rules.
Vodafone plans to cut up to 1,200 jobs in Spain
VodafoneThursday January 10, 2019 6:40AM ET
Vodafone plans to cut up to 1,200 jobs from its Spanish business, the company said on Thursday.
Ford Europe to slash thousands of jobs in turnaround plan
Ford EuropeThursday January 10, 2019 6:37AM ET
Ford is starting consultations with its union partners and other key stakeholders to implement a comprehensive transformation strategy aimed at strengthening the Ford brand and creating a sustainably profitable business in Europe.
Rotterdam Port reports more serious accidents in 2018 than in 2016 and 2017
Rotterdam PortThursday January 10, 2019 4:49AM ET
Last year 29,475 sea-going vessels arrived at the port of Rotterdam. That is 200 fewer than last year (29,646) and as many as in 2013 (29,436).
BASF firms up plans for $10bn China investment
Martin BrudermüllerThursday January 10, 2019 4:21AM ET
Martin Brudermüller, Chairman of the Board of Executive Directors, BASF SE, and Lin Shaochun, Vice Governor of Guangdong Province, signed a Framework Agreement in Ludwigshafen setting out further details of BASF’s plan to establish a new smart Verbund site in Guangdong, China.
Pfizer to stop manufacturing operations in Chennai, Aurangabad
PfizerThursday January 10, 2019 4:18AM ET
Pfizer has decided to shut down its manufacturing units in Irungattukottai, Chennai and Aurangabad, Maharashtra, which came to it through an acquisition of injectables manufacturer Hospira in 2015.
Judge proposes PG&E power restrictions for next California fire season
William AlsupThursday January 10, 2019 4:15AM ET
A U.S. judge proposed restricting utility PG&E from using power lines deemed to be unsafe during high winds in the 2019 California fire season.
Jaguar Land Rover to cut thousands of UK jobs
Jaguar Land RoverThursday January 10, 2019 3:42AM ET
Jaguar Land Rover is set to announce “substantial” job cuts in the thousands, a source told Reuters, as the company faces double-digit drops in demand in China and a slump in sales for diesel cars in Europe.
JB Hunt buys Cory 1st Choice Home Delivery for $100 million
JB HuntWednesday January 9, 2019 8:11AM ET
J.B. Hunt Transport Services announced its subsidiary, J.B. Hunt Transport, has entered into a definitive agreement to purchase Cory 1st Choice Home Delivery for $100 million, to be funded using J.B. Hunt’s existing revolving credit facility.
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