Rolls-Royce Holdings plc, a Britain-based engineering group, Tuesday announced that it is planning to eliminate 2,600 jobs over the next 18 months.
Japan, enjoying its car exports for decades, now, is seeking a new path to boost its traditional auto industry through researching and developing green vehicles, or new energy cars, amid fierce competition in the global automobile market.
Ford Motor Co. said Tuesday it is issuing five new safety recalls covering more than 200,000 vehicles in North America due to problems ranging from airbag sensors to fuel leaks and fire risks.
A reading of the index above 50 indicates that the manufacturing economy is generally expanding and a reading below 50 indicates the economy is generally declining g.
Tender for offers for exploitation of oil and gas in the Croatian Adratic Sea ended on Monday, potentially bringing global energy companies to Croatia.
Six companies have bid for tender for oil and gas exploration and exploitation in the Adriatic Sea, Croatian Economy Minister Ivan Vrdoljak said on Monday.
U.S. President Barack Obama on Monday met with the Federal Reserve Chair Janet Yellen, discussing the implementation of the financial regulatory reforms and growth outlook in the U.S. and the world, the White House said in a statement.
HSBC Holding Plc Monday announced that its reported profit before tax declined by 9 percent year-on-year to 16.95 billion U.S. dollars in the first nine months of 2014.
The Luxembourg-based European Investment Bank (EIB) has agreed to provide 150 million British pounds (239.81 million U.S. dollars) for a new waste facility in north Britain, it was reported Monday.
The Albanian government signed on Monday the 150 million U.S. dollars agreement with World Bank(WB) for financing the power sector recovery in the country.