R/€ = 15.96 Change: 0.01
R/$ = 14.07 Change: 0.05
Au 1339.83 $/oz Change: 16.78
Pt 820.28 $/oz Change: 15.18


Ghosn says he's innocent in first appearance since arrest

By: Bloomberg     8th January 2019 Carlos Ghosn rejected prosecutor claims of financial wrongdoing in the car titan’s first public comments since his shock arrest in Japan almost two months ago. “I have been wrongly accused and unfairly detained based on meritless and unsubstantiated accusations,” the former chairperson of Nissan... 

Tesla raises car prices in China -Electrek

By: Reuters     9th July 2018 Tesla Inc has raised prices on its Model X and S cars by over $20 000 in China, automotive news website Electrek reported on Monday, making it one of the first US carmakers to hike prices in the wake of rising trade tensions. China slapped retaliatory tariffs on US car imports in response to... 

VW, Ford confirm talks on possible commercial vehicle tie-up

By: Reuters     20th June 2018 Volkswagen and Ford Motor Co are talking about jointly developing and building a range of commercial vehicles including vans, the companies confirmed on Tuesday. A Reuters story earlier on Tuesday said VW and Ford were discussing joint production of vans. 

Alcoa outlines business separation plans

By: Henry Lazenby     29th June 2016 US aluminium and lightweight alloys specialist Alcoa on Wednesday filed its initial plan to separate its upstream and downstream business segments with US securities regulators, saying the separation will allow each new company to pursue its own distinct corporate strategy and unlock the full... 

Alcoa’s transformation climaxes in upstream, downstream business spinouts

By: Henry Lazenby     28th September 2015 US-based speciality alloys manufacturer Alcoa will split into two Fortune 500 companies, separating its legacy upstream business segment from its downstream value-adding business segment, which it has been aggressively building out over the past several years. Alcoa explained on Monday that the... 

With iceman on the way, US plants and suppliers get ready

By: Reuters     20th November 2014 US Steel is stockpiling extra iron ore ahead of what could be another record-long freeze-up of the Great Lakes. General Motors has built up inventories of critical parts at its plants and established a supply chain "crisis room" that will swing into action in the event of a major winter storm. 

Canada aims to restore CP Rail service Thursday

By: Reuters     29th May 2012 The Canadian government will force striking workers at Canadian Pacific Railway back to work with fast-track legislation aimed at restoring rail service by Thursday, Labour Minister Lisa Raitt said on Monday. The government introduced the legislation in the House of Commons on Monday to end a... 


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