Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat diesel emissions tests. The settlements in principle …
Work four days a week, but get paid for five? It sounds too good to be true, but companies around the world that have cut their work week have found that it leads to higher productivity, more motivated staff and …
Sweden’s Volvo, the world’s second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in e-commerce and a shortage of freight drivers. Volvo said the truck, which does not have …
A group of mainly European retailers has finalized a plan to conduct coordinated inspections of factories in Bangladesh in an attempt to prevent a repeat of the Rana Plaza disaster that killed 1,129 people in April. The collapse of Rana …
World leaders warned on Thursday that soaring food prices risked stoking unrest and even war, but top executives meeting in the Swiss resort of Davos rejected calls for curbs on commodity speculation. Indonesian President Susilo Bambang Yudhoyono said the world’s …
Fortis said on Thursday that it plans to shore up its finances with measures worth more than €8 billion ($12.56 billion), including issuing new shares, hitting its stock on dilution worries. The Belgian-Dutch financial services group said it would issue …
