Top News:
Industry News
Mark Buzzell elected as the new President and CEO for Ford’s Canadian operation
Industry - Nov 21, 2016
During Dianne Craig’s tenure, Ford has been the best-selling automotive company in Canada for five consecutive years. Ford had previously planned investment of more than $1.4 billion in its Cana
Iran to buy French oil and gas company Total SA in $6 billion contract
Industry - Nov 17, 2016
Iran announced a preparatory agreement with France multinational integrated oil and gas company Total SA for a valuation of $6 billion. Total SA is one of the seven “supermajor” oil firms
Nuclear waste storage in South Australia rejected by citizens jury
Industry - Nov 17, 2016
After a cabinet meeting about dumping the nuclear waste in South Australia, the Premier of South Australia Mr. Jay Weatherill said “no decision has been taken” about abandoning or continui
New four year Tentative Agreement approved by the Unifor, Ford will invest $613 Million
Industry - Nov 17, 2016
The Unifor union said that finally they have a covering of up full month of contract talks and now they are agree with the new contract. In this new four year contract, the 58 percent of worker voted
Metrolinx wants to terminate the $700 million contract with the Bombardier Inc.
Industry - Nov 17, 2016
The regional transport group Metrolinx has filed a notification of intention to terminate a $700 million contract for Bombardier to provide lightest-rail vehicles for the LRT (Light rail transit) Line
Global online marketplace Groupon closes its South African site services
Industry - Nov 17, 2016
American global e-commerce marketplace Groupon has closed its services and website in South Africa. According to Groupon, that deals are frequently not lucrative for them and they attract the wrong ki
Ford’s Tentative Agreement with Unifor
Industry - Nov 17, 2016
Unifor (Union for Canada), on behalf of 6,700 autoworkers at Ford’s actions in Canada, said late Monday that the ‘high-level conferences between Unifor and Ford Motor Company, were in an e
Ex- BHS owner detained by HMRC for unpaid Tax
Industry - Nov 15, 2016
A non-ministerial department of the United Kingdom, Her Majesty’s Revenue and Customs (HMRC) arrested Dominic Chappell, the former owner of BHS (British Home Stores) in relation to an unpaid tax
$14.7 Billion Buyback Deal of Volkswagens Emissions Scandal Approved by Court
Industry - Nov 15, 2016
In the United States, finally some good news for the owners of almost half-million Volkswagen diesel cars who have been trapped in Volkswagen’s emissions scandal. On Tuesday, a District Court Ju
Brexit impact: most horrible worker shortage in UK food industry
Industry - Nov 11, 2016
After the dramatic Brexit, UK’s food industry is facing a huge worker shortage and this condition has grown quite awful as compared to the year 2004. UK food manufacturers and processors are str
Oil prices rise slowly during the oversupply of crude: OPEC
Industry - Nov 11, 2016
The Organization of the Petroleum Exporting Countries (OPEC), assume that the spike in oil prices would be slow over the next few years than it had estimated. According to the OPEC, the prices o