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NEW YORK -- General Motors Corp. Chief Executive Rick Wagoner said Thursday the Detroit automaker can survive long-term without cutting benefits to retired workers.
CAR group Nissan last night sent shockwaves through the North East by axing 1,200 jobs at the country’s biggest and most productive car plant.
LONDON: The Bank of England (BoE) cut interest rates by half a percentage point yesterday to a record low of 1.5% as it battles to keep Britain from falling into a deep slump, and experts say borrowing costs will fall again next month.
The Holy Savior Menard Lady Eagles and first-year coach Tonya McIntosh have not ducked quality competition this season.
Yikes -- talk about a bad day for our local Pac-10 hoops teams. Any swagger and confidence Oregon State picked up by beating USC on Sunday gave way to a serious dose of humility Thursday as Arizona State showed the Beavers just how far they have to go. About 100...
Tata Motors' commercial vehicle plant here will be closed for six days, from January 12 to January 17, for the fifth time since November last year, a company official said today.
John Lewis reported a 27.4pc jump in sales over New Year as customers flocked to buy clothes furniture and televisions in the clearance sale.
Jan. 9 (Bloomberg) -- South African house prices rose 3.8 percent in 2008, the slowest pace in 12 years, as interest rates at a five-year high hurt consumers, said Absa Group Ltd.
Jan. 9 (Bloomberg) -- Panasonic Corp. , the world’s largest consumer-electronics maker, cut its planned investment in two flat-panel factories by 23 percent as the global economic slump eroded demand.
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