BMW will relocate production of the electric Mini hatch from the UK to China in a move seen as a betrayal to UK workers. It is also a grim reminder of the UK’s current economic...
Last week Trevor Milton the founder of Nikola Motors was convicted of fraud and deception by a U.S. federal court. The trial took place in New York, and after 5 hours of deliberation, the jury...
Neo-liberal sterile corporate monolith Stellantis (the oligarch behind Peugeot, Citroen et al) is currently engaged in bait-and-switch talks with Italian unions. Unions representing Italian workers at sterile corporate monolith Stellantis are seeking a wage increase...
They are sterile, they are corporate, they are Stellantis and they are trying to put out the fire of Union strikes that is spreading at the sterile corporation’s Kokomo plant in Indiana, USA. UAW (United...
When a company engages in a rights issue, it is neither a good nor a bad sign but it does signal the company is struggling. In this case, the company involved in a rights issue...
Volkswagen is preparing to sell Porsche by listing the fabled sports car company on the stock market. To investors and traders, the Porsche IPO is being billed as one of Europe’s biggest listings ever. Volkswagen...