Business

Jaguar Land Rover to cut jobs and production - and to blame Brexit

Jaguar Land Rover to cut jobs and production - and to blame Brexit

While JLR has neither confirmed nor denied the job losses, a company spokesperson told the news site that the auto firm would be making "some adjustments" to its production schedules and the levels of agency staff. Latest employee figures say there are 3,200 people employed at the Castle Bromwich site and a further 10,000 at Solihull. The vehicle manufacturer, Britain's biggest, will be particularly affected by government plans to hike vehicle excise duty on diesel cars in April - the fuel ...


Trump's tax breaks boost profits at JP Morgan Chase and Citigroup

Trump's tax breaks boost profits at JP Morgan Chase and Citigroup

Neuberger Berman Gp Ltd Liability invested 0.3% of its portfolio in Citigroup Inc. Citigroup Inc (NYSE:C) has 16.32M shares average volume. Usca Ria Llc who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $184.68B market cap company.


VW set to name new chief executive today

VW set to name new chief executive today

Herbert Diess replaces Matthias Muller who is stepping down as chairman by agreement, effective immediately. As the names suggest, the brands will be divided according to product value, with the likes of Volkswagen, Skoda and SEAT found in the Volume category, while Lamborghini , Porsche and Bentley will make up the Super Premium segment of the business.


JPMorgan's Reports Higher Earnings

JPMorgan's Reports Higher Earnings

Insiders own 0.88% of the company's stock. About 63.63 million shares traded. Since April 13, 2017 JPM has risen 23.99% and is uptrending. (NYSE:JPM). The insider BILLEADEAU SCOTT A sold 2,419 shares worth $465,174. Friedman Stacey also sold $1.99 million worth of JPMorgan Chase & Co. (NYSE:JPM) earned "Neutral" rating by Nomura on Monday, January 25.


Industrial output slows to 7.1%, retail inflation eases for third straight month

Industrial output slows to 7.1%, retail inflation eases for third straight month

Overall industrial production recorded a monthly rise of 0.1% in February, aided by a jump in electricity and gas generation during a spell of unusually cold weather. As per use-based classification, the growth rates in February 2018 over February 2017 are 3.7 per cent in primary goods, 3.3 per cent in intermediate goods and 12.6 per cent in infrastructure/construction goods.


Companies Near Gender Pay Parity, in a Sense

Companies Near Gender Pay Parity, in a Sense

Some companies want to reach a zero gender pay gap sooner, but only within higher salary brackets, while others have said they are aiming for total gender parity without publicly setting a deadline. "It reaffirms our concerns about the limitations of the gender pay gap regulations". The wage gap was 20 per cent at Reuters Ltd. and the mean bonus gap was 41 per cent.