If President Donald Trump delivers on threats to slap 25 percent tariffs on imported automobiles and parts, experts say it will cut auto sales and cost jobs in the U.S., Canada and Mexico. Trump has asked the Commerce Department to study the tariffs on national security grounds, hoping to bring back
Author: Tola Ojobo
Egypt increases fuel prices, as part of austerity measures
Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country’s economic reforms and austerity measures designed to overhaul the country’s ailing economy. The new prices went into effect Saturday morning, the Ministry of Oil said in a statement. Prices for cooking gas increased from 60 to
This Is How You Jump-Start Your Car With Just A Rope
Rolls-Royce cuts 4,600 jobs at ‘pivotal moment’ for business
London - Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to reduce costs and complexity and make Britain’s best-known engineering company more profitable and dynamic. East, a softly-spoken former tech boss, has overhauled the 134-year-old Rolls since he took charge in 2015 but
European shippers protest bunker surcharges
ANTWERP, BELGIUM: Oil tanker moored near an oil silo in Port of Antwerp July 9,2013 in Antwerp, Belgium. The Port of Antwerp is the Europe's second largest sea port after Rotterdam. Council’s letter asserts “unjustified” fees violate agreement to end price signaling. The European Shippers’ Council has sent a letter to European
Highway Crash Mangles Truck, Stops Traffic in Cape Town
BMW says May sales of BMW, Mini vehicles dip due to China tariffs
VW’s Skoda Auto May deliveries rise 13%
FILE PHOTO: The Skoda Vision X car is presented during an event at the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 5, 2018. REUTERS/Denis Balibouse/File Photo Prague (Reuters) - Global deliveries by Volkswagen’s Czech carmaker Skoda Auto rose 13.4 percent year-on-year in May, posting the best-ever result for the
Land Rover Discovery model moved to Slovakia from the UK
Daimler forced to recall Mercedes with defeat devices
FILE PHOTO: The Mercedes-Benz logo is seen before the company's annual news conference in Stuttgart, Germany, February 4, 2016. REUTERS/Michaela Rehle/File Photo The German government has ordered carmaker Daimler to recall 238,000 vehicles in Germany after they were found to be fitted with illegal software that masks diesel emissions. Across Europe, a