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Daimler May Need to Cut More Jobs Than Announced
Daimler AG will need to cut more jobs than the 15,000 previously announced, the company’s head of human resources told German news agency DPA in an interview.
Some Chinese Ports Are Jammed Again on Food Testing
Intensive testing of meat, seafood and other products for the coronavirus has tripled customs clearance times at some major Chinese ports, raising concerns the delays could ensnare global trade flows.
Volkswagen Management Tumult Spills Over to Truck Subsidiary
Volkswagen AG’s series of executive shakeups is reaching its commercial-vehicle operations, with the surprise departure of Traton SE’s chief and other managers highlighting friction over restructuring plans that were jolted by the COVID-19 pandemic.
Crude Oil Pares Weekly Decline on Optimism Over Virus Treatment
Oil rebounded as a new virus treatment showed promising results, but rising COVID-19 cases continued to weigh on the market.
Greenbrier CEO Will Remain in Position Until September 2022
The Greenbrier Companies Chairman and CEO Bill Furman has agreed to continue in his position for up to two more years as a result of the coronavirus pandemic.