Sweden-based car maker Volvo Cars says it will cut around 3,000 jobs as part of its cost-cutting measures. The firm says the ...

Meanwhile, the company is running slowly, halting of new models. It has also dropped the six vehicle platforms as part of cost cost-cutting process ...

To escape some inflationary pressure from the tariffs, company executives are reportedly considering a production shift.

The European Union has agreed to fast-track trade talks with the US in a bid to avoid President Trump's 50% tariffs — which, ...

The Italian coffee maker will press ahead with its U.S. expansion, it said in April. Lavazza, which produces locally around half of what it sells in the U.S., plans to increase this output to 100%.