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Women hold majority of seats on GM’s expanded board of directors
April 12, 2021April 6, 2021 code232com

Women hold majority of seats on GM’s expanded board of directors

Business

General Motors Co on Thursday said it is expanding its board of directors to 13 persons, with women holding seven of the seats. GM named

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Ford to phase out Mondeo sedan production in Europe in early 2022
April 11, 2021April 6, 2021 code232com

Ford to phase out Mondeo sedan production in Europe in early 2022

Business

Ford Motor said on Thursday it expects to phase out production of its Mondeo sedan in Europe in early 2022, as the U.S. auto maker

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UK electric van startup Arrival plans more microfactories this year
April 10, 2021April 6, 2021 code232com

UK electric van startup Arrival plans more microfactories this year

Business

British electric van and bus startup Arrival Ltd will announce investments in more “microfactories” throughout 2021 as it expands its global manufacturing presence, executives said

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What does the Suez Canal blockage mean for oil shipments?
April 9, 2021April 6, 2021 code232com

What does the Suez Canal blockage mean for oil shipments?

Business

A giant container ship blocking Egypt’s Suez Canal might be stuck for weeks, the salvage company said, throttling oil and fuel shipments connecting Europe, the

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U.S. bank profits may leap, then fade, as investors look under the hood
April 8, 2021April 6, 2021 code232com

U.S. bank profits may leap, then fade, as investors look under the hood

Business

Big U.S. banks are on track to produce blockbuster first-quarter profit gains, but enthusiasm might fade when investors look under the hood. Banks including JPMorgan

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Factbox-Foreign fashion retailers in China
April 7, 2021April 6, 2021 code232com

Factbox-Foreign fashion retailers in China

Business

Fashion brands, including H&M, Nike and Adidas, have come under fire on Chinese social media for past statements they have made expressing concern over labour

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Nike, Adidas join brands feeling Chinese social media heat over Xinjiang
April 6, 2021 code232com

Nike, Adidas join brands feeling Chinese social media heat over Xinjiang

Business

Nike and Adidas came under attack on Chinese social media on Thursday over past comments the fashion brands have made about labour conditions in Xinjiang,

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