Business articles

BMW staff begin UK strikes over pension dispute

Workers at three British plants of German car giant BMW began a 24-hour strike Wednesday over proposed changes to pensions, with more walkouts promised over the next five weeks.

AkzoNobel unveils strategy to thwart US takeover bid

The world’s leading paintmaker AkzoNobel, fending off a hostile takeover bid from US rival PPG, on Wednesday unveiled plans to shed its chemicals division as first-quarter profits came in stronger than expected.

Trump era a new challenge for the IMF

In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed to some of its most important positions.

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