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Ford UK may see first strike since 1970′s

London: Ford UK may see the possibility of the first strike at the company since the 1970s, after Britain’s biggest trade union, Unite, slapped a notice with the intention of holding a ballot for industrial action over pensions. Ford UK is attempting to close the final salary pension scheme to new starters as well as [...]



Audi acquires Ducati

Ingolstadt: AUDI AG announced the acquisition of the tradition-steeped Italian sports motorcycle manufacturer Ducati Motor Holding S.p.A., which has its registered office in Bologna. Investindustrial Group will sell its holdings to Audi. The company said that the transaction will be completed as quickly as possible once authorized by the competition authorities. The Supervisory Boards of [...]