German automaker Mercedes-Benz has announced a plan to cut multi-billion euros in costs in response to a deteriorating business environment.

Anyone who has had to sort out an estate — typically, as executor or, in the absence of a will, as administrator — will have first-hand experience of the amount of time and emotional cost that it ...

Volkswagen's workers union has proposed $1.6bn in cost savings, contingent on avoiding plant closures in Germany, reported ...