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Ford cancels SKF components contract, hits South African jobs

Ford cancels SKF components contract, hits South African jobs

Some 250 jobs at a South African forging company could be cut after U.S. motor company Ford (F.N) canceled a components contract with SKF (SKFb.ST), just weeks after strikes hit car parts manufacturers, a union said on Tuesday.

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Jaguar Land Rover agrees UK pay deal with union

Jaguar Land Rover agrees UK pay deal with union

British luxury carmaker Jaguar Land Rover said on Tuesday it has reached a deal over pay and pensions with union representatives after revising its offer, which will now be recommended to staff to settle a dispute that had threatened industrial action.

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UAW presses Daimler at Alabama plant after NLRB victory

UAW presses Daimler at Alabama plant after NLRB victory

The United Auto Workers union said on Monday it will press managers of the Daimler AG's (DAIGn.DE) Mercedes-Benz assembly plant in Alabama to respect the right of workers to discuss organizing a local union while on the factory floor.

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U.S. authorities accuse Toyota arm of discriminatory loan pricing

U.S. authorities accuse Toyota arm of discriminatory loan pricing

Toyota Motor Credit Corp TOYOM.UL, the lending arm of Toyota Motors Corp (7203.T), could face an enforcement action from U.S. authorities over its pricing of auto loans through dealerships and could be forced to reimburse borrowers or pay a fine, the company said late Friday.

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Apple tumbles as much as 6 percent in unusual trading

Apple tumbles as much as 6 percent in unusual trading

Apple Inc (AAPL.O) shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume.

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Russia drops South Stream gas pipeline project, Putin blames Europe

Russia drops South Stream gas pipeline project, Putin blames Europe

Russia's Gazprom (GAZP.MM) on Monday cancelled a project to construct the South Stream pipeline to supply gas to southern Europe - an apparent casualty of the dispute between Moscow and the West over Ukraine.

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U.S. retailers warn of Chinese giant Alibaba's impact in U.S.

U.S. retailers warn of Chinese giant Alibaba's impact in U.S.

Several of the largest U.S. retailers warned that Alibaba Group Holding Inc may "decimate" local companies unless Congress closes tax loopholes for online retailers, singling out the Chinese company before it has even established a major American consumer presence.

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