Ensuring the American food supply is safe, U.S. government warned its trading partners against putting restrictions on U.S. pork imports amid the spreading swine flu epidemic.
Government forecast Wednesday that Europe's biggest economy will shrink by a huge 6 percent this year but return to modest growth in 2010.
European Commission said businesses and shoppers in both the 27-member EU and the 16 countries that use the euro were more optimistic in April for the first time since May 2007.
Troubled British van maker laid off most of its employees and set a May 6 deadline to secure new funding or go into administration, a form of bankruptcy protection.
GM says it will force 1,000 to 1,200 underperforming dealerships to close their doors as it tries to thin dealer ranks to make the remaining outlets stronger.
Jewelry items found in Southern California stores and warehouses contained dangerously high lead levels and were imported from China with labels proclaiming them lead-free.
Federal judge has denied a motion to dismiss environmental crime charges against four former executives of W.R. Grace & Co.
Brazilian mining giant produced 46.9 million metric tons of iron ore in the first three months of 2009, down 37 percent from 74.5 million metric tons in the same period last year.
Pipe manufacturer is dedicating its new $150 million facility at the Port of Little Rock, its first factory outside of India.
Fiat vice chairman said the viability of an alliance between Fiat and Chrysler won't be known until Thursday, the U.S. government's deadline for Chrysler to wrap up a deal.
United Auto Workers will own 55 percent of a restructured Chrysler if union members vote to approve contract concessions this week.
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Conference Board's April Consumer Confidence Index rose 12 points to 39.2, the highest point since November and surpassing economists' expectations of 29.5.
Person familiar with the talks says Treasury Department has reached a tentative agreement with four of Chrysler's major debtholders as the automaker races to stave off bankruptcy.
Economy minister said car parts maker Magna International has a 'rough concept' for its possible investment in Opel, but the next move hinges on General Motors.
Amid fears of swine flu, Russia widened a ban on meat imports from Mexico and some U.S. states, prompting objections from the United States.
Annual inflation rate in Germany, Europe's biggest economy, edged up to 0.7 percent in April after hitting a 10-year low the previous month.
Vestas, world’s biggest maker of wind turbines, said it would lay off about 9 percent of its workforce, primarily in Denmark and Britain because of sluggish demand in northern Europe.
Heavy equipment maker has restricted its employees from traveling to Mexico, where it has six manufacturing plants and other facilities, because of the swine flu outbreak.