Blaze at Cretex Concrete Products West plant damaged two storage rooms, the boiler room and a testing room, forcing it to close down.
French automaker said the deal would promote development of Avtovaz, which has struggled against growing automobile imports and locally produced models of Western vehicles.
Recent comments by Chrysler top executives lead some analysts and employees to believe the automaker is preparing for further cuts in models, capacity and jobs.
Canadian auto supplier's Magna Steyr unit will be responsible for development and production of BMW Group's Mini sports activity vehicle.
Mark Hogan will leave the Canadian auto supplier at the end of the year to pursue other opportunities.
Payroll additions, an unemployment rate at 4.7 percent and wages growing briskly are encouraging signs the country's employment climate is holding up.
Concession followed the latest round of talks between Japanese and U.S. farm officials; the imports were banned over mad cow fears more than three years ago.
World's largest steelmaker will offer at least $1.65 billion for the remaining shares in China Oriental Group Co. that it does not own.
Exports from one of China's best-known food makers were stopped after authorities said they found unsafe chemicals in canned luncheon meat.
Chemicals maker said it will raise prices for several packaging and building materials products sold in the Asian-Pacific region due to a slew of higher costs.
Hedge fund Highland Capital Management says it discussed the possibility of an alternative bid with the unsecured creditors committee and may proceed.
World Trade Organization heads into 2008, its fifth straight 'final year' for talks on a new global commerce pact, with a dearth of confidence but criticism to spare.
Justice Department approves cable and wire manufacturer’s $2.6 billion purchase of fellow communications equipment maker — with conditions.
Sales of military and commercial aircraft by U.S. manufacturers are forecast to grow by about 6 percent, with commercial planes, engines and other parts leading the way.
Chinese officials say they are willing to discuss ways to ease the massive trade surplus with the U.S. in talks next week with Treasury Secretary Henry Paulson.
China's biggest steel producer says it has no plans to bid for Rio Tinto, which is trying to fend off an acquisition offer from rival BHP Billiton Ltd.
Heart valve maker will sell its LifeStent line of stents to C.R. Bard Inc. for up to $140 million to focus on its core businesses.
Thailand will grant tax incentives to the automakers for plants to produce small, fuel-efficient automobiles.
Aircraft maker has been talking to airlines for two years and is considering two options for a replacement to its most popular aircraft ever.
Increase in federal automobile fuel efficiency requirements passed as part of an energy bill that also repeals oil company tax breaks and encourages use of renewable fuels.