Health care products company to buy the medical products supplier Mentor for $1.07 billion in a move to boost its presence in cosmetic and reconstructive medicine.
Officials say a joint petrochemicals venture between Dow Chemical Co. and a Kuwaiti company will begin operations by Jan. 1.
Head of the United Auto Workers made a public plea for government help for U.S. carmakers as the Big 3 put final touches on stabilization plans to submit to Congress.
Overtime hours worked by employees in manufacturing dropped by a sharp 11.1 percent in October from a year earlier due to slumping production activity in Japan.
Iranian state TV reports that OPEC's Secretary-General says a daily oil production cut of between 1 million and 1.5 million barrels is likely in December.
Consultant thinks products are now truly a year or two away, as electronics manufacturers show more interest and fuel cell makers move beyond prototypes.
South Korea's exports fell in November by the most in nearly 7 years, the government said, while automakers took steps to cut production as demand slumps.
Swedish government confirmed Monday it is in talks with GM and Ford after a report that the U.S. automakers are seeking support for their struggling Swedish brands.
British manufacturing activity contracted at a record pace during November as new orders collapsed, a closely-watched survey found Monday.
China's manufacturing activity contracted sharply as a downturn in the world's fourth-largest economy worsened, raising the threat of job losses.
Semiconductor Industry Association said Monday that global chip sales fell as prices declined for chips used in digital cameras, cell phones and music players.
New jobless claims fell more than expected last week from a 16-year high, the government said, though they remain at elevated levels due to the slowing economy.
Commerce Department reported that consumer spending plunged by 1 percent last month, even worse than the 0.9 percent decline that had been expected.
Orders for big-ticket manufactured goods fell 6.2 percent, the largest amount in two years as manufacturing was battered by overall economic weakness.
Government says jobless claims remain at recessionary levels, while Americans cut back on their spending by the largest amount since 2001 and factory orders plummeted.
Automaker says talks to sell its remaining stake in struggling Chrysler have stalled because of exaggerated demands from owner Cerberus Capital Management LP.
About 200 protesters stormed the gates of a toy factory in southern China that supplies U.S. toy maker Hasbro, the second day of demonstrations over a pay dispute.
Chinese mining company says it will invest $1 billion to build an aluminum plant in southwest Guyana.
Mining giant said it was looking for other takeover targets after abandoning its $68 billion hostile bid for Rio Tinto citing risky conditions.
Europe's biggest economy fell into recession and the government recently slashed its 2009 growth forecast to 0.2 percent, but many economists now expect negative growth.