Chief executive of Europe's biggest carmaker warned the industry faces a difficult business climate next year, but added his company still expects to reach its 2008 goals.
Prime Minister Gordon Brown acknowledged Wednesday that the world economic downturn is likely to cause a recession in the United Kingdom, the U.S and other countries.
Connecticut officials say they've found 10 boxes of cookies made in China that contain melamine, a chemical used in plastics manufacturing, in a small East Hartford store.
Talks toward General Motors' possible acquisition of Chrysler may involve going to Congress for cash, according to a person involved in the financing discussions.
Brewer of Fordham and Old Dominion beers is moving operations from its Ashburn, Va., brewery to its plant in Dover, Del.
Automaker will resume production at its full-size truck plant in Texas Nov. 10 but will run only one of the two production lines, officials said.
Global mining and metals company will invest an additional $300 million to modernize the Kitimat aluminium smelter in British Columbia.
Computer company said Wednesday its PC shipments in the Asia-Pacific region grew three times faster than the industry average in the third quarter.
Boston Scientific said the Food and Drug Administration has lifted some restrictions imposed more than two years due to quality control problems.
Leaders will meet Nov. 15 in Washington to address the global financial crisis -- the first in a series of summits to mitigate what economists predict could be a long and deep downturn.
Barrage of poor earnings from major corporations revived worries of a global recession and showed the depth of the financial crisis the Bush administration is trying to tackle.
Head of Hawker Beechcraft warned employees that the company must take unspecified actions in coming weeks to ensure that it is prepared amid the turmoil in global financial markets.
Company will close its Allen-Bradley manufacturing plant in Manchester, N.H., by the end of the year.
Suppliers to the General Motors plant in Janesville, Wisc., are planning mass layoffs Dec. 23 -- the same day GM is ending production of sports utility vehicles there.
Congressional investigators say it would take 13 years for U.S. inspectors to visit each of 3,249 foreign manufacturing plants that make medications for the American market.
Company said it has withdrawn a $26 a share bid to acquire SanDisk, but suggested it was still interested in buying the U.S. flash memory card maker at a lower price.
Japan's largest automaker will post its first decline in global sales in a decade this year, hit by slowing demand amid the financial crisis, a Japanese newspaper predicted.
World's largest retailer said it will set new quality standards for suppliers amid a scare over toxic milk products that sickened tens of thousands of babies across China.
Global downturn is cutting into China's appetite for resources, but developing countries' hunger for raw materials remains positive, the world's largest mining company said.