Bright World Precision Machinery Limited, a Chinese manufacturer of metal stamping machines, will be acquired by Chinese Holdings for approximately $263 million.
Labor dispute that began May 1 at Latrobe Specialty Steel is ending now that workers have narrowly approved a contract.
Retailers, marketers and investors are all trying to figure out which habits shoppers will keep and which will they drop when the economy recovers.
World Trade Organization agreed with the U.S., EU and Canada that China was breaking trade rules by taxing auto parts imports at the same rate as foreign-made finished cars.
Volkswagen said it achieved record global sales in the first half of the year on strong demand in India, Russia and China, delivering nearly 3.3 million vehicles.
Furniture maker has suspended operations at plants in Ohio and Tennessee, due to a slowing economy and changes in the furniture industry.
Proper Foods factory that freezes and packs food in Deming, N.M., will be closing, affecting about 130 employees.
Carlos Brito, chief executive of brewer InBev SA, says he doesn't care for perks -- and neither should the people who work for him.
Swiss drugmaker offered to buy the remaining shares of its U.S. biotech partner to boost its stature in the market for drugs to fight cancer and other diseases.
Sports accounts for two-thirds of Anheuser-Busch's overall marketing, but new owner InBev's reputation as a cost-cutter raised speculation that the budget could get the ax.
Battered by rising oil prices and anxious creditors, Blue Water Automotive Systems says it could go under within 90 days.
Euro nations bought more foreign goods than they sold in May as a strong euro undermined exports and high oil prices inflated imports.
Pushed up by steep increases in oil and energy costs, producer prices accelerated to 6.7 percent in June, the highest level since March 1982.
Some wholesale distributors of Anheuser-Busch products are concerned about a backlash now that the American brewery is being sold to Belgian-based InBev.
A. Schulman Inc. will raise prices by as much as 20 percent in three different business units to offset ballooning costs for raw materials and energy.
Cummins and units of Fiat Group SpA said Friday they will end their diesel engine joint venture European Engine Alliance.
Mobile phone maker Sony Ericsson says it will slash 2,000 jobs worldwide within the next 12 months to cut costs.
United Technologies unit received four contracts worth a combined $912 million to provide engines for several airlines and aircraft leasing companies.
Bombardier has awarded a unit of Parker Hannafin a contract worth up to $3.5 billion over 10 years to supply flight control systems for Bombardier aircraft.