Ford Motor Co. expects to produce 685,000 vehicles in North America during the first quarter of 2008, 55,000 fewer than the first three months of last year.
Federal lawsuit claims the American aluminum maker overcharged an aluminum company in Bahrain by bribing the company's former officials and the Bahraini government.
China and South Korea are investigating complaints that hundreds of Korean-invested factories have closed down, leaving workers without pay.
Japan's fair trade watchdog raided two electronics companies Thursday on suspicion of fixing prices of display panels for Nintendo's popular DS portable game machines.
Industrial output fell more than expected on weaker overseas demand for electronic devices and cars, adding to fears the nation's economy may be facing a recession.
Denmark-based Scandinavian Tobacco Group sold its cigarette activities to British American Tobacco PLC in a $4.1 million deal.
China accounted for 17.7 percent of Japan's total trade last year, while the United States dropped to second place, with 16.1 percent of the total.
More workers signed up for unemployment benefits last week with applications rising by 19,000 to 373,000 — an increase larger than expected.
U.S. factory orders for big-ticket manufactured goods fell by the largest amount in five months as manufacturers got caught in the weakness engulfing the rest of the economy.
Chrysler lost about $2.7 billion from August to September after Daimler sold the automaker to a New York private equity firm, Daimler said in its annual report.
European Commission regulators approved the purchase of Netherlands-based PC maker Packard Bell by Taiwan's Acer on Wednesday.
Henkel KGaA, the German maker of household products, is planning an efficiency program that could eliminate as many as 3,000 jobs, or almost 6 percent of its global work force.
Canadian automotive supplier forecasts full-year 2008 light vehicle production volumes to fall to 14.4 million units in North America from 15.1 million in 2007.
Federal Reserve Chairman Ben Bernanke assured Congress on Wednesday that the Fed is ready to further loosen its grip on credit to avoid recession.
Recession fears led to a further decline in optimism among consumer products senior executives in the fourth quarter of 2007, according to PricewaterhouseCoopers.
Soaring prices and slowing economic growth could result in ‘stagflation’ — an event the U.S. hasn’t seen in three decades.
Luxury car maker will cut another 5,600 jobs by the end of 2008, on top of 2,500 other positions that have already been eliminated, amid a wide cost-cutting program.
After a federal judge ruled last week that Plastech can keep Chrysler's equipment as it works through its restructuring, the two companies agree to continue a temporary supply agreement until March 3.
Japanese automakers agreed to expand their alliance to broaden the scope of their minicar and light commercial vehicle production.
European and U.S. consumer products makers, including Procter & Gamble and Colgate-Palmolive, are suspected of colluding on prices and could face billions in fines.
Automaker's president brushed off looming worries about a U.S. slowdown Wednesday, saying sales are strong especially on the East Coast amid growing demand for fuel-efficient cars.
China's drug safety agency said it enforces strict controls on chemicals used in pharmaceuticals, but that importing countries are ultimately responsible for ensuring product safety.
Consumer confidence plunged, the wholesale inflation rate soared, home foreclosures jumped, home prices fell sharply and a report predicts big increases in health care costs.
Europe has not significantly increased research spending in more than 20 years and will miss a target to invest more by 2010, a think tank report said.