Expansion efforts of computer chip-making equipment manufacturer into other markets lands the company a $1.9 billion order to help build multiple solar panel factories.
Company invested over $24 million in a Norwegian electric-car maker and its U.S.-based battery supplier in an effort to push the technology toward the mainstream.
U.S. worker productivity slowed sharply in the final three months of last year as the economy lost momentum, while employers' unit labor costs rose at a 2.6 percent clip.
Japan's top automaker has been asked to invest in a project to build the first 'made in Japan' passenger aircraft in three decades.
Recession fears are rising in the world's second-biggest economy as business investment shrank at its fastest pace in more than five years during the fourth quarter.
Domestic auto sales in Germany grew by 17 percent in the first two months of the year, which could be a sign its economy is picking up this year.
CEO Alain Belda said the money will go to modernizing the 51-year-old aluminum smelting facility and will guarantee 3,900 direct and indirect jobs.
Russia plans to sell up 100 passenger jets to Iran in what would be the largest such deal ever for Russia's aviation industry.
South Korean chemical manufacturer, LG Chem, said a fire at one of its rechargeable battery plants is expected to cause an $85 million loss in sales.
Japan's finance and economy ministers voiced concern about the yen's sharp rise against the U.S. dollar, warning that the trend may slow the nation's export-dependent economy.
Automakers' most profitable vehicles — trucks, sport utilities and large sedans — sales plunged in February as consumers reacted to high gas prices and the possible recession.
Ford Motor says it will temporarily cut shifts at factories in Chicago, Louisville, Ky., and Cleveland to match lower demand for its vehicles.
February survey results from supply managers and business leaders in the Midwest and Plains show rock-bottom confidence in the region's economy.
About 120 jobs will be created at $19 million plant to build interior and exterior plastic automotive components for a Toyota auto manufacturing plant that's set to open in 2010.
Rising prices and falling volume remain among the chief concerns for manufacturers as the sector fails to expand.
In a CNBC interview, billionaire Warren Buffett says the U.S. economy is essentially in a recession — even if it hasn't met the technical definition of one yet.
Meat and food products maker said Monday it expects to make $2 billion in sales from new products by 2012.
Boeing had supplied refueling tankers to the Air Force for nearly 50 years, but EADS and its U.S. partner, Northrop Grumman, won one of the biggest Pentagon contracts in decades.
Chief executive of Airbus says his company remains concerned about the record-setting euro but is not poised to cut more jobs.
Parent company of jet engine-maker Pratt & Whitney made a bid for ATM maker Diebold to broaden its security business and expand its presence in China.
Volkswagen will pay $2.85 billion to become the biggest shareholder of Scania in a deal that could clear the road for new talks about combining it with German truck builder MAN AG.
Jim Press, vice chairman and president of Chrysler, said the automaker remains on track to meet its financial targets and right-size itself despite slumping U.S. vehicle demand.
Smaller artisan firms across Europe that traditionally target the U.S. as their primary market now have to look elsewhere as the U.S. dollar weakens.
German automaker says its profit climbed about 50 percent in 2007 as it sold a company record of almost 6.2 million cars.