The European carmaker's association reported Tuesday that EU passenger car sales rose in October for the second consecutive month. It is the first time since September 2011 that European car sales have grown two straight months — a sign that perhaps the gloom in the car market is about to lift.
Like so many industries that Europe once dominated, today the piano market has moved east, grown more democratic, and gone digital. A study by ResearchMoz says China is the world's biggest producer and consumer of pianos, many of them budget or electronic models.
The 342 orders represented more than twice the value of those seen by European rival Airbus, who said it took 142 orders worth some $40 billion. The massive commitments came from just four carriers in the tiny nations of Qatar and the United Arab Emirates, which are in a race to create more jobs for their own citizens and diversify their oil-dependent economies.
Some Russian air crashes have been blamed on the use of aging aircraft, but industry experts point to a number of other problems, including poor crew training, crumbling airports, lax government controls and widespread neglect of safety in the pursuit of profits.
On the sidelines of a U.N. climate conference, Christiana Figueres told dozens of CEOs of coal companies meeting at Poland's Economy Ministry that their industry needs to change radically to curb emissions of heat-trapping gases that scientists say are warming the planet.
Wal-Mart said about 10 of more than six dozen Bangladesh garment factories failed safety checks in audits it commissioned. The retailer hired Bureau Veritas to check some 200 factories it uses in Bangladesh after the April collapse of the Rana Plaza building killed more than 1,100 people and highlighted often grim conditions in the country's garment industry.
First Solar will invest about $100 million in Japan to develop solar power plants. The largest U.S. solar company said Friday that it will team with Japanese companies to develop, build and operate solar power plants. The company has created operating subsidiary First Solar Japan GK and opened a Tokyo office.
The new target approved by the Cabinet on Friday calls for reducing emissions by 3.8 percent from their 2005 level by 2020. The revision was necessary because the earlier goal of a 25 percent reduction from the 1990 level was unrealistic, the chief government spokesman, Yoshihide Suga, told reporters in Tokyo.
The outpouring of international aid to the Philippines makes China's contribution for typhoon relief look like a trickle: even Swedish furniture chain Ikea and beverage giant Coca-Cola have done more than the world's second-largest economy. That won't help Beijing's campaign to win over neighbors with its soft power.
About 150 game developers are showcasing their ideas to global investors this week at the annual Slush conference — a hotspot for startups in Europe. The conference, which ends Thursday, has tripled in size from 2012 with investors representing venture capital funding worth more than $60 billion.
The deficit increased to $41.8 billion, up 8 percent from August, the Commerce Department said Thursday. It was the largest trade gap since May and marked the third straight month that the deficit has risen since hitting a four-year low in June.
The Indianapolis company said Thursday it will spend $350 million to expand its insulin cartridge manufacturing in China, another $120 million for a similar improvement in France and $245 million to boost manufacturing capacity in Puerto Rico and Indianapolis.
The opening of a Swiss-owned chocolate factory northwest of Tokyo is a small but sweet milestone in Prime Minister Shinzo Abe's crusade to lure foreign investment to Japan after decades of keeping local industries protected from outside competition.
The additional 15 Russian-built Mi-17 helicopters were to be purchased next year at a cost of $345 million and then delivered to Afghanistan's national security forces. Bipartisan opposition to the Mi-17 acquisition grew as the violence in Syria escalated and U.S. relations with Russia deteriorated.
Officials in Asia refrained from commenting on the document that anti-secrecy website WikiLeaks published Wednesday. The negotiating document from late August outlines the status of talks on intellectual property protections, one of the most contentious areas of the Trans-Pacific Partnership trade talks.
Volkswagen AG will recall 640,309 cars and minivans to replace oil in their transmissions that might cause an electrical problem, the Chinese government product quality agency said. VW will replace the synthetic oil with mineral oil at no charge to owners, the Administration for Quality Supervision, Inspection and Quarantine said.
Ecuador's highest court has cut in half a landmark judgment against Chevron Corp. for oil contamination in the Amazon, putting the penalty at $8.8 billion. The sum equals the original judgment against the oil multinational awarded by a local judge in February 2011.
The two-billion-dollar manufacturing complex in Aguascalientes, central Mexico, is capable of assembling 175,000 cars annually. It will initially produce Sentra compact sedans, which are to be shipped to over 20 markets globally.
With most of its 137 million objects kept behind the scenes or in a faraway museum, the Smithsonian Institution is launching a new 3D scanning and printing initiative to make more of its massive collection accessible to schools, researchers and the public worldwide.
The automaker said in a statement that the new headquarters will have about 120 employees to oversee GM's businesses in Africa, Southeast Asia, Australia, New Zealand, India, South Korea and the Middle East, as well as Chevrolet and Cadillac Europe.
Hundreds of workers from the SL Garment Processing (Cambodia) Ltd. factory clashed with hundreds of riot police sent to block a march from the factory to the residence of Prime Minister Hun Sen, according to two human rights groups.
Swiss federal prosecutors said Tuesday that Sweden-based Siemens Industrial Turbomachinery made payments between 2004 and 2006 to "senior executives of the Russian state-owned" gas production company into their Swiss bank accounts. Gazprom wasn't identified by name, but is Russia's only state gas company.
Manufacturers, in many cases, are leading the way in finding more flexible ways to work with labor. It gives the flexibility to build people’s confidence without necessarily becoming full-time employees. There’s more technology that can be put to play in training people, in ensuring their skills are high.
DeWalt, the manufacturer of industrial power tools, has announced its intention to build more than 600 different cordless power tools, hand tools and accessories in the U.S., using globally-sourced materials. The company says its 75,000-square-foot facility near Charlotte, N.C., has been producing tools since early October.
The South Korean electronics giant is in a quiet push to make its Tizen operating system a part of the technology lexicon as familiar as Google's Android or Apple's iOS. Its ambition doesn't stop there. Samsung sees the software in your car, fridge and television too.