World's leading maker of breakfast cereals bought the United Bakers Group, a leading Russian maker of crackers, biscuits and breakfast cereals for an undisclosed price.
Finance Minister says Ford of Canada won't get direct financial help to reopen the engine plant because the government doesn't believe in targeted subsidies to specific firms.
Japan may introduce subsidies and tax breaks for buyers of passenger cars equipped with clean diesel engines as early as in fiscal 2009 in an attempt to cut greenhouse gas emissions.
The problem for Airbus and Boeing isn't too few customers — it's getting planes off their production lines fast enough to meet demand.
Katsuhiko Kawasoe quit in disgrace in 2000 after acknowledging that the automaker had hidden defects for decades, despite reports of dozens of accidents.
Ford’s new head of its Canadian operations has a big task ahead of him in dealing with a declining industry, says Buzz Hargrove, head of the Canadian Auto Workers.
Verdicts have been further delayed in the U.S.-EU dispute over government support for rival plane makers Boeing Co. and Airbus.
Struggling Canadian automotive parts manufacturer has recently seen a steep decline in its contracts with major automakers.
Differences between brands sold in the U.S. are generally small, so it comes down to design — the way cars look inside and out — as the way manufacturers can set themselves apart.
Airbus said it trailed Boeing Co. in logging new orders last year by a total of 72 civilian jets, but beat its U.S. rival on deliveries.
Four-month campaign to improve the quality of Chinese products has been successful and has helped boost the credibility of the 'Made in China' label, an official said Wednesday.
Influential German state governor voiced anger over decision to shut a manufacturing plant, dismissing the argument that costs are too high.
European plane maker is expected to announce Wednesday that 2007 was a record year for passenger jet orders and deliveries, allowing it to steal the lead back from U.S. rival Boeing Co.
Conference Board forecasts growth will accelerate to 1.7 percent this year, despite recession worries and credit concerns.
Water used in India's Coca-Cola is free of pesticides, a research center said following long-standing allegations that Coca-Cola and Pepsi soft drinks were tainted.
European trade unions called for a tax on imports from countries that refuse to fight the carbon emissions that cause global warming.
Finnish phone maker will close production site later this year as part of its bid to shift manufacturing to cheaper, more competitive locations in Europe.
Economy saw solid growth last year, helped by strong exports, but a downbeat survey of investor confidence pointed to clouds on the horizon for Europe's biggest economy.
Chinese automakers are showing increasing interest in cracking the lucrative U.S. market.
Russian President Putin signed a decree under which Italian airplane maker Alenia would be able to acquire a 25-percent share in Sukhoi's civil aircraft division, the Kremlin said.
Japanese automaker working on the necessary lithium-ion battery technology and partnering with Panasonic to mass produce the batteries.
Forest products company to sell its iLevel European engineered wood products unit to Finnish timber products company Finnforest.
Hybrids, advanced diesels and green alternatives are pushing aside the traditional displays of speed and chrome at this week's Detroit auto show.
German automaker said its 335d coupe and X5 xDrive35d sport utility vehicle will be available this fall.