Chancellor Angela Merkel said Europe's biggest economy is cutting its 2008 economic growth outlook to 1.7 percent, but insisted that there is no sign of a recession.
Brazil's TAM airline signed a contract to buy 46 Airbus jets, including 22 extra-wide-body A350s; order is worth $6.9 billion at list prices.
Automakers and analysts are predicting that this year's U.S. auto sales could drop to their lowest level in a decade because of a likely U.S. economic slowdown.
The 30-company benchmark index dropped 7.4 percent, its second-biggest percentage loss ever, amid a regional market rout sparked by worries that the U.S. economy may enter a recession.
Parliamentary report says Britain has a 'reckless' policy on biofuels and should stop promoting their production because they do more harm than good to the environment.
EU Trade Commissioner Peter Mandelson and U.S. Trade Representative Susan Schwab said environmental goals could not justify a new brand of trade protectionism.
Quebec's aerospace industry will receive $400 million from the aircraft manufacturer, related to the government's $1.8-billion purchase of four Boeing C-17 heavy-lift transport planes.
New investment commitments in the manufacturing sector doubled in 2007, despite global competition for foreign investment.
World's two largest automakers developing low-cost cars to sell in emerging markets and compete with the new $2,500 subcompact by India's Tata Motors.
NHTSA reports automakers recalled nearly 15 million vehicles for repairs at dealerships last year, an increase of about 30 percent over 2006.
As Canadian automakers spend billions on technology to meet new federal standards, how much of those costs will they pass on to consumers?
A unit of Taiwan's Formosa Plastics Corp. and the island's Sunsteel Corp. are reportedly planning to build a $6 billion steel complex in Vietnam's Ha Tinh province.
Auto parts makers will rely on Europe and Asia for sales growth as they prepare for their fourth year of heavy cost-cutting in North America.
Opposition argues sale threatens to put Canada in breach of the 1997 international landmines treaty and could make Canadian technology a contributor to an arms race in space.
Russia imported $281 million in American farm machinery products through June 2007, a 112 percent increase from the previous year.
Trade gap with China ballooned by 25 percent in the first 10 months of 2007 from the year-earlier period, making China Europe's biggest source of imported goods.
Report from the Manufacturers Alliance/MAPI suggests that exports and multinational interests are helping companies weather the U.S. economic storm.
U.S. growth rate beat predictions, countering recent forecasts that spending growth in the broader U.S. technology sector would slow this year.
World's largest steelmaker will shed jobs from a loss-making plant in eastern France that makes wire rod.
About 2,500 personnel walked out at Stora Enso plants in Finland to protest layoffs and mill closures, union officials said.
LEDC will build a 150,000 square foot manufacturing facility in London, Ont., creating at least 200 jobs.
Manufacturing exports will grow by at least 5 percent, according to a group that represents the majority of the country's manufacture-for-export plants.
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.