German industrial conglomerate says plans to slim down its management board is part of an effort to make its corporate structure leaner and more transparent.
Antitrust regulators say preliminary investigation raised 'serious doubts' about whether the $4.2 billion takeover would preserve competition in the European market for navigation devices.
Japan is violating international trade rules by issuing fees on imported DRAM chips made by South Korea's Hynix Semiconductor Inc.
Company halting production at its Footner Forest Products Ltd. plant due to operating losses and reduced customer demand; move will affect 150 workers.
Head of investor relations said bribery, slush fund scandal engulfing the electronics conglomerate is no cause for concern as he outlined ambitious growth plans.
Chinese manufacturer of toy coated with a chemical that can turn into a 'date-rape drug' if ingested apologized for damaging the 'Made in China' label.
China's rise as a global trading power and status as the EU's top trading partner obligates it to drop barriers preventing foreign competition, according to Commissioner Peter Mandelson.
Regulators fined the companies a total of about $724 million for colluding to fix prices of flat glass and other commercial conditions in the European market.
The companies are taking too long to phase out toxic chemicals from their game consoles, Greenpeace said in its latest environmental ranking of leading electronics makers.
Gazprom and the U.S. chemical giant will create a working group to determine whether a joint venture for projects in Russia and Germany is economically viable.
SORL Auto Parts Inc. will supply air brake systems for Indian trucks; deal is expected to generate $5 million in revenue next year.
Volkswagen Passenger Cars plans to invest $14.1 billion over the next three years in new products, plants and production capacity, safeguarding employment.
Italian tire maker is making high-performance car tires at $100 million Shandong Province factory, which can make 3 million pieces per year.
Company will supply and maintain 35 freight locomotives for Belgian railway.
New site is part of the company's contractual obligation to produce a broad portfolio of multiple nonsterile specialty semisolid products for Johnson & Johnson.
Jose Manuel Barroso says current trade imbalance is 'unsustainable' and adds to anxieties about globalization and economic competition from overseas.
Norwegian-controlled Aker American Shipping ASA signed an option deal with its Aker Philadelphia Shipyard ASA unit to build up to 13 tankers.
Global mining giant wants to focus on its upstream mining expertise by eliminating Alcan's engineered products division.
Auto worker in Toyota suit said she was carrying out the automaker's quality-conscious method for spotting defects when managers demoted her.
Theft of intellectual property is estimated to cost the American economy $250 billion a year in lost sales, jobs and tax revenue, according to the U.S. Patent and Trademark Office.
Automotive Parts Manufacturers' Association of Canada says the federal loans are needed to save the country's largest export industry.
Japan's top automaker says global production climbed 14.4 percent in October, moving it closer to overtaking GM as the world's biggest automaker.
Deal to sell 160 passenger jets to China stands to push the European plane maker past Boeing in total commercial aircraft orders this year.
Northwest Airlines Corp. executives will look over the slow-selling A380 superjumbo during a visit to Minneapolis, the airline's home airport.