Local arm of the world's largest toy maker destroyed 175,000 lead-tainted toys taken from store shelves and factories throughout the country.
More than 10,000 workers walked off the job demanding higher pay; current average monthly salary is $62.
Faulty fuel pipe design that could lead to a fuel leak is the latest quality control problem the automaker has had since it ramped up production.
The $50 million center will be used to develop new products and technology for local markets and expand the company's manufacturing operations.
The 27th straight monthly gain was due to brisk demand mainly in Europe and North America.
Industrial production rose 1.6 percent in October from the previous month, buoyed by brisk output of general machinery makers and car manufacturers.
Canada's Competition Bureau investigating Nestle, Cadbury, Hershey, and Mars for a possible price-fixing scheme in the country's multibillion-dollar chocolate market.
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.