The head of OPEC, the group of major oil exporters, says recent crude price increases are to blame on market fears caused by the crisis in Iraq but not on a drop in output.
Nissan said that CEO Carlos Ghosn earned 995 million yen in the 2013 business year ended in March, up from 988 million yen the previous year, adding to the view he will remain the highest-paid executive among listed companies in Japan.
The plan includes dozens of proposed changes to labor regulations, government pension fund investments, corporate governance and tax policies that Abe says are needed to spur corporate investment and innovation.
Novartis Pharma K.K. violated Japan's personal information protection law and ethical guidelines in a clinical study, led by the University of Tokyo, of a leukemia drug, the university's investigation panel said Tuesday.
The government agency provides direct loans, loan guarantees and credit insurance to help foreign buyers purchase American-made products.
Despite having a year and a half to prepare the warning photos that are to cover 40 percent of all cigarette packs, most tobacco companies failed to meet Tuesday's deadline, according to the National Commission for Child Protection.
Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on Monday that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay.
The global manufacturing scene has been getting a lot of press lately, as China’s production slows and the reshoring trend gives American workers hope. But with so many moving parts, what’s really happening?
An airport spokesman says the robot, nicknamed Ray, starts work Tuesday and can be booked using a smartphone app.
Factory activity in China expanded in June for the first time this year, according to an HSBC report Monday, adding to signs that the slowdown in the No. 2 economy is stabilizing as recent micro boosting measures take hold.
The first-ever United Nations Environmental Assembly is underway in Nairobi, Kenya, where more than 150 high-level delegations are addressing environmental sustainability challenges.
Dublin-based drugmaker Shire said it has rejected an unsolicited $46.2 billion offer from AbbVie Inc., arguing that it fundamentally undervalues the company and its prospects.
After decades of siphoning jobs from the United States, China is creating some. Chinese companies invested a record $14 billion in the United States last year, according to the Rhodium Group research firm. Collectively, they employ more than 70,000 Americans, up from virtually none a decade ago.
Alstom's chief executive says the French heavy engineering firm's agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect France's national interests.
Check out some of this week's top headlines from across Manufacturing.net, from Indian factory workers killing the CEO over a dispute about work hours to a Chinese-made phone that comes with spyware.
General Electric submitted a revised offer to buy the power generation business of France's Alstom that the American company hopes will be enough to win approval from the French government and see off a rival bid by Siemens.
Japan logged its 23rd successive month of trade deficits in May, as exports and imports both declined despite signs of recovering demand in the U.S. and Europe.
A Chinese paper maker is planning to invest $2 billion over five years to open a facility in Chesterfield County, creating 2,000 jobs, Gov. Terry McAuliffe announced Wednesday.
China blocked Virginia chicken exports in 2007 after a case of pathogenic avian influenza was reported on a single farm in Virginia.
The Texas agriculture commissioner aired a beef with Chipotle Mexican Grill and wants to talk with its founder after the company decided to import grass-fed beef from Australia.
Russia's foreign minister insists the EU's order to halt construction work on the South Stream pipeline in Bulgaria is only a brief delay in the project planned to bypass Ukraine as a transit country and consolidate Russia's energy grip in Europe.
A plan by the world's three biggest container shipping operators to create an alliance has been scrapped after Chinese authorities blocked it.
A cheap brand of Chinese-made smartphones carried by major online retailers comes preinstalled with espionage software, a German security firm said Tuesday.
Chinese premier Li Keqiang oversaw Tuesday the signing of trade deals with Britain worth billions during an official visit that kicked off with a meeting with Queen Elizabeth II at Windsor Castle.
Microsoft Corp. and four other large American technology companies are using a Manhattan court case to draw a line in the cloud, saying the U.S. government has no right to seize computer data stored outside the country.