U.S. medical device manufacturer Medtronic announced Sunday night that it has agreed to buy Ireland-based competitor Covidien for $42.9 billion in cash and stock.
Australian Transport Minister Warren Truss declined to say Friday whether the country was even considering an even split of the bill for a search that will take months, if not years, and cost tens of millions of dollars at a minimum.
China's government announced plans Friday to build up a handful of large producers of infant formula in its latest effort to revive an industry that is reeling from a scandal over tainted milk.
At least six people were killed and 29 more injured in an explosion and a subsequent gas pipeline leak on Thursday at a government-run steel plant in central India, a plant spokesman said.
A European Union court on Thursday upheld a $1.4 billion fine against the American microchip manufacturer for abusing its dominant position in the market for computer central processing units.
The research aims to develop faster submarines with reduced water resistance and quieter propellers, Japanese defense officials said earlier this week. But the joint research will not necessarily lead to the sale of Japanese submarines to Australia.
Boeing inked a deal Thursday for five Japanese companies to manufacture key components for its twin aisle 777X jets but the contract doesn't include making the wings, which were a source of delays for the 787 Dreamliner.
About 63 percent of women in the non-agricultural labor force are self-employed in the informal sector in Africa, more than twice the worldwide rate, according to World Bank data, which also shows that necessity is the main driving force behind female entrepreneurship in poor countries.
Internet entrepreneurs have received a new home in Berlin with the opening of the "Factory" — a workspace developed in partnership with Google Inc. that allows startups to innovate and collaborate under one roof.
The EU's antitrust regulator has launched an investigation into tax deals that Apple, Starbucks and Fiat struck with some European countries, the start of a wider push to keep multinationals from taking advantage of loopholes.
Japan's Mitsubishi Heavy Industries and German rival Siemens AG say they are considering making a joint bid for parts of French engineering firm Alstom.
Toyota Motor Corp. is recalling nearly 650,000 vehicles in Japan and repeating a recall for problems with front passenger air bag inflators announced last year, seeking to fix some 2.27 million vehicles.
Sales in the world's biggest auto market accelerated in May but domestic Chinese brands lagged and their market share shrank, an industry group reported Tuesday.
The illustrations, which could include pictures of cancerous lungs and throats, will occupy the lower half of the front and back panels of a cigarette pack. The current warning contains only words, saying that smoking is dangerous.
The five-seat GO hatchback is designed for first-time middle-income buyers, selling for some $9,300 or less. The vehicle will be exported from India.
A fire damaged a petrochemical plant in eastern Thailand on Monday, sending smoke billowing for kilometers (miles) and forcing nearby residents to flee their homes.
China says its export growth accelerated in May but imports dipped in a mixed sign for the world's second-biggest economy.
A Chinese environmental group launched a smartphone app that tracks and shames polluting factories, highlighting how the country is making environmental data more available and is welcoming public monitoring of companies that pollute.
Fabled luxury car maker Rolls-Royce will soon be marketing its goods in one of the world's poorest countries.
Check out some of this week's top headlines from across Manufacturing.net, from the GM recall report that blames incompetence and negligence for the recall that led to 13 deaths to an indictment for a gun dealer and Glock executives over $1 million in bribes and kickbacks.
Germany's foreign intelligence agency officially lifted the lid on some of its worst-kept secrets Friday, acknowledging that half a dozen facilities around the country are in fact spy stations — as anyone with Internet access could already figure out.
A huge explosion rocked Kosovo's main power plant Friday, killing at least three people and injuring more than a dozen, a government official told The Associated Press Friday.
The U.S. Justice Department says a grand jury has indicted a former executive at a Japanese auto parts maker on accusations that he helped fix the prices of seatbelts sold to leading Japanese automakers.
German factory orders rebounded in April, rising by a stronger-than-expected 3.1 percent compared with the previous month with help from a surge in demand from other countries in the eurozone.