Beijing's quality watchdog said it has banned certain models of cars by French automaker Renault SA after finding 'severe safety problems.'
Commerce Department said Wednesday that the trade deficit rose for a second straight month in April, climbing 2.2 percent to $29.2 billion.
President Barack Obama's auto task force on Wednesday to answer senators' questions about the use of taxpayer money to bail out General Motors and Chrysler.
Trade association officials say more guarantees are essential for ailing parts suppliers who are facing revenue shortfalls as auto plants are idled or closed.
New target for the reduction of greenhouse gas emissions will require huge capital investments, including construction of new nuclear and wind power plants.
Bill aims to boost new auto sales by allowing consumers to turn in their gas-guzzling cars and trucks for vouchers worth up to $4,500 toward more fuel-efficient vehicles.
Sharp increase in car production helped Britain's industrial sector grow in April, though France and Sweden continued to reel from the slump in global trade, official figures showed.
Supreme Court's decision to delay the sale while it studies an appeal now threatens to derail Chrysler's restructuring plans.
Lawmakers want to be active partners in rescue oversight regardless of Obama's vow to mostly let managers manage, even wanting a say in specific plant-closing decisions.
Under a House proposal, consumers could receive rebates of up to $4,500 for turning in their gas-guzzling cars and trucks for more fuel-efficient vehicle.
Commerce Department said wholesale inventories fell 1.4 percent, more than the 1.1 percent decline economists expected and marking eighth straight monthly decline.
Russian regulators are expanding bans on pork and other meat imports to 3 more U.S. states, citing swine flu fears.
U.S. firms allege Chinese companies have sold fabricated steel products at prices below the cost of production, hurting the domestic industry.
Italian automaker said Tuesday it will not turn its back on a deal to acquire a controlling stake in Chrysler despite a U.S. Supreme Court stay on the sale.
Europe's largest economy saw its exports plunge nearly 30 percent in April as the global economic crisis continued to hurt demand for its products.
European steel makers called for antitrust regulators to probe a joint mining project between world's No. 2 and No. 3 iron ore miners BHP Billiton and Rio Tinto.
Licenser of semiconductor technology filed a complaint with ITC in November, saying Nvidia had violated patents on graphics processors and other related chips.
U.S. government officials are asking Supreme Court to allow sale of most of Chrysler's assets to a group led by Italy's Fiat without further delay.
Texas subsidiary of the company at the heart of this year's salmonella outbreak has filed for bankruptcy.
Committee plans to question two members of the White House's auto task force about using taxpayer money to restructure General Motors and Chrysler.
President Obama now promises an accelerated pace of federal spending over the next few months to boost the economy and produce jobs.
Japanese economy is expected to show an expansion of 1.6 percent in the April-June period, marking the first increase in gross domestic product in five quarters.
Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an appeal in hopes of getting a better deal.
China announced more tax rebates on exports of machinery, toys and some 600 other types of goods Monday in an effort to boost slumping foreign sales.