European Union asked France to explain the decision of car maker Renault SA to move excess production from its Slovenia plant to France.
Finance Ministry said Friday that Germany's economy shows no signs of picking up anytime soon and unemployment will likely jump as growth slows.
European Union presidency says EU nations have agreed to double funds meant to bail out struggling member states to $68 billion.
Bondholders of General Motors are appealing to both the government and the automaker for more flexibility as they try to reduce GM's massive amount of unsecured debt.
Head of the Organization for Economic Cooperation and Development endorsed China's appeal for more say in global finance bodies ahead of a summit of world leaders.
Food industry's private inspection system failed to catch filthy conditions at a peanut plant linked to a nationwide salmonella outbreak because the company itself hired the inspectors.
Cost of raw materials and energy for German manufacturers rose 0.9 percent from a year earlier, largely due to a natural gas price increase, the Federal Statistical Office said.
European steel makers said Friday that one in six workers have lost their jobs or are working shorter hours as demand for steel has collapsed.
Industrial activity in the Eurozone plunged 3.5 percent in January, as the economic crisis caused manufacturers to shut down plants, cut work hours, and delay investments.
Treasury Department, trying to stabilize the battered auto industry, will provide up to $5 billion in financing to troubled auto parts suppliers linked to Detroit's carmakers.
State of Saxony is mulling a 25 percent stake in bankrupt computer chipmaker Quimonda AG in order to have a voice in future company decisions.
Despite a 5 percent overall decline, the Environmental Protection Agency says more mercury, dioxin and polychlorinated biphenyls entered the environment.
EU rejected calls for more government spending to help dig out of the recession despite nationwide strikes in France and gloomy unemployment figures in Britain.
In a sign of just how pervasive job losses have become, Labor Department said unemployment rose earlier this year in all but one of the 372 metropolitan areas it tracks.
Dealers principally agreed to pay $203 for every sold car into a fund for the next three years, through which the dealers would own a stake of GM’s German subsidiary.
Sweden's unemployment rate rose to 8 percent in February from 7.3 percent the month before, with jobs slashed mostly in manufacturing and construction, the national statistics agency said.
Labor Department said Thursday that initial requests for unemployment insurance dropped to a seasonally adjusted 646,000 from previous week's revised figure of 658,000.
Thousands of protesters from public and private sectors demanded President Sarkozy open new talks on the government's policies to fight the deepening economic crisis.
Industry's self-policing system failed to catch filthy conditions at a peanut processing plant blamed for a nationwide salmonella outbreak, lawmakers said Thursday.
Annual inflation rate rose to 1.4 percent in February, reversing a recent trend toward lower costs for most items consumed by Canadians.
Regulators cited concern merger would hurt competition and raise prices, but industry analysts said Beijing wanted to keep a leading homegrown brand out of foreign hands.
Chancellor Angela Merkel stood firm against calls for further pledges to stimulate Germany's economy, saying nearly $105 billion pledged by the government so far must first take effect.
Thousands of factories are idle or haven't even bothered to open since the Lunar New Year holiday ended in late January, which usually marks the start of the busy season.
Panel of Asian researchers said the global financial crisis underlined the critical need for the region to grow less export-dependent and foster domestic demand.
Several parts suppliers have been forced to shut down operations in the last few months as the weak economy cuts into demand for new vehicles and the parts that go into them.