Automaker dismissed reports that it had decided on how much assistance it would seek from the British government or that it had already made its aid appeal.
Beijing promised to ‘dramatically increase’ spending to boost exports, create jobs and counter the impact of the global slowdown that has thrown at least 20 million out of work.
Court rejected Wyeth Pharmaceuticals' claim that federal approval of its anti-nausea drug should have shielded the company from lawsuits filed by consumers.
Federal Reserve's new snapshot of business activity nationwide showed the economic picture darkening over the last two months and revealed little hope for a quick turnaround.
Despite massive layoffs at U.S. Steel Canada, lawmaker says he's been reassured workers will get their pensions and that the company will pay back government loans.
Different products were involved in multiple safety crises recently, but they all shared some of the same FDA shortcomings: inspections, legal authority and technology.
Biggest barrier to growing the renewable energy industry to revive Michigan’s flagging economy is banks that refuse to lend money, said Gov. Jennifer Granholm.
February survey showed 19 percent of respondents believed economic conditions would be better in six months, while 43 percent expected the situation to be worse.
Seven government officials in China have been punished after an industrial chemical leak contaminated an eastern city's tap water supply, the local government said.
Government has accused data storage maker of paying kickbacks to partners on government contracts, a charge the company said it intends to defend itself against ‘vigorously.’
European unit of GM is negotiating with Spain, Britain and other European governments beyond Germany to get the $4.2 billion they say they need to keep operating.
Automaker's financing unit in talks with a Japanese government-backed bank about a $2 billion loan, underlining the serious woes facing the car industry.
Hundreds of families affected by a tainted milk scandal plan to file lawsuits against the dairy companies involved after a top justice official said courts will accept the cases.
Automaker says European Commission will likely overturn Germany’s plans to allow Volkswagen's second-biggest shareholder, the state of Lower Saxony, to block important decisions.
New government bonus for people who scrap aging cars and buy new ones helped give a powerful boost to car sales -- up 21 percent -- in Germany last month.
Major U.S. business group said Tuesday an annual survey of its members shows that companies plan to invest 40 percent less this year in southern China.
Country’s exports fell 36 percent in January from a year ago, down to $7.15 billion from $11.19 billion, with the biggest drops in shipments of coal, manufactured goods and electronics.
Chinese companies have been stepping up investments abroad despite global financial turmoil and have signed a flurry of foreign energy and resource deals.
Governments should resist the temptation to shield economies from competition during the global financial crisis because that will only make it worse, an OECD report said.
Tipton County is demanding Chrysler return $5.5 million in county-issued bonds and repay at least $4.5 million set aside for a plant that a Chrysler supplier stopped building last year.
City in eastern China that had its tap water contaminated by an industrial chemical leak will shut down more than 30 chemical plants, state media reported.
When he visits Washington, British Prime Minister will urge lawmakers to abandon protectionism even though it could hurt American workers in the midst of a recession.
Economy minister met with the bosses of Adam Opel to discuss General Motors' request for $4.2 billion in aid.
Commerce Department said Monday that consumer spending rose 0.6 percent in January, even better than the 0.4 percent gain that economists expected.