China's exports fell 17.5 percent in January amid collapsing global demand and imports plunged 43 percent, adding pressure on Beijing to boost the slumping economy.
President of Peanut Corp. of America subpoenaed for a hearing as the investigation starts to zero in on who is responsible for the nationwide salmonella outbreak.
Germany’s Federal Statistical Office said its consumer price index rose only 0.9 percent in January compared to last year, and that the index has steadily fallen since August 2008.
President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations.
Even in its weakened shape, GM has 'prioritized all the resources we need to meet fuel economy' standards set to rise during the next decade, CEO Rick Wagoner said.
Health officials in Texas say lab tests show there may have been salmonella at a shuttered Texas plant operated by the peanut company linked to a national outbreak.
Inspections performed by states can be plagued by stagnant budgets and overburdened officials that are trained less than federal counterparts and perform skimpier reviews.
Peanut Corp. of America said it was voluntarily suspending operations at its Texas plant while health officials complete an investigation into procedures and food safety records there.
Commerce Department says wholesale inventories fell 1.4 percent, nearly double analysts' expectations of 0.8 percent and the largest amount in 16 years.
European Union is concerned that a French government bailout for local carmakers Renault SA and PSA Peugeot-Citroen undermines competition across the 27-nation block.
President Obama says ‘if we get things right,’ he's hoping to start seeing ‘significant improvement’ in the economy starting in 2010.
About 1,000 steel workers from across Europe are demonstrating through the Belgian capital to demand more labor protection in times of economic recession.
Federal agents executed search warrants at the Peanut Corp. of America plant in Blakely, Ga., and its headquarters in Lynchburg, Va., after a nationwide salmonella outbreak.
Inflation fell to 1 percent in January, giving Beijing more leeway to carry out a massive economic stimulus plan without igniting new price rises.
Approved foreign investment in Malaysia's manufacturing sector defied expectations to rise to a record $12.8 billion last year, up 38 percent from 2007.
Key Senate committee is scheduled to vote on what's likely a first-in-the-nation proposal to require food manufacturers to share internal reports with investigators.
Industry must manage exploration and production amid the worst global recession in a generation, while President Obama looks to reduce America's dependence on fossil fuels.
Federal Statistical Office said Monday that German exports rose 2.8 percent in 2008 from the previous year, despite a sharp drop in December as the global economic crisis deepened.
Japanese machinery orders, a barometer of corporate spending, fell a less-than-expected 1.7 percent in December from November, figures showed Monday.
Britain's recession could be deeper and last longer than expected despite economic rescue plans, the country's financial regulator warned Monday.
Government said Monday its economy will grow 7.1 percent this fiscal year, down from 9.0 percent last year, marking what could be the slowest India has grown since 2003.
Newspaper reports say loans will last five years and include conditions such as halting layoffs and suspending factory closures in France over the duration of the loans.
Beijing to avoid 'Buy China' measures in its stimulus plan, rejecting protectionist limits like those contemplated by Washington that prompted an outcry by U.S. trading partners.
Ball bearing and car parts maker said it still needs financial help from the government to see it through 'massive difficulties' since its takeover Continental AG.
President decried as ‘inexcusable and irresponsible’ the delay of economic recovery legislation with an estimated 3.6 million Americans losing their jobs since the recession began.