The Dublin-based drugmaker Shire said Friday it has rejected an unsolicited $46.2 billion offer from AbbVie Inc., arguing that it fundamentally undervalues the company and its prospects.
Alstom SA's chief executive says the French heavy engineering firm's agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect France's national interests.
After decades of siphoning jobs from the United States, China is creating some. Chinese companies invested a record $14 billion in the United States last year.
Stable consumer-driven spending and a strong forecast for business investment bode well for the manufacturing sector, according to the Manufacturers Alliance for Productivity and Innovation.
At EDS 2014, Dale Ford, vice president of IHS Technology, offered some eye-opening predictions, particularly for the consumer electronics market, in his presentation, “The Big Picture, Ideas, and Opportunities.”
Microsoft Corp. and four other large American technology companies are using a Manhattan court case to draw a line in the cloud, saying the U.S. government has no right to seize computer data stored outside the country.
An angry mob of Indian workers wielding iron rods and stones beat the CEO of a jute factory to death in a dispute over increasing their working hours, police said Monday after arresting six workers.
Those who seek to make food healthier by adding chia powder should avoid several recalled brands that are linked to salmonella illnesses, the Centers for Disease Control and Prevention says.
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.
The global manufacturing scene has been getting a lot of press lately, as China’s production slows and the reshoring trend gives American workers hope. But with so many moving parts, what’s really happening?
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 1.06 billion-euro ($1.4 billion) fine against Intel, the American microchip manufacturer, for abusing its dominant position in the market for computer central processing units.
The Japanese manufacturers will make about 21 percent of the new plane's structural components, including fuselage sections and landing gear wells.
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.
The European Union'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.
Nissan Motor Co. said Tuesday it will launch a Datsun-brand hatchback in South Africa later this year.
China says its export growth accelerated in May but imports dipped in a mixed sign for the world's second-biggest economy.
Average effective tax rates (ETR) over the past three years have continued to edge upward for industrial products and automotive sectors, reflecting a modest rebound in the global business climate that is leading to increased profits at many companies.
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.
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.
Katy George, global co-leader of McKinsey & Company's manufacturing group, explains next-shoring and makes the argument that companies must view their manufacturing process as an ecosystem that needs to be optimized from the supply base to the consumer.
The new four door called the Ghibli has Italian flair, a Ferrari engine and a lower price tag than Maserati's other models that are all priced above $100,000.
U.S. productivity fell even more than previously thought in the January-March period while labor costs rose at a faster pace.
The U.S. trade deficit jumped to a two-year high in April, as sales of exports declined and imports surged to a record high.
A senior U.S. official said that Washington wants to expand economic ties with Asia, the world's fastest growing region, but warned that China's provocative conduct in the South China Sea raises tensions that are bad for business.