China is rolling out a mini-stimulus to fight its economic slump but is moving cautiously after its massive response to the 2008 global crisis left a painful hangover of inflation and debt.
China's Cabinet said it has approved plans to promote development of seven emerging industries including clean energy as it tries to restructure the economy and boost growth.
RIM issued a dire warning about its business Tuesday, saying it is losing money for the second-consecutive quarter and will have to lay off a "significant" number of employees.
Recent signs that an economic slowdown is spreading beyond Europe to fast-growing countries like China has raised fears that U.S. companies could pull back on hiring as demand weakens for their products.
March quarter profits at India's Tata Motors more than doubled to $1.1B on strong demand for Jaguar Land Rover vehicles, particularly in China, the company said.
Pump and valve maker Colfax Corp. is buying welding products supplier Soldex SA from Inversiones Breca SA, giving it a larger foothold in South America.
Americans still love riding high above the ground in their vehicles but have been opting for smaller sport utility vehicles to save on gasoline costs.
Toyota is looking to emerging markets for growth, targeting 50 percent of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years.
The first Dodge Darts to come out of a revitalized Chrysler plant in Illinois were shipped off to dealers this week, setting the stage for what Marchionne called the automaker's "real battle" in the compact market.
Toyota said its cumulative sales of the Etios series surpassed 100,000 units in India, with the relatively low-priced vehicles gaining popularity in the major emerging market.
The number of people seeking unemployment benefits changed little last week, signaling modest job growth.
Chinese solar module maker Trina Solar Ltd. on Wednesday reported a loss for its fiscal first quarter as prices for modules fell.
Fitch said Eaton will take on around $5.1B in long-term debt as part of the acquisition, and it will assume $1.4B in outstanding debt held by Cooper.
Suntech Power Holdings Co. lost money in its first quarter as shipments and prices for its solar panels fell.
Ford never stopped using its logo or factories, but posted them as collateral in 2006 in order to get a $23.5 billion loan and avoid bankruptcy.
Shares of electric car maker Tesla Motors Inc. got a jolt Tuesday after the company announced that it would deliver its first lower-priced model in June.
The Japanese automaker is using the southern Chinese financial center to grab a bigger piece of the world's top car market.
Toyota Motor Corp. said Tuesday its global cumulative sales of hybrid electric-gasoline vehicles have topped 4 million units since its first model debuted in 1997.
Australian investments in Malaysia's manufacturing sector totaled $773M at the end of last year, sharply lower than $4.3B worth of Malaysian investments in Australia, officials said.
With the global solar power market saddled with oversupply from Chinese makers while demand shrinks in Europe amid the region's debt crisis, eyes have turned to India as one of the fastest growing new markets.
The average three-year effective tax rate through December 31, 2011 of industrial product companies was 26.3 percent, a 0.7 percent increase over the ETR in the prior year, according to a new study.
Shares of Caterpillar Inc. fell Thursday after the maker of heavy equipment reported slower growth in dealer sales.
The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market.
Japan's economy grew an at annual rate of 4.1 percent in the first quarter amid a gradual recovery from last year's catastrophic earthquake and tsunami.