Tyson Foods Inc, the largest U.S. meat producer, said on Wednesday its chicken business has softened since early August, while its beef and pork businesses are doing well.
Germany's government would expect General Motors to repay a 1.5 billion euro ($2.2 billion) state loan if the carmaker calls off the sale of its Opel unit following a board meeting on Wednesday, German Finance Minister Peer Steinbrueck said.
The U.S. government should consider a trust for its stake in General Motors Co and Chrysler to ensure independent oversight and facilitate an exit strategy, a congressional watchdog found on Wednesday.
Ford Motor Co (F.N) started production at its Romanian plant in the southwestern city of Craiova on Tuesday, seeking to sell its Transit Connect van in Romania and eastern European markets, officials said.
German renewable energy company LichtBlick on Wednesday said it has teamed up with carmaker Volkswagen to bring miniature power stations for home use to the market in the spring of 2010.
Germany's government would expect General Motors [GM.UL] to repay a 1.5 billion euro ($2.2 billion) state loan if the carmaker calls off the sale of its Opel unit following a board meeting on Wednesday, German Finance Minister Peer Steinbrueck said.
Chinese automaker FAW is set to help finance luxury sportscar maker Koenigsegg's planned purchase of Saab Automobile GM.UL, a Swedish newspaper reported on Wednesday without disclosing its sources.
China's largest automaker SAIC Motor group (600104.SS) may take a passive stake in Saab Automobile [GM.UL] by teaming with luxury sportscar maker Koenigsegg, a source with knowledge of the situation said on Tuesday.
Cost cutting talks between Ford Motor Co (F.N) and the Canadian Auto Workers began on Tuesday, the union said, adding that a key condition to reaching a new agreement would be a commitment by Ford to maintain its current manufacturing presence in Canada.
General Motors Co GM.UL Chief Financial Officer Ray Young is expected to leave the automaker as part of a shake-up of its finance operations, the Detroit News reported on Wednesday.
China has eliminated additional charges on imported auto parts, starting Sept 1 this year, the top planning body said on Wednesday, ending a two-year dispute with the World Trade Organization.
The Obama administration should consider a trust for its stake in U.S. auto companies to ensure rigorous independent management and facilitate a way out for taxpayers, a government watchdog found on Wednesday.
State-run Beijing Automotive Industry Holdings will take a minority stake in Koenigsegg as part of the Swedish luxury carmaker's purchase of General Motors' Saab unit, in the latest push by a Chinese auto firm to secure a global footprint.
Hyundai Motor Co (005380.KS), South Korea's top automaker, and its China partner will start building their third plant in China early next year as its sales in the fastest growing major auto market may soon outpace existing capacity, an company executive said on Wednesday.
The New York City penthouse where imprisoned fraudster Bernard Madoff spent his last few days of freedom with his wife Ruth is set to go on sale later this week, according to the U.S. Marshals Service
China's Geely Automotive (0175.HK) said its parent company plans to bid for all of Ford Motor Co's (F.N) Volvo Car Corp, becoming the latest Chinese automaker to chase a foreign marque in a global industry shakeup.
Private equity firm Blackstone Group has hired JPMorgan media banker Peter Cohen as head of its global media advisory practice, it said on Wednesday.
Ice Edge Holdings, a group of U.S. and Canadian businessmen, has dropped out of the auction set to start later this week for the National Hockey League's Phoenix Coyotes, leaving Canadian billionaire James Balsillie and the NHL as the only bidders for the bankrupt team.
British bank Barclays, which snapped up Lehman Brothers' U.S. business a year ago, aims to be a consistent top-five player in U.S. equities and says it is not done with expanding there.
Lawyers in a $586 million settlement of IPO litigation stemming from the demise of the Internet stocks bubble want to be paid $245 million, nearly three times the average for such large settlements, according to court papers filed on Tuesday.
Brazilian technology services provider Tivit and stockholders filed on Wednesday to sell up to 785 million reais ($430 million) in an initial public offering, the company's third attempt to go public.
Swiss bank Julius Baer started moves to list its U.S. asset management arm Artio in New York, cashing in on higher equities markets to provide a timely boost for its acquisition war chest.
Germany expects General Motors to pay back a 1.5 billion euro loan made to help Opel if GM keeps its European unit, Finance Minister Peer Steinbrueck was quoted as saying in a newspaper interview published on Wednesday.
Hi-Tech Pharmacal Co Inc posted an almost six-fold jump in quarterly profit, boosted by strong generic sales, sending its shares up 19 percent in pre-market trade.
Even after a news conference gave out names of the buyers planning to purchase a 46 percent stake in Kuwaiti telecom Zain, questions still surround the $13.7 billion deal.
U.S. investment fund Lone Star LS.UL has been unable to get the green light from creditors for its planned acquisition of a failed Japanese real estate investment trust (REIT), the second time the deal has been blocked, rival bidder BLife Investment said.
China National Petroleum Corp (CNPC), parent of Asia's largest oil and gas producer PetroChina, said it secured a $30 billion state loan to fund overseas expansion, as Beijing seeks to secure resources for the world's fastest-growing major economy.
Vivendi is offering 2 billion euros ($2.9 billion) for Brazilian telecom operator GVT in a move that puts it head-to-head with Telefonica in Latin America's biggest market and could spark a counterbid.
Kraft Foods Inc plans to cut its supplier base in half, a move that would affect more than 30,000 companies, as the largest North American food maker looks to save more than $300 million a year.
Trim shrubs and trees in the front yard; a homebuyer should be able to see your home's architectural features (such as that beautiful picture window). Tidy up your yard; put away hoses, trash cans, etc.
