Building a much bigger plane was always a gamble for Airbus, but fresh delays are raising the stakes and could leave the planemaker a far smaller player in the global aerospace industry.
A court in India on Friday lifted a state ban on Coca-Cola and PepsiCo drinks, which had been imposed after an environmental group said they contained unsafe levels of pesticides.
Volkswagen and its German workers union are set to resume critical talks over planned wage cuts on Friday, overshadowed by a threat from its influential works council chief to break off the talks if no immediate progress is made.
U.S. consumer products giant Procter & Gamble Co. has suspended sales of its SK-II skincare line in mainland China, pending clarification from the quality watchdog over traces of possibly harmful metals.
Two months of talks between General Motors Corp., Renault SA and Nissan Motor Co. have resulted in little progress toward a possible alliance, according to the Wall Street Journal and Detroit News.
Global energy producer Royal Dutch Shell plc said on Thursday it purchased for cancellation of a million A shares at a price of 25.67 euros per share.
Two Japanese investors in Russia's Sakhalin-2 liquefied natural gas (LNG) project, are negotiating to sell part of their stake in the project to Russia's state-owned Gazprom, Japanese media reported Thursday. The companies have denied the report.
Consolidation in Europe's drugs sector gathered steam on Thursday as Germany's Merck unveiled a $13.3-billion deal to buy Europe's top biotech firm Serono, and Denmark's Nycomed won the drugs unit of Altana.
Boeing Co. announced new orders for 47 planes from unidentified buyers on Thursday, worth more than $4 billion overall, including 16 for its new carbon and titanium 787 Dreamliner.
Nokia announced today that it had reached an agreement with Microsoft to integrate Live Search capabilities into its Mobile Search platform.
Japan's three major three banks are accepting a larger volume of applications for unsecured business loans for small-to-medium enterprises (SMEs).
The U.S. Department of Homeland Security has awarded a multi-billion dollar contract to Boeing for border security work, the chairman of the Senate Homeland Security Committee said on Wednesday.
Germany drugmaker Merck KGaA unveiled a surprise 16.6-billion-Swiss franc ($13.3 billion) deal on Thursday to buy Swiss biotech firm Serono, creating a new force in European pharmaceuticals.
Lockheed Martin Corp.'s $276.5 billion F-35 Joint Strike Fighter program, the costliest U.S. arms acquisition project, may be set back by moves in Congress to slow initial production, a top company official said on Wednesday.
Nissan Motor Co Ltd will start selling light commercial vehicles in North America soon, aiming for a market share at least as great as taken by the Japanese group's passenger cars.
Ethanex Energy Inc., a renewable energy company, said on Wednesday it has formed an alliance with the Industrial Investment Council, an investment agency funded by the German government. The IIC will work with the energy company to establish bio-ethanol facilities in Germany.
Ford Motor Co. will offer three buyout programs to U.S. salaried workers in an effort to cut 10,000 white-collar jobs by end of first quarter 2007, a spokeswoman said on Wednesday.
Biomet Inc., an orthopedic medical specialist, reported on Wednesday an increase of 5 percent in its net sales for its first quarter which ended August 31.
Morgan Stanley on Wednesday said quarterly earnings rose on strong trading and merger activity, as the largest U.S. investment bank continued its turnaround from a tumultuous 2005.
An executive at Scania , object of an unsolicited bid from Germany's MAN, has rejected market speculation that Scania may be too small to remain independent and successful over the long term.
Production at Japanese auto makers' factories in Thailand was disrupted on Wednesday after the country's armed forces seized power in Bangkok, with Nissan Motor Co., Mazda Motor Corp. and others calling off work for the day.
Defense giant Boeing Co. has won a $2.1 billion contract to help the Department of Homeland Security beef up security along more than 7,500 miles of U.S. borders with Mexico and Canada, The Washington Post reported.
Honda's Chinese unit, Guangzhou Honda Automobile Co., and Guangzhou Automobile Group Co. of China began operation of their new factory on Tuesday.
The head of the India's state-owned Oil and Natural Gas Corp. (ONGC) said on Tuesday that the company was in talks with parties in Egypt, Qatar and Australia to import at least five million tons of Liquefied Natural Gas (LNG) annually.
Clothing label, Juicy Couture said on Monday it is expanding by distributing its products to Asian countries as part of a partnership with Lane Crawford Joyce Group, an Asian international brand group.
The Chicago Board of Trade, a large derivative exchanges board announced on Monday a deal with Reuters Group plc to provide access to CBOT markets via Reuters.
AT&T, the largest telecom company in the US, signed a multi-year teleconferencing service contract on Tuesday with Metavante, a banking and financial.
First Reserve Corporation, a private - equity firm specializing in the energy industry obtained on Tuesday a 50 percent interest in Blue Source LLC, a greenhouse gas (ghg) emission reducing firm.
A group of nine of the world's biggest investment banks said on Tuesday they planned to set up a new system for reporting share trades, bypassing the major European stock exchanges and ahead of new European securities regulations due to come into force later this year.
Elmo, the furry red toy doll known for laughing hysterically, has a new update. The newest model falls and laughs as it clutches its belly.
