MANUFACTURING

Peugeot Citroen Might Build Cars In India With General Motors

Employees of French carmaker PSA Peugeot Citroen work on the new engine "EB" assembly line at the company engines factory in Tremery near Metz
PSA Peugeot Citroen may build cars in India with General Motors its new partner, said Gregoire Olivier, Peugeot's head of Asian operations, according to a Reuters report. The move would effectively discard its planned $850 million investment in its own manufacturing facility in India, Reuters report said.
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Asian Stocks Gain Ahead Of Fed Meeting; Nikkei Lags

Asian stock markets pared earlier losses and ended with gains Tuesday as investors turned their attention on the Federal Open Market Committee (FOMC) meeting, which kicks off today, for any hints at monetary easing.
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Lamborghini SUV: 'Urus' Specs, Price Revealed At Beijing Auto Show [VIDEO]

Lamborghini officially unveiled their first sports utility vehicle (SUV) in almost 20 years at the Beijing Auto Show this monday. The impressive new model, which appeared on the trade show floor with a Chinese Red paint job impressively wed Lamborghini's carefully cultivated style with the trappings of an SUV. The car is expected to be available for consumers in three to four years. Check out video and photos of the new Lamborghini SUV here.
FDA Seeks Additional Regulations In Nanotech

FDA Drafts Additional Safety Tests For Nanotech

U.S. health regulators said consumer products that use nanotechnology may have unknown effects on the human body, and advised food and cosmetic companies to further study the safety of these tiny particles.
A Markit PMI survey indicated that the euro zone was continuing its plunge into a double dip recession, Monday.

Euro Zone Recession Deepens: Markit Eurozone PMI Report

The euro zone's economic decline accelerated in April, plunging the economic region deeper into recession, as the Markit Eurozone PMI Composite Output Index tumbled to its lowest level in five months, according to a Markit Flash Eurozone PMI report Monday.
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China Factory Activity Stabilizing: HSBC Flash PMI

China's factories posted their best performance this year as a measure of new business rose from multi-month lows, a private sector purchasing managers survey showed on Monday, though overall activity still contracted for a sixth successive month.

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