US conglomerate GE said it agreed to buy Britain's oilfield-services company Wellstream Holdings Plc for 800 million pounds ($1.3 billion) to broaden its base in fast-growing emerging markets.
Ford Motors will debut its midsized compact car at the Detroit auto show in January.
Precious metals fell across the board in the week to December 10 as a cooling China weighed on demand hopes but the yellow metal remained better alternative in the group amid lingering worries over the euro-zone debt and dollar's ability to play safe-haven.
The Indian unit of Japan based leading car maker Nissan Motors has launched the diesel variant of its compact hatchback Micra in the Indian market. The new model has been put in the price bracket of Rs 5.59 lakh to Rs 6.05 lakh (ex-showroom Delhi).
Chronology: Key events that highlight Apple's march this year
Rodman and Renshaw initiated coverage of Ballantyne Strong, a maker of theatre and lighting systems, with a 'market outperform' rating, saying the shift of motion picture industry to digital bodes well for the company.
Ford Motors will invest $600 million to transform its Louisville Assembly Plant into a state-of-the-art facility to build the Escape and create 1,800 new jobs, the carmaker said in a statement.
China on Thursday expressed its support for Russia’s bid to become a member of the World Trade Organization (WTO).
UK’s trade deficit widened in October due to a sharp increase in imports, the Office for National Statistics said on Thursday.
With the end of the 111th Congress fast approaching and both the Senate and the House of Representatives scrambling to get major legislation passed before Dec. 31, many industries and organizations are pressuring lawmakers not to forget their needs.
In a conference on Wednesday in mid-town Manhattan, The Korea Trade-Investment Promotion Agency (KOTRA) presented reasons why South Korea makes for an attractive investment candidate for foreigners.
Domestic monetary policy, monetary policy abroad, wages, and the cost of essential commodities all point to higher inflation in China, according to virtually every single school of economic thought.
UK factory orders continued to rise in December and the manufacturers expect the output growth to be robust in the next three months due to strengthening demand at home and abroad.
China was the subject of most number of anti-dumping investigations in the first half of the year, and products exported from China attracted the highest number of anti-dumping measures by other countries, the World Trade Organization (WTO) has said in a report.
The electric propulsion system of Nissan's all-electric car Leaf has been named among the 10 best engines for 2011 by Ward's AutoWorld magazine.
A French court on Monday ruled that debris from a Continental Airlines plane had caused the tragedy that killed 113 people outside Paris 10 years ago while holding Continental Airlines and one of its mechanics guilty of involuntary homicide.
GBP/USD has broken above the 1.5786 weak resistance (100-day SMA) and is heading towards the key 1.5838 medium-term resistance, as predicted by IBT FX on Monday. The level is also suggested by the upper Bollinger band on 4-hour chart.
Emerging East Asian economies will grow more than forecast this year but growth will slow in the region next year, the Asian Development Bank (ADB) said on Tuesday.
Industrial production dropped unexpectedly in October, but manufacturing output rose during the month, boosted by machinery and equipment industries, the Office for National Statistics said.
The United States is expected to see weak employment prospects though employers expect the modest hiring pace to continue in the first three months of the year, a survey reported.
Wikileaks revealed that Li Keqiang, a senior Chinese politician with many economic-related duties, doubts the country's economic data.
The global economic recovery is being led by large metropolitan cities accounting for about half of the global gross domestic product (GDP), said a report.
