Industrials

The world's biggest drug makers have for years enjoyed rich premiums for their medicines in the U.S. market.

Caterpillar Inc said Thursday that a bid by the United Steelworkers Union to re-open contract talks on behalf of workers in Milwaukee who make mining machinery had not resulted in a breakthrough and that no new meetings between the two sides were scheduled.

Shares of the world's largest construction and mining equipment maker Caterpillar Inc look poised to rise as the economic recovery picks up, financial newspaper Barron's said on Sunday.

Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.

Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.

Nasdaq OMX Group Inc said on Thursday it had determined in conjunction with several exchanges to cancel a host of trades in West Pharmaceuticals Inc

Brazilian conglomerate Odebrecht plans to invest $20 billion globally over the next three years, mostly in Latin America and much of it in Peru, the company's chief executive said on Wednesday.

The pace of manufacturing growth slowed in April as the sector expanded only modestly, an industry report showed on Wednesday, adding to signs the economy cooled as the second quarter got underway.

Aquila Resources on Monday suffered a set back to its plans to raise capital via asset sales to help fund a A$7.

BHP Billiton has agreed to sell its Pinto Valley copper mine and a railroad in Arizona to Capstone Mining Corp for $650 million, the latest in a spate of asset sales by the top global miner as it tightens its belt in a weaker market.

United States Steel Corp has locked out all unionized employees at its Lake Erie works in Canada, the United Steelworkers union said on Sunday.

German carmaker Volkswagen will keep its plants in Europe despite weak markets in the region that will require flexible manufacturing and could entail cuts to temporary staff, Chief Executive Martin Winterkorn said.

German carmaker Volkswagen will keep its plants in Europe despite weak markets in the region that will require flexible manufacturing and could entail cuts to temporary staff, Chief Executive Martin Winterkorn said.

Tyremaker Pirelli plans to offset weakening demand in Europe for its premium tyres by shipping tyres produced in Europe to emerging markets, where demand is growing, said an industry source on Sunday.

General Electric agreed to pay $40 million to settle a lawsuit accusing it of misleading investors about its health during the 2008 financial crisis.

3M’s earnings missed Wall Street estimates, as the diversified manufacturer posted a 0.4% increase in profit and less-than-expected sales growth. 

Proxy advisory firm Glass Lewis said Timken Co shareholders should vote for a non-binding proposal to break up the company's ball-bearings and steel businesses.

An odd thing happened on Monday when Caterpillar Inc , the world's largest maker of earth-moving equipment, posted disappointing profits and cut its full-year forecast, blaming weakness in the mining industry it bet on so heavily in recent years.

In an effort to step up its presence in the growing solar inverters market, the automation technology group purchased the renewable energy firm.

General Electric reported a 16% rise in first-quarter earnings on Friday as it sold more equipment for oil and gas drilling and shed its stake in NBC Universal.