Moody's shares slide on lawsuit worries
Shares in credit rating agency Moody's Corp slid 6 percent on Friday as it faces a possible federal fraud lawsuit over its pre-crisis debt ratings.
Showdown at Peugeot plant as strike splits workers
AULNAY-SOUS-BOIS, France (Reuters) - For workers on the assembly line at Peugeot's doomed Aulnay plant near Paris, starting their shift has become a daily test of nerves.
Toyota aims to boost U.S. sales by 6 percent in 2013
Toyota Motor Corp aims to sell 2.
Honeywell signs contract to supply avionics systems to Brazil's Embraer
Diversified U.S. manufacture Honeywell International Inc said on Monday that it signed a $2.
Sabic's Geleen chemical plant drops output as workers strike
KHOBAR, Saudi Arabia (Reuters) - A strike by workers at the SABIC Europe Chemicals Geleen plant in the Netherlands has lowered production, the company's Saudi Arabian owner said on Saturday, without specifying by how much.
Steel Dynamics to go ahead with vertical integration
Steel producer and metals recycler Steel Dynamics INC.
Analysis: China upturn underscores need to rebalance economy
China's recovery from its longest slowdown in growth since the global financial crisis is being driven by the two forces posing the biggest risks to the economy's increasingly urgent need to rebalance - investment and property.
South Africa's Amplats to shed mines and 14,000 jobs
Anglo American Platinum , the world's top platinum producer, said it will mothball two South African mines, sell another and cut 14,000 jobs in moves to restore profits that may provoke a repeat of last year's strikes when about 50 people died.
Manufacturing problem likely caused F-35B engine failure: sources
Pentagon and industry investigators have pinpointed a manufacturing quality problem as the most likely cause of an engine failure that led to the grounding of the Marine Corps version of the Lockheed Martin Corp F-35 fighter jet, sources familiar with the investigation told Reuters.
Toyota wins back world's top auto sales crown from GM
Toyota Motor Corp regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen .
Bombardier shares fall as rival Embraer scoops big US jet order
Shares in Bombardier Inc fell on Thursday on news that rival planemaker Embraer had landed a large order to supply regional jets in the U.S. market, traditionally a strong market for Bombardier.
Pentagon, industry seek answers on issue that grounded F-35B
Pentagon and industry officials worked through the weekend to determine what caused the failure of a fuel line on the Marine Corps version of Lockheed Martin Corp's s F-35 fighter jet that prompted the plane's grounding on Friday.
Bumi says Indonesia probe fails to prove misconduct
London-listed coal miner Bumi Plc said an independent probe had not been able to prove misuse of funds at its Indonesian units, as documentary evidence had been obtained illegally and key witnesses had refused to cooperate.
China says top 10 steel mills to control 60 percent of capacity by 2015
China, the world's largest steel producer, aims to bring around 60 percent of total steel capacity under the control of its top 10 steel mills by 2015 as part of a wide-ranging plan to restructure its industries.
China steel demand seen rising 3.1 percent in 2013: CISA
Chinese steel demand is expected to rise by 3.
Emergency meeting ends strike at Italy's troubled ILVA plant
Italian metal workers called off a strike at Europe's biggest steel plant on Saturday after an emergency meeting between government, unions and company management to save the ILVA factory from closure.
Caterpillar says uncovers accounting misconduct at Siwei
Caterpillar Inc on Friday said it had uncovered a "deliberate, multi-year, coordinated accounting misconduct" at a subsidiary of a Chinese company it recently acquired.
Thyssen chairman admits to mistakes but won't quit
ThyssenKrupp AG Chairman Gerhard Cromme admitted on Friday to making mistakes that contributed to massive losses at the German steelmaker, but didn't bow to pressure from some shareholders to step down.
Factbox: Batteries blamed in Boeing 787 grounding are widely used
Lithium-ion batteries similar to those that prompted the Federal Aviation Administration to ground Boeing Co's new 787 airliner on Wednesday are also used on satellites and the U.S. military's new F-35 Joint Strike Fighter.
EU's China ambassador says no trade war with Beijing
The European Union will not be drawn into a trade war with China, the EU's ambassador to the country said on Wednesday, a day after trade sources said the European Commission found that Beijing illegally subsidizes Chinese steel producers.