Industrials

Caterpillar Inc, the world's largest maker of tractors and excavators, slashed its 2012 forecast for the second time this year and warned the global economy was slowing faster than it had expected.

Renault and Nissan plan to step up cooperation and double annual savings from their carmaking alliance to 4 billion euros ($5.

Renault and Nissan will pool more operations and seek a more stable structure for their carmaking alliance, sources said, to compete with Volkswagen on scale and prepare for Chief Executive Carlos Ghosn's eventual succession.

South Korean carmaker Ssangyong Motor Co Ltd wants to make India its second largest export market, by taking advantage of parent company Mahindra and Mahindra Ltd's dominance of the country's booming SUV sector.

The European Commission said on Thursday it has asked the World Trade Organization to set up a panel to look into what Brussels sees as the United States' refusal to stop subsidies to planemaker Boeing in the world's largest trade dispute.

German industrial output edged down in August due to a weaker construction sector, Economy Ministry data showed on Monday, suggesting that Europe's largest economy is weathering the euro zone crisis relatively well.

British Defense Minister Philip Hammond said on Wednesday a decision on a proposed merger between EADS and BAE was in the companies hands and that the government was awaiting their verdict.

Daimler's commercial vehicles business plans to invest about $170 million over the next two to three years in its plant in Buenos Aires, Argentina.

Fiat Industrial said on Friday it had not yet received a response from the Special Committee of the board of CNH Global N.

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Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years.

Tighter military budgets in the United States and Europe reduced the revenues of top weapons makers by one percent in the first half of the year and are likely to continue to depress sales in the full year, a new study by Deloitte LLC showed.

Wall Street ended little changed in a volatile session on Tuesday as uncertainty over when Spain might apply for a bailout shackled a market struggling to build on gains that took the S&P 500 to its highest in nearly five years.

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Glencore has formally notified the European Commission of its $33 billion plan to take over Xstrata , sources familiar with the matter told Reuters on Tuesday, setting the European regulatory clock ticking on the deal.

U.S. stocks fell on Tuesday after opening higher as uncertainty surrounded Spain's financial bailout and investors worried about disappointing third-quarter U.S. earnings.

Glencore has formally notified the European Commission of its $33 billion plan to take over Xstrata , sources familiar with the matter told Reuters on Tuesday, setting the European regulatory clock ticking on the deal.

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Car rental company Dollar Thrifty reached the conclusion of its “go-shop” period late Wednesday night without finding another suitor, paving the way for shareholders to vote on the $2.6 billion buyout bid from larger rival Hertz.

Unlike many beleaguered constituents of Japan Inc, Toshiba Corp, has reason to cheer ballooning sales at Apple - millions of the iPhones it sells are loaded with NAND flash memory made by Japan's last big chip maker.