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Articles by Agence France-Presse
GM Commits $5 Billion to Opel
GM Commits $5 Billion to Opel
The investment will Opel and Vauxhall to return to improve Opel's market share in Europe, currently at just over 6%. It would also permit Opel to launch 23 new models and 13 new powertrain systems by 2016.
US Growth to Hit 3.2% in 2014 Says Obama Budget
US Growth to Hit 3.2% in 2014 Says Obama Budget
The $3.77 trillion proposed budget also assumes that unemployment will average 7.2% next year, down from the current 7.6%.
French Industrial Output Rebounds in February
French Industrial Output Rebounds in February
However the manufacturing sector showed a decline of 0.3%.
Oshkosh to Cut 900 Jobs in Defense Unit
Oshkosh to Cut 900 Jobs in Defense Unit
Company predicts a 30% drop in domestic military vehicle production in the coming months.
Boeing’s $1 Billion Expansion in South Carolina to Create 2000 Jobs
Boeing’s $1 Billion Expansion in South Carolina to Create 2000 Jobs
Company said investment is to prepare for ‘unprecedented demand for commercial airplanes -- including a forecast of another 34,000 airplanes required over the next 20 years.’
WTO Cuts 2013 Global Trade Growth Forecast to 3.3%
WTO Cuts 2013 Global Trade Growth Forecast to 3.3%
The announcement marked the second time that the WTO has reined in its figures for 2013, after initially estimating that world trade would expand 5.6%.
Google Logo
Microsoft, Oracle Take Google to Task at EU over Android Phones
Google was in the firing line again on Tuesday after a group of major companies, including Microsoft and Oracle, complained to the European Commission over Google's offerings for Android-powered mobile phones.
US Treasury Chief Urges Strong EU Countries to Spur Growth
US Treasury Chief Urges Strong EU Countries to Spur Growth
Stressing that the United States had an 'immense stake' in a prosperous Europe, U.S. Treasury Secretary Jacob Lew said that consumer demand was the driver of economic growth.
Turkish Airlines to Buy 95 More Planes From Boeing
Turkish Airlines to Buy 95 More Planes From Boeing
Financial details were not provided, but a Boeing official said that the firm order for 75 planes would cost $6.9 billion at catalogue prices.
GM Holden Blames Japan for Australian Woes
GM Holden Blames Japan for Australian Woes
GM Holden blames Japanese monetary policy for lagging car sales that have forced it to cut 500 jobs in Australia.
UK manufacturing
British Manufacturing Output Rebounds
February output increases 0.8% in the UK, enough to dampen speculation of the economy’s slide back into recession.
cybersecurity
US Lawmakers Offer Cybersecurity Olive Branch
Concern over new cyber threats brings the stalled Cyber Intelligence and Sharing Protection Act back for a vote -- but this time with key concessions to privacy and civil liberties activists.
BMW motorcycle
BMW to Manufacture Motorcycles with Indian Firm
German group says agreement with TVS Motor will help expand its product range ‘to tap into fresh growth potential.’
Kaesong Industrial Zone
North Korea to Pull Workers from Joint Industrial Zone
The announcement came amid reports of heightened activity at the North's nuclear test site, and at a missile battery, although the South Korean government denied suggestions that a fourth nuclear test was imminent.
ericsson flag IPTV
Ericsson to Buy Microsoft's Internet Television Unit
Deal will give Ericsson control of 25% of the Internet Protocol TV market, making it the leading provider of IPTV and multi-screen solutions.
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