More in Global Economy

Deal will give Ericsson control of 25% of the Internet Protocol TV market, making it the leading provider of IPTV and multi-screen solutions....More

Payout settles complaints of the company’s handling of safety issues linked to floor mats and ‘sticky’ gas pedal issues....More

The closure of 149 air traffic control towers across the country will be delayed by 2-1/2 months....More

Boeing plans to conduct a final 787 Dreamliner test flight to assess its proposed battery fix today....More

The U.S. trade deficit fell to $43 billion in February, supported by increasing domestic shale oil production that is driving down petroleum imports, the U.S. Commerce Department reported today. Exports totaled $186 billion in February, up from $184.4 billion in January. Imports rose slightly to $228.9 billion, a gain of only $0.1 billion from January. The smaller trade gap surprised analysts who had expected it to grow to $44.6 billion on the strength of a higher import total....More

India's negotiations with France's Dassault Aviation on a $12-billion deal for Rafale fighter jets have stalled due to disagreements over the production of the planes in India....More

Boeing trailed Airbus in jetliner orders and deliveries in the first three months of the year....More

It is amazing how quickly people's view of the economy can change. By some accounts, we have gone from plunging off the fiscal cliff at the beginning of the year to now scaling the dizzying heights of the stock market....More

Arkansas Attorney General Dustin McDaniel instructs the oil giant to preserve all documents related to the spill and ongoing cleanup in anticipation of 'future litigation.'...More

Survey shows Google-powered smartphones now account for 51.2% of U.S. sales, pushing Apple down to a distant second-place standing....More

The downturn in the 17-nation eurozone's manufacturing sector deepened sharply in March, with even powerhouse economy Germany dragged down, a key survey showed Tuesday....More