Job slashing heightens global recession fears
Fears of more mass job cuts from the global economic crisis grew Friday as India warned half a million could be lost in its...
White House assails 'mindless' Congress on auto vote
The White House assailed Congress for putting off a vote on whether to bail out the struggling auto industry, blasting Democrats for their "mindless...
Japan's central bank warns of further risks
Japan's central bank warned Friday Asia's biggest economy may worsen, but it dampened hopes of further interest rate cuts to ease the recession, which...
No viable auto industry bailout plan
Democrats in Congress put off a vote on a bailout for crisis-hit "Big Three" auto makers until at least December, and ordered industry chiefs...
Paulson rules out aid to carmakers under rescue plan
US Treasury Secretary Henry Paulson on Wednesday ruled out the possibility of using part of the 700-billion-dollar rescue plan to help the struggling auto...
US automaker Ford asks German government for help
US automaker Ford has asked Berlin for aid but the government is divided on how to help Germany's key but troubled industrial sector. After General...
Troubled GM says it is profitable in China
Troubled General Motors said Wednesday that it was making money in China and was continuing its investments in the large Asian market. "We are continuing...
Financial crisis closes in on GM
The global financial crisis closed in on two more victims Tuesday after General Motors said it would need a government rescue and major US...
Obama, Bush discuss world of challenges
US president-elect Barack Obama met President George W. Bush for face-to-face talks at the White House, with help for the ailing US auto industry...
Golf sponsorship fears as auto giants struggle
The world of golf is heavily reliant on the world's top auto manufacturers for sponsorship and Phil Mickelson fears the USPGA Tour will be...
