Capital Goods Sector
Mar 21, 2013 12:35 EDT
The New York Stock Exchange said Thursday it was reviewing the listing of Suntech Power Holding Co.'s US-traded shares after the giant solar-panel maker's main China unit moved into bankruptcy reorganization.
Mar 20, 2013 10:18 EDT
China's Suntech reached its zenith as the world's largest solar panel producer, but has plunged to the nadir of financial distress in just a year, highlighting the woes of the industry it shaped.
Mar 20, 2013 07:33 EDT
China's Suntech, one of the world's biggest producers of solar panels, declared itself bankrupt on Wednesday, the official Xinhua news agency said.
Mar 18, 2013 11:17 EDT
Chinese solar panel giant Suntech Power announced Monday that it was in default on its debt after failing to make a payment on $541 million worth of bonds.
Mar 12, 2013 12:23 EDT
India's industrial output grew by a surprise 2.4 percent in January, data showed Tuesday, suggesting that Asia's third-largest economy may be on track for a modest recovery.
Mar 12, 2013 07:57 EDT
Britain's manufacturing output slumped by 1.5 percent in January compared with December, official data showed on Tuesday, dealing a fresh blow to the country's hopes of avoiding a fresh recession.
Mar 11, 2013 17:12 EDT
Global oil prices were mixed Monday as supplies remained firm and industrial production in China showed signs of a slowdown, possibly signalling a weaker demand for energy, analysts said.
Feb 27, 2013 19:09 EST
Japan's factory output for January rose a smaller-than-expected 1.0 percent from the previous month, official data showed on Thursday.
Feb 20, 2013 15:16 EST
Paris hit back Wednesday after the head of US tyremaker Titan mocked French workers for putting in only "three hours" a day, accusing the American of displaying "perfect ignorance".
Feb 18, 2013 02:38 EST
Tyre maker Bridgestone said Monday its net profit last year soared 67 percent to $1.83 billion as it cemented a recovery from a year earlier when the quake-tsunami hammered Japan's manufacturers.
Feb 15, 2013 11:16 EST
US industrial production fell in January but the final quarter of last year was much stronger than originally thought, the Federal Reserve reported Friday.
Feb 15, 2013 10:17 EST
US stocks opened higher Friday following a solid report on US industrial production in the fourth quarter.
Feb 12, 2013 09:32 EST
India's industrial output shrank unexpectedly in December for a second straight month, official data showed on Tuesday, dampening hopes that Asia's third-largest economy is reviving.
Feb 12, 2013 02:02 EST
India's industrial output slipped by a surprise 0.6 percent in December from a year earlier, data showed on Tuesday, dampening hopes that Asia's third-largest economy could be on the upswing.
Feb 11, 2013 10:53 EST
World solar power capacity passed the 100 gigawatt mark for the first time to 101 GW, the European Photovoltaic Industry Association (EPIA) said on Monday.
Feb 07, 2013 09:05 EST
German industrial output rose for the first time for five months in December, data showed on Thursday, adding to evidence that sharply rising confidence is gradually feeding through into the real economy, analysts said..
Feb 06, 2013 10:38 EST
Vestas, the world's top wind turbine maker, said Wednesday it was seeing the fruits of an extensive restructuring programme as it announced an annual loss but said quarterly sales were higher.
Jan 31, 2013 12:07 EST
US tyre maker Goodyear said on Thursday that it was set to close a loss-making plant in Amiens, northern France, which employs 1,173 workers, following a long struggle with trades unions.
Jan 29, 2013 20:04 EST
South Korea's industrial production posted its fourth consecutive monthly rise in December, while slowing sharply from the previous month, government data showed Wednesday.
Jan 28, 2013 13:25 EST
Caterpillar on Monday reported a 55 percent drop in fourth-quarter profit from a year ago, hit by a big charge on a Chinese acquisition after accounting fraud was found.