IndustryWeek -- Economy & Public Policy

Japan Factory Output Falls, Dents Recovery Hopes

Decline in auto and semiconductor output leads to unexpected 1.2 percent dip.

India Panel Suspends Environmental Clearance for Posco Steel Plant

Posco deal has been watched as a test case by foreign investors eager to enter India's fast-growing economy but wary of the potential for environmental and other concerns to derail their plans.

Audit Finds Rampant Overtime, Other Labor Abuses at Apple Supplier Foxconn in China

Employees should have more involvement with union, health and safety committees, according to Fair Labor Association president Auret van Heerden, who put Foxconn factories on an overall par with modern manufacturing plants elsewhere in the world.

Daimler Opens First Mercedes Plant in Eastern Europe

The state-of-the-art plant is due to build up to 120,000 cars annually year and employ at least 3,000 people at full capacity.

RWE, E.ON Pull Plug on Horizon Nuclear Power Venture

Separation paves way for new competitors to enter the market.

PetroChina Overtakes ExxonMobil in Oil Production

Chinese energy firm said last year's increase driven largely by efforts to ramp up production in new oilfields.

Bristol Myers-Squibb Recalls Organ-Storage Fluid Viaspan over Contamination Fears

Pharmaceutical firm says problem detected at manufacturing facility in Austria prompted the recall across much of Europe.

Wabash National to Buy Cargo-Tank Manufacturer Walker Group

The semi-trailer maker expects the $360 million all-cash deal to be 'immediately accretive to the company's net income.'

Republicans Reject Democrats' Effort to Cut Oil Tax Breaks

Obama's call to end subsidies fails.

Honda Begins Work on New Assembly Plant in Mexico

Starting in spring 2014, the $800 million plant will produce the Honda Fit subcompact.