IndustryWeek

European Industrial Outlook: Recession, Uncertainty Clouds Short-Term Forecasts

MAPI sees more declines in second half of 2009, but modest recovery in 2010

U.S. Deficit Reaches More Than One Trillion Dollars

Spending in June soared 37% from a year ago, to $309.682 billion.

Russia Forecasts 10.2% Contraction in 1st Half

Predicts a decline of 9.8% in industrial production as well

China Stimulus Spurs Growth, New Problems

Q2 growth could be 8% but decreased revenues, growing loans and rising inflation are problems.

Korea's June Trade Surplus Highest Since 1952

Surplus was $7.27 billion

Companies Launch $560 Billion Plan to Pump African Solar Power to Europe

The massive proposal could provide up to 15% of Europe's electricity needs by 2050.

Philips Posts 94% Drop in Q2 Net Profit

Sales down 19%

Honda to Speed up Roll-out of Hybrids

Will introduce the CR-Z hybrid sports utility vehicle in February 2010 in Japan

Daimler Sells Stake in Tesla to Aabar Investments

Tesla is the first manufacturer of vehicles able to operate over long distances with the 'Model S' sportscar having a range of around 360 kilometers (225 miles) per charge.

Reborn GM Vows to Rev Up as New Company

Chairman says he'll be more active than most chairmen as 'we have to pay the government back'