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Unemployment in the UK rose to 2.261 million in the three months to April, the highest figure since November 1996. 31 Vote(s)
Former Royal Bank of Scotland chief Sir Fred Goodwin has agreed to reduce his pension by £200,000 a year. The government has also accepted the deal. ...
Aircraft orders have been thin on the ground at the continuing Paris Air Show, although the Canadian plane-makers Bombardier is set to confirm a deal...
President Obama has announced a major reform of financial regulation in the US to help prevent future economic crises. 30 Vote(s)
Defence industry sales have exceeded expectations at this year's Paris Air Show as some civil aircraft makers struggle to perform. 18 Vote(s)
New figures show the number of new cars produced in the UK in May fell dramatically, compared with 2008. 24 Vote(s)
Texan billionaire Sir Allen Stanford is due to appear in court in Virginia in the US to face fraud charges. 22 Vote(s)
The aerospace industry is not immune from the global recession, with many companies and analysts predicting a long road to recovery. 24 Vote(s)
Porsche has seen its nine-month unit sales slump by more than a quarter after demand for its cars was hit by the worldwide recession. 14 Vote(s)
Business Secretary Lord Mandelson has called on Magna to clarify their intentions for Vauxhall as they move ahead to purchase GM's European arm. 28 Vote...
Car giant General Motors (GM) has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history. 20 Vote(s)
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