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Zhejiang Geely Holding Group signed a binding deal Sunday to buy Volvo from Ford for $1.8 Billion dollars.
Naoto Kan has been elected the new Prime Minister in Japan.
Verdict to a tragedy in Bhopal India after 25 yrs.
The owner Mohamed Al Fayed has reportedly sold the department store for $1.5 billion to Qatar Holdings owned by the Qatari Royal Family.
Mexico's Carlos Slim beat Bill Gates and Warren Buffett for the top spot on Forbes Richest People list.
A Toyota executive told the House Energy and Commerce Committee on Tuesday that the companys huge recall might not totally solve the problem of unintended sudden acceleration in its vehicles.
The Israeli Army has boarded the Rachel Corrie aid ship bound for Gaza.
Japanese Prime Minister Yukio Hatoyama and his powerful ruling party No.2 quit on Wednesday to try to boost the party's fortunes in an election next month, less than a year after sweeping to power with promises of change.
Space Shuttle Discovery just launched on STS-128.
The deal with GM for a Chinese company to make the Hummer model under the same name fell through.