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It is the fifth consecutive time since last year that OPEC decided to maintain the production quotas at the same level

China will stick with an annual pricing system and may take action to support the country's steelmakers in negotiations with suppliers

CNOOC has announced yesterday to form a 50 percent/50 percent joint venture with Bridas Energy Holdings Ltd for a consideration of 3.1 billion U.S. dollars

Geely has secured financing to buy Ford-owned Volvo cars for about 2.10 billion U.S. dollars

China's Baosteel ranked the third in term of curde steel output;Hebei Iron & Steel Group jumped to the second place in 2009

The European Commission would soon present a legislative proposal to introduce a carbon tax across the EU

General Motors Co. is planning to recall 1.3 million compact cars due to power-steering problems

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