Poultry producer files for bankruptcy protection.

Semiconductor industry trade group expects weak sales into 2009 as tech spending continues to sputter.

The world's largest automaker is cutting bonuses for roughly 5,000 managers as the downturn keeps customers away from showrooms worldwide

Media titan Redstone reportedly sells controlling stake in the video game maker for a song.

Shares across Asia fell sharply tracking Wall Street's drop overnight by nearly nine per cent as an influential group of economists declared that the US was in recession.