It depends. Do you mean 0 multiplied by something that approaches infinity or something that approaches 0 multiplied by something that approaches infinity? If the former, no, it would be 0. If the latter, sometimes; It could approach anything, because it is an indeterminate form(Indeterminate form - Wikipedia, the free encyclopedia).
lim(x->inf)x/lim(x->inf)x^2 = lim(x->inf)x/x^2 = lim(x->inf)1/x = 0
The second is correct. (I even used it above.)
lim(x->inf)1/x * lim(x->inf)x = lim(x->inf)x/x = lim(x->inf)1 = 1
The first and third are indeterminate, and can't be given a general rule.