Most of Europe's banks had already joined the U.S. in halting financial transactions with Iran in an attempt to pressure it into giving up its nuclear program. Now the last two holdouts have caved, but Iran may find other sources. Stephen Beard reports.

Bacardi is the latest booze maker to pour out millions in cash to step up production of Scotch whiskey as the spirit enjoys rising popularity among the fast-growing middle classes in emerging markets. Stephen Beard reports.

Long delays at London's Heathrow airport have earned it a reputation among travelers that's worrying government officials. They say it could be damaging the city's standing as a leading financial center, Stephen Beard reports.

The recent global buying frenzy has been fueled by relatively low interest rates on the Japanese yen. Consultant Roger Bootle says the downward turn in stocks could get worse if that flow of cash gets scarce.