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Adidas has been given the green light to acquire US athletic shoemaker Reebok in a deal estimated at $3.8 billion. Adidas hopes the acquisition will put it on track to give Nike a run for its money. Alisa Roth reports.
One of China's first private companies, Beijing Vantone Real Estate, has signed a deal to lease the top five floors of the first new building at Ground Zero since 9/11. Finding tenants for 7 World Trade Center had been difficult, but as Amy Scott reports, the company hopes the location will be a magnet for Chinese businesspeople.
Tens of thousands of participants are expected to turn out for this week's World Social Forum, billed as an alternative to the World Economic Forum in Davos. But as Brian Ellsworth reports, host country Venezuela may not be the poster child for an alternative to free-market capitalism.