The world's largest retailer is going to close all of its stores in Germany and take about a $1 billion loss. Lisa Napoli reports that Wal-Mart failed to understand the German consumer.
After arguing about sugar for nearly a decade, today the US and Mexico have a deal. The US will allow Mexican sugar to come in to the States and Mexico will open up its market to US corn syrup. Dan Grech reports.
Wal-Mart has finally admitted defeat and pulled out of Germany. The world's biggest retailing chain is selling its German stores at fire sale prices. Stephen Beard reports.
The Congo's July 30 elections mark the end of nearly a decade of fighting, fueled mainly by its enormous mineral wealth. If Congo can stabilize, investors stand to gain tens of millions of dollars. But, Suzanne Marmion reports, that's a big if.
Today Japan announced it's letting US beef back into the country. But while US cattlemen cheer the news, American chicken and pork farmers are less excited. Dan GrechA explains.
British healthcare unions have attacked a plan to hire an American medical company to operate the UK's state-run health service. Especially since it's been accused of overcharging in the US. Stephen Beard reports.
Oil-rich Venezuela is buying fighter jets and helicopters — from Russia. Chavez says he needs the hardware to defend against a potential US attack. Dan Grech reports.
India's economic growth rate is one of the fastest in the world, over 8% last year. But a new study says that HIV/AIDS will dramatically cut that growth over the next decade. Miranda Kennedy reports.
US cattlemen can breathe a sigh of relief today. Once the biggest foreign consumer of US beef, Japan has officially ended its ban on imports following a mad cow scare. Dan Grech reports.
