For connoisseurs of government subsidy here's a new one to savor: The European Commission in Brussels wants to pay wine growers to rip up their vineyards. Stephen Beard explains.
Chinese Premier Wen Jiabao is in South Africa this week. China has been boosting its trade ties with Africa, but some are worried cheap Chinese imports might sink the local economy. Gretchen Wilson reports.
The Dubai-based airline Emirates says it will not cancel its order for the new Airbus super jumbo A380. But the crisis over the new plane is deepening. Stephen Beard reports.
German soccer fans are hoping they'll make it to the World Cup final in July.German politicians are looking to get an economic boost in a country that's been in the doldrums for a couple years. Kyle James reports from Berlin.
McDonald's signed a deal today with China's largest service station network, Sinopec, to create a burger and gas combo for China's up-and-coming middle class. Jocelyn Ford reports.
Two of the world's biggest telecom equipment makers — Nokia of Finland and Siemens of Germany — are merging some of their networking operations. And it could mean lots of layoffs. Amy Scott reports.
With 20 million people waiting to get on the electrical grid in China, officials in Beijing have launched a campaign to make sure the newest energy consumers will use renewable sources instead. Rob Schmitz reports.
Two of the world's biggest telecom equipment makers — Nokia of Finland and Siemens of Germany — are merging some manufacturing operations in a deal worth more than $30 billion. Stephen Beard reports.
