Venezuela's Hugo Chavez has reversed his pro-ethanol stance on the heels of an announced ethanol partnership between the U.S. and Brazil. Probably realized his political influence would be eroded by widespread adoption of the biofuel.
After militant violence had forced a shutdown, Royal Dutch Shell is resuming oil production in the Niger River Delta. Bob Moon examines the effect the news had on the market.
The Chinese economy is growing faster than government officials expected. For the sixth time in less than a year, regulators have told Chinese banks they need to hang on to more reserves.
Violent uprisings forced Shell to shutter half its operations in the Niger Delta last year, but now the oil company says it'll resume full production there within six months. Some think it's an overly optimistic plan.
The first transatlantic stock exchange launches in Paris today following the merger between the New York Stock Exchange and Euronext. It could be just the beginning of a movement toward a global stock market.
Good news for consumers: BMI and United Airlines are seeking approval to form an alliance that will provide a seamless experience for passengers traveling between the U.S. and Europe when the open skies treaty takes effect.
If you're doing business in a dangerous foreign country, it helps to know someone who can open some doors. In this installment of "Working," our profile of workers around the globe, we put our trust in a fixer.
The state-owned Russian airline may snap up a big chunk of the Italian airline's stock. Alitalia has been losing money for six of seven years, losing half a billion dollars in taxpayers' cash just last year.
The U.S. immigration office had a one-day window open to receive H1B visas for skilled foreign workers. The rush — and subsequent 65,000 application limit — has high-tech companies flustered.
A day after Apple and EMI announced a deal to provide music downloads minus copy protection, Apple's been accused of breaking E.U. competition law for selling music at different prices in different countries.
