President Putin has blocked Russia's state-controlled airline Aeroflot from purchasing 22 Boeing Dreamliners in a move that appears to be more about politics than planes.
American defense contractors aren't the only ones looking to buy up some of the overseas competition. Britain's BAE Systems reportedly has a lengthy shopping list of U.S. companies.
The South American allies have made an unusual trade deal: Oil-rich Venezuela will bail out an Argentine dairy producer in exchange for powdered milk. And it has as much to do with politics as economics.
Democrats on Capitol Hill are pushing for fair-labor standards to be attached to all international trade agreements. Commentator Robert Reich says those standards would be good for both sides.
More bad news for European plane maker Airbus today as British Airways buys Boeing 777s to upgrade its fleet. Problem is, Airbus can't set a new course until it puts an end to infighting that's stalled its cost-cutting plan.
European indie music force Impala has successfully lobbied to block Warner Music's previous attempts at buying EMI Records. So Warner made 'em a deal too good to pass up and now it's preparing an all-cash bid for EMI.
Palestinian ruling party Hamas has agreed to a power-sharing deal with Fatah, Israel's said that's a deal-breaker and the U.S. says it's not enough to remove the economic blockade. The Quartet meets in Berlin today to discuss what's next.
All 27 European Union member nations have agreed to back a plan to reduce greenhouse gas emissions 20 percent from 1990 levels by 2020. They might even go for 30 percent . . .
European investment bank Dresdner Kleinwort says that, according to its Fear and Greed Index, the end is nigh for the bull market and we're in for w worldwide economic slump. Stephen Beard reports.
