More than 50 American defense and aerospace companies are at the Aero India show this week, showing off their flashiest aircraft. But the trip was a long way to go for not much payoff. Miranda Kennedy reports.
U.K. investors applauded news that a British company will buy Laidlaw, America's biggest private operator of school buses. But it already owns the No. 2 carrier so there could be regulatory roadblocks ahead.
The G7 finance summit starts today and one item on the agenda is whether hedge funds should be regulated — or if that would just risk sending the global economy into a tailspin.
Rival Palestinian factions have signed a deal to form a national unity government after marathon talks aimed at ending deadly infighting — and the international boycott that's crippled its economy.
Regulations similar to those that prompted some businesses to leave U.S. stock markets are being considered in Europe. That concerns the exchanges there, which benefitted from the fallout. Stephen Beard reports.
As part of their six-party negotiations with North Korea, the U.S. may be considering easing some banking sanctions. Kai Ryssdal talks with Marketplace's Scott Tong from Shanghai about the ongoing talks.
The on-again, off-again talks over North Korea and nukes are on again with renewed signs of optimism. Namely that Washington may unfreeze bank assets of Pyongyang leaders if they're ready to talk disarmament.
The slowdown in the U.S. housing market has rippled all the way across the Atlantic. A British banking group has warned that bad debts will be much greater than expected.
After a decade of shying away from U.S. tobacco companies, it looks like Europe is ready to reinvest. Britain's Imperial Tobacco Group is set to buy American discount cigarette maker Commonwealth.
