The U.S. is taking a hardline stance with Europe on questions of open skies and carbon reduction agreements, and comments today by a U.S. transportation official added fuel to the fight.

The London Stock Exchange has been rebuffing takeover advances by NASDAQ, but the playing field might be shifting. Corporate raider Samuel Heyman has increased his stake in the LSE above 10 percent.

Venezuelan President Hugo Chavez rattled investors yesterday with his plan to nationalize the country's biggest phone company and utilities — but that didn't meter his tone as he was sworn in for his third term today.

Murdoch newspaper group has banned its papers from using any intrusive photos of Prince William's girlfriend, Kate Middleton — a surprising move, Stephen Beard reports.

Venezuelan President Hugo Chavez plans to nationalize his country's biggest telecom and power companies. And it's no accident both are controlled by U.S. firms. Dan Grech reports.

Television actors in Canada are on strike. It's a remarkably tame affair and no one has wallked off the job. But Hollywood is keeping an eye on it. Steve McNally reports.

Venezuelan President Hugo Chavez says he'll nationalize his country's largest phone company and utilities — a move that'll probably affect foreign investors. Louis Hamann reports.

The escalating dispute between Russia and Belarus over oil and gas prices has spilled over into Europe — but oil prices remain curiously unaffected. Stephen Beard explains.

Nicaragua swears in new president Daniel Ortega tomorrow. He ruled that nation once before back in the '80s, allied with the Soviet Union. Nowadays, he's close to another U.S. foe. Dan Grech reports.

For the past century, Budweiser has been in a bitter court battle with a Czech company that makes a lager called Budweiser in Europe. Finally, a compromise.