Westinghouse was awarded the right to build four nuclear reactors in China. It's an interesting decision on the heels of the American trade delegation's visit — and a huge blow to France and Russia.
Treasury Secy. Henry Paulson and Fed Chairman Ben Bernanke went to China for what they called a strategic economic dialogue. But somebody apparently forgot to tell the Chinese.Ruth Kirchner reports.
British Prime Minister Tony Blair is defending his decision to scrap a major corruption investigation. Saudi Arabia had threatened to pull out of a multibillion-dollar defense contract if he didn't. Stephen Beard reports.
Spain's government and business claim the traditional midday break for lunch and a nap is a luxury the country can no longer afford. Jerome Socolovsky reports.
Ben Bernanke got out his best Fed-Chairman-speak to call for what most U.S. officials want: a rise in the value of China's currency. Ruth Kirchner reports.
Why do we buy one product instead of another? We usually like the way it looks or tastes or. . . sounds. Sound design and branding are becoming increasingly important in a crowded marketplace. Kyle James reports.
The British government has provoked a hail of criticism after ditching a major corruption inquiry that had been threatening a $12 billion defense deal with Saudi Arabia. Stephen Beard reports.
The International Trade Commission voted to lift trade barriers on most imports of steel that Detroit uses. The commission had to choose between jobs in steel plants or jobs in car factories. John Dimsdale reports.
The Russian market is attractive for a lot of reasons. Not the least of which is that there's a chance to make a lot of money. But commentator Edward Lucas says foreign investors ought to look before they leap.