Washington accuses Beijing of keeping the value of its currency artificially low, making imports from China unfairly cheap. China says the U.S. fails to recognize the headway it's making. Ruth Kirchner reports.
The European Union's REACH law is expected to pass today. It would regulate use of chemicals in products sold in the EU — and that could cost U.S. companies big-time. Stephen Beard reports.
The U.S. trade delegation in China is off to an amicable start, but the mood may change tomorrow when the U.S. presents its list of complaints. Ruth Kirchner reports.
The London Stock Exchange has rejected another offer from Nasdaq, so now the American exchange is pressing ahead with a hostile takeover bid, appealing directly to LSE shareholders. Stephen Beard reports.
Following post-9/11 security controversy with Congress earlier this year, the Dubai-owned company hands over its assets to American insurance giant AIG for an estimated $700 million. Amy Scott reports.
There are reports that Shell has given in to pressure from the Kremlin and offered to give up control of its $22 billion Sakhalin 2 natural gas project to Russia's Gazprom. Stephen Beard reports.
Commentator Benjamin Barber has a proposal to simplify America's energy problems. After meeting with Libyan leader Moammar Qaddafi, he came away thinking we might just be able to make a deal.
A report released today says foreign oil-producing companies concerned about extra U.S. scrutiny are replacing dollars with euros and yen. Sam Eaton takes a look at what that might mean for the greenback.
China's domestic banking market opened to full foreign competition today, so foreign banks will be able to offer their services in the local currency, the Yuan, for the first time. Ruth Kirchner reports.
Treasury Secretary Henry Paulson wants China to move faster on economic reforms and to try to move the process along, he'll lead an imposing delegation to China this week, Hillary Wicai reports.
