Angela Merkel `Committed' to Saving the Euro

Chancellor Angela Merkel backed the European Central Bank’s insistence on conditions for helping reduce borrowing costs in indebted countries, saying Germany is “in line” with the ECB’s approach to defending the euro.

CNPC Buys Stake in Abu Dhabi Oil Venture
50:11 - China National Petroleum Corp. bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6 percent of global crude reserves looks increasingly to Asia, its biggest market, for investment to raise output capacity. Bloomberg's Ramsey Al-Rikabi reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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