Deal to save Milford Haven oil refinery collapses

Hundreds of jobs in Wales are in danger after the collapse of a deal to secure the future of Milford Haven oil refinery. Murphy Oil, which owns the refinery, has been negotiating a sale with entrepreneur Gary Klesch for several months.

EU, China spar again over solar trade

HONG KONG (CNNMoney) -- The European Commission has launched an investigation into solar panels and components imported from China, the latest skirmish in a row that could raise tensions between the trading partners.