Businesses provide the means by which goods and services are exchanged and the basis for the economy on a local, national, and global scale.  They may provide consumer products, consumer services, durable goods such as refrigerators and televisions, capital goods such as machinery and commercial vehicles, raw materials such as wheat and corn, semi-finished goods such as computer components, finished goods such as cars and trucks, or business services such as insurance and banking.  Business has always been strongly influenced by the economic climate and world events.  In turn, the health of the business sector greatly influences the economy.

Browse the headlines below to find relevant and up-to-date business news from around the globe.

• VIDEO: Saudi awards for private businesses
  
  Saudi Arabia is awarding bursaries to young Saudis to help them start their own businesses.
  BBC News.  Sun, 05 Feb 2012 13:36:55 GMT.
• Mortgage Tornado Warning, Unheeded
  
  Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. ....
  By Gretchen Morgenson.  International Herald Tribune.  Sun, 05 Feb 2012 06:05:30 GMT.
• Chavez: Iran sanctions hurt joint auto venture
  
  Venezuelan President Hugo Chavez said Saturday that international sanctions on Iran are impeding some of his country's business deals with Tehran.
  Miami Herald.  Sat, 04 Feb 2012 23:18 EST.
• Capitalism, Invention, Innovation and Entrepreneurialism: Words That Do Have Meanings
  
  Its terribly important to remember that words do in fact have specific meanings. For if we forget it then we end up driving around in circles as this Washington Post piece does.
  By Tim Worstall.  Forbes.  Sat, 4 Feb 2012 15:49:44 GMT.
• The Saturday Profile: Sergei Kolesnikov Aims to Expose Corruption of Putin Era
  
  Sergei Kolesnikov became a prosperous businessman and part of the crony capitalist web surrounding Vladimir V. Putin. Now he is waging a risky campaign to expose corruption.
  By Scott Shane.  International Herald Tribune.  Sat, 04 Feb 2012 09:23:59 GMT.
• A bon viveur with love of fine art and fine wine
  
  pLochlann Quinn is one of Ireland's most successful and wealthiest businessmen. ...
  Irish Independent.  Sat, 04 Feb 2012 05:00:00 GMT.
• Report: Eastwood's Chrysler ad will be pep talk for the nation
  
  Chrysler plans a two-minute Super Bowl commercial featuring Clint Eastwood giving the country a pep talk, sources told The Wall Street Journal today.
  AutoNews.com.  Fri, 3 Feb 2012 16:20:25 EST.  Subscription required.
• Blame the Income Gap on Demographics, Not Capitalism
  
  The demographics of income and wealth inequality will go away with the Baby Boomers.
  U. S. News & World Report.  Fri, 03 Feb 2012 16:00:00 -0500.
• Ed Davey is new energy secretary
  
  Lib Dem minister Ed Davey is named the new energy and climate change secretary following Chris Huhne's resignation, while Norman Lamb takes over his role as business minister.
  BBC News.  Fri, 03 Feb 2012 15:57:58 GMT.
• Federal Agents Battle Merchandise Counterfeiting
  
  Flow of counterfeit goods into the US is on the rise, costing businesses millions.
  Kane Farabaugh.  Voice of America.  Fri, 3 Feb 2012 14:11:45 GMT.

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