Barcelona entrepreneurs, operating in a deep recession while being hit by the country’s austerity measures, are keeping afloat by tapping niche markets.

Leymah Gbowee, the Liberian activist who last year won the Nobel Peace Prize, says she is disappointed with fellow winner Ellen Johnson Sirleaf, Liberia’s president, and believes laureates need to do more to spread the message of peace.

CNN’s Al Goodman reports from Spain where the Red Cross is for the first time ever focusing on suffering at home.

Forget low-end computers, Taiwan is now known for high-end bicycles, as CNN’s Paula Hancocks reports.

EADS and BAE Systems have dropped plans to merge after failing to win political support for a $45 billion deal that would have created a European aerospace and defense giant.