Transportation

US says Thai company helped blacklisted Iran airline

The U.S. government has imposed sanctions on a Thailand-based company it says provides services to an Iranian airline that Washington accuses of supporting terrorist activities directed by Iran's government.

Spain walks back on decision to halt bomb sales to Saudis

Spain says it will go ahead with a shipment of precision bombs to Saudi Arabia after consultations with Riyadh, reversing a previous decision and angering rights groups who claim the weapons could harm civilians in Yemen.

Report: Chinese building projects narrowing economic gaps

A wave of Chinese-financed railways and other trade links in Africa and Asia that have prompted worries about debt and Beijing's ambitions is reducing politically dangerous inequality between regions within countries, a multinational group of researchers said Tuesday.

Business Highlights

___ CBS sets aside $120 million for Moonves, but will he see it?