-- captions by vitac -- www.vitac.com hello, i'm monita rajpal at cnn london. here are the headlines this hour. the u.n. human rights chief said that syria's deadly crashdown on dissent likely includes crimes against humanity. syria's ambassador responded by saying there is an unpress dentsed media and political campaign to destabilize his country. opposition groups say at least 30 people were killed monday across syria. abu qatada is out on bail. he was dubbed osama bin laden's right-hand man in europe and had been in jail since 2005.

the european court on human rights stopped britain from deporting him to his native jordan because of concerns he would be tortured. a british judge says unless the government manages to deport him in the next three months, the bail conditions may be lifted. whitney houston's body has been flown to new jersey on a private jet for a funeral service later this week. a gold hearst believed to be carrying her body left teterboro airport amid type security. police say she was found under water in her hotel room on saturday. there were prescription drug bottles found in the room but no evidence of foul play. those are the headlines. i'm monita rajpal. "world business today" starts right now. good morning, from cnn london, i'm nina dos santos. welcome to "world business today." these are the top stories on tuesday, february 14th.

china's status as an economic power house is front and center this tuesday. the high-level talks talking place on two continents. ratings agency moody's fires a warning shot across the bows of six eu countries as it downgrades their credit rating and signals it could cut more. the second time around, the u.s. president lays his budget out, half of which may seem familiar. full details later on in the show. first up, there's no question on where china's priorities lie this week. it's all about the global economy. china is packing in a series of key meetings on opposite sides across the globe. first up in the united states, the country's vice president, likely next leader, xi jinping is in washington as we speak. he will be meeting with the u.s. president barack obama later at the white house and on tuesday to discuss ties between the world's two biggest economies.

in the meantime, back home in china, well, we've got the beijing summit kicking off earlier on today. the chinese premiere wen jiabao and also the president hu jintao hosting high-level talks with leaders from across the european union such as france's barroso. the chinese officials are expected to reiterate the country's support for the eurozone while playing down concerns it may try to buy out or deep control the entire euro block. barroso is expected to address the summit in the next few minutes time. let's go to eunice yoon who is following all these developments. she joins us live from beijing. eunice, what do these talks focus on? >> reporter: the talks have been mainly focusing on the economy. one of the big questions here has been how china could really contribute and support the eurozone, ever since the chinese

premier wen jiabao made a couple of comments during the visit of angela merkel to china. he said china was considering a way of contributing to the rescue funds of the eu. of course there weren't any details athe that time and there are still no details of what that potential investment could possibly be. a lot of people say china has reason to help out the europeans because china and europe have a very close trade relationship, also china with its trillions and trillions of dollars in currency reserves does have the financial flexibility and the financial firepower to help. in one of the conditions and one of the concerns here among the chinese have been that europe really needs to be able to handle its own crisis on its own. it was interesting this week because in the runup to this visit, the eu president spoke to the chinese press, was really laying the ground work for the european message, saying that the european members have been doing what they can to resolve this debt crisis on their own.

nina? >> eunice, yes, the currency reserves is one excellent argument. already china started diversifying away from the u.s. dollar and investing in some of its money in euros a while ago. there's a lot of concerns about china potentially controlling the eurozone if it does help out. what's likely to be the outcome of these talks? any talk about that? >> well, there has been some talk about that, in fact there was another chinese paper which does try to deflect some of the concern about the chinese coming in and controlling europe per se. but in terms of the outcome of this, of this discussion, it's very difficult to say what the outcome would be. however, there were recent comments from the head of the chinese sovereign wealth fund that did seem to shed some light. the chairman of the cic, which is the china investment corporation, which manages about $400 billion, was at a forum recently and said that these types of investments would be very difficult for long-term

investors to get into. he said that angela merkel had approached the sovereign wealth fund as well as other long-term investors suggesting they should buy in to european government bonds. he said that wasn't necessarily a good investment for them. there was also another central bank adviser who was at that same forum who also said that china wants to make sure that they invest according to their own proper principles and also they said that they want to make good returns. obviously there are concerns about investing in european government bonds, however, the cic didn't rule out investment altogether. the chairman had said that some chinese money should flow into industrial and real assets in europe. so that could be one way we could see the chinese invest in europe and help out. >> okay. eunice yoon, joining us live from china where the talks are taking place. many thanks for that.

let's have a look at how the european stock markets are faring in today's session. we have a lower open,pairing some of the gains on yesterday's euphoric action. we have moody's decision to downgrade six eu countries. more on that shortly. there are also a number of big members affected, effectively earmarked for a downgrade. we're talking about this one, the uk's markets as well and also france. these two countries potentially have their credit ratings earmarked for another downgrade has not played out well in the markets. both are down by 0.25%. specifically in you hone in on the uk, another thing we're watching out for here in the next 20 minutes or so, uk inflation figures. it's expected the inflation across the uk, which has been one of the main bug bears of the central bank may come down for a

second straight quarter to around about 3.6%. last quarter it showed a sign of declining to about 4.2%. that could be something that the markets are focusing on when it comes to france. one of the main concerns is exposure to sovereign debt, not not just greece but potentially france given what moody's said. news of the moody's downgrade weighed heavily on the stock market in asia. in particular, the bank of japan announcing fresh easing measures. that as you can see here, gave the boost to the nikkei ending day up to the tune of 0.6%. energy and resource stocks across the region is one of the reasons we saw the sydney asx 200 not being hit quite as hard. that one ending down 1.2%. in japan, olympus did manage to recover some ground.

it managed to close up to the tune of about 2%, one of the reasons the markets in japan did slightly better than the rest. the shanghai and the hang seng going in opposite directions with the shanghai composite down by 0.3%. well, in the united states, the three leading indices all ended the trading day higher on monday. investors were relieved by greece's adoption of austerity measures demanded by the eu. the dow and the s&p 500 each closed up more than 0.5%. when it comes to the nasdaq for its part it was slightly higher, closing almost 1% higher for its part. industrial stocks were some of the biggest gainers on monday's session. the day's standout stock was apple. apple stock broke through the crucial $500 level for the first time ever to close up about 2% and a price of $502.60 in total.

just six months ago, let's remind you, apple share price was $100 lower than it is today. later today, the man who's likely to be china's next leader, xi jinping, will be meeting with the u.s. president barack obama at the white house. that meeting comes as the united states overhauls its foreign policy posture as well. cnn's white house correspondent brianna keilar has more. >> reporter: it's vice president joe biden who is formally hosting vice president xi of china here in washington. president obama and a number of senior administration officials will also meet with the incoming chairman of the chinese communist party and the president's interactions with xi are seen as key since he will be in power for years to come and this meeting could set the tone. it also comes at a time when president obama has tried to shift the focus of u.s. foreign policy from the middle east to asia. >> he has sought to rebalance

our focus and our national security approach as well as our economic approach. international economic approach to reflect the important role that the region is playing economically. and the important role that our relations with china and with countries all around the region will play in the 21st century. >> reporter: xi's visit here to washington does not come without controversy. there were protests at the white house monday, also at the chinese embassy here in washington. and not far from the white house, at a bridge over the potomac river, some protesters were arrested, a few of them after repelling down the bridge to hang a banner. these protests in favor of tibetan independence and specifically protesting the recent clampdown by china in tibet. and there are more protests planned for tuesday, the day that xi will visit the white house. brianna keilar, cnn, the white house. coming up next on "world business today," we'll be going live to beijing where european

leaders are meeting with the chinese government in an attempt to ease the eu's ongoing debt crisis. and risky business. moody's downgrades the credit ratings of six countries. we'll tell you who was targeted, next. @ [ male announcer ] what if you had thermal night-vision goggles,

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we're taking you out to beijing where we have the chinese premier wen jiabao, as you can see, addressing an eu/china summit. we have the executive arm of the european union, josie manuel barroso there as well as v. the china-eu summit is currently under way in beijing. welcome back. you're watching "world business today" live on cnn.

the european stock markets have had sobering news to digest. moody's cut its ratings on no fewer than six eu countries on monday. let's take a look at exactly which ones those entail. they include all sorts of pretty big name, for instance, italy, portugal, spain, malta, slovakia and slovenia towards the east. in particular when it comes to portugal over here, it's now rated ba-2 which means it goes even deeper into junk territory. we also saw changes for the outlook of really significant aaa credit rated countries. in particular these ones, as you can see highlighted in yellow on the chart behind me. moody's put these countries on credit watch negative, which means it effectively earmarks them for a downgrade doing forward, they include the likes of austria toward the east, france and the united kingdom. in particular, france and the uk saw their ratings -- they saw the ratings agency cut its

outlook on the aaa credit ratings change from negative. moody's says this risk is largely because things are getting worse in the eurozone crisis and that represents a significant risk to growth for these countries. now, let's move along and talk about greece, because greece actually managed to escape another credit rating downgrade but the country's government is still on damage control immediate this very tuesday. this is after the aftermath of angry protests we saw over the course of the weekend in athens. tens of thousands of people clashed with people earlier on monday as anger over the austerity deal spilled out on to the streets of the greek capital. more than 100 policemen and dozens of civilians were injured as a result of those riots. greece is still a long way from securing all of the funding that it needs. its austerity plan must win approval of the eurozone finance minister's meeting which is slated for wednesday. but a final decision on any bailout money is unlikely to be made until at least march.

that's because it has to come after the german parliament debates the new austerity measures put forward by this country. the former greek finance minister pis the man who took greece into the euro. richard quest asked him about his tough times ahead for his country. >> they pay the price for past failures, mr. quest. this is a simple question. the point is not to look back at history. the point is to look forward. only way to look forward is for us to work all of us to get the economy started again. and for this we need a productive economy, more confidence and we need more help from europe. not in terms of the liquidity but in terms of investments. europe definitely and desperately needs, south europe, italy, spain, must sustain

economic activity and improve infrastructure. this is the real help the germans and others can give. >> he brought greece into the euro, he was speaking to richard quest yesterday evening. critics of spending cuts and austerity say such measures are making greece's troubles worse by strangling its own economic growth. instead of a seemingly endless spending squeeze, what they want to see instead is growth-led policies. emily reuben has more. >> these measures don't encourage the greek economy to go to recovery and growth. >> reporter: it's the only word to bring hope to the beleaguered nation of the eurozone, growth. how cancuns like greece, ireland, bailed out by the international community and still burdenened by huge deficits really achieve it? last month the world bank, the i many. f, the world trade organization called on european governments to stimulate growth. their appeal lacked precise

suggestions. it said momentum could be regained by increasing spending on infrastructure. labor market reforms can both raise employment levels and ease fiscal adjustment. one solution, according to a broker is for countries to cut minimum wage. it's one measure greece agreed to this weekend. >> you can do policies at minimal cost. things like slashing the minimum wage, reducing regulation and bureaucracy, things like that. that's the standards or the measures you see in eastern european imf packages in the beginning of the crisis in 2008-2009. whereas they're only really coming up in greece a year or two years into it. >> reporter: changing tax regimes can also promote growth. in 2008, hungary cut labor taxes for corporations but hiked profit tax. keeping the tax burden the same but promoting employment growth. some say slashing wages can hurt consumption and, therefore,

growth. and the irish government has opted for encouraging investment. it says it started upping r & d tax credit for attracting multinationals and bringing in jobs. into its own report into the global economy, the world bank urges countries to identify new drivers of growth. the question is where will they come from and will they come in time? emily reuben, cnn, london. just ahead here on "world business today," a surprise move by the bank of japan to fight deflation and counter the strong yen. we'll tell you everything you need to know about that. and barack obama's budget is out. we'll tell you whyhe u.s. president is limbering up for a fight over taxes. that's coming up next here on cnn.

you're watching "world business today" live on cnn. welcome back. japan's central bank surprised and shocked many currency traders with a new multibillion dollar pledge monetary easing. the latest flood of funds is aimed at japan's chronic deflation and a super strong yen that's hurt exporters bottom line. ramy inocencio has more on the boj's interesting move. good morning. >> reporter: today's move by the bank of japan was unexpected but it ended up being a very welcome jolt. stock investors and currency traders reacting well. what are the details here in the bank of japan said it's going to add another $130 billion to its asset program and this latest amount here is going to be used

to buy long-term government bonds. that means the entire program will have a war chest of more than $830 billion. in addition, the boj said it would fix consumer inflation at 1% for the time being. and that adds, of course, a sense of stability to the markets and echos what the u.s. federal reserve did last month and that it when it announced it would target a 2% inflation rate. the interest rate, the boj is keeping that between 0% and 1%. the yen weakened as much as 0.6% to hit an intraday low of this, of more than 78 yen to the dollar. a weaker yen, of course, is better for japan's exporters. it's trading at 79.72 to the dollar. as for the nikkei, it reversed out of the morning's red. it had originally opened down. that was after ratings agency moody's cut its credit rating on

spain, ireland as well as portugal but the boj investment -- excuse me, announcement, changed all that. you con see when the announcement came at 1:00 p.m. local time. the index finished up more than 0.5%. it turned out to be the biggest gain on the down day of trading in the asia-pacific. nina? >> it does indeed. ramy inocencio, thanks for that. asia business analyst in hong kong. what better wa i -- way to spend valentine's day than with your trading partners in china's case? stay with us here on cnn.

welcome back to the show. i'm nina dos santos in cnn london. let's take another look at how the european stock markets are faring. we're about 90 minutes into the trading session today. as you can see here, we are seeing a sea of red. this is largely thanks to moody's decision to downgrade six european countries and put another enormously important countries outside the eurozone and inside the eurozone like the uk, france and austria on credit watch negative which means they could be earmarking them for a downgrade. that's got the likes of the too ftse 100 down by 0.3%, the dax down 0.1%, faring slightly better than the other european markets. the cac 40 being weighed down by the french sovereign rating as well. that market down by nearly 0.5%. britain's finance minister has given his reaction to moody's

warning the uk may lose its aaa credit rating. george osbourne says it's another clear sign britain needs to deal with its debt problem. >> if we don't deal with our debts in britain, there will be no growth, no jobs, people won't invest in our country. britain has to confront its problems. that is the clear message from the rating agency today. and that is a reality check to the entire political system that britain cannot duck dealing with its debt problem. >> in the meantime, it was a mixed finish to the trading day in asia as investors reacted to those ratings downgrades in europe. but we had the nikkei closing higher on back of news of the new monetary easing measures taken by the bank of japan to control the strong yen, give some of the exporters there a bit of a boost. the nikkei ending the day up to the tune of 0.6%. hang seng putting on a modest gain, let's say. the shanghai composite down for the day, about 0.25%. the s&p asx 200 in sydney losing

about 1% on the day, largely thanks to weakness in the metals and mining sector. so, the office for national statistics in london released its latest inflation figure for the month of january in the uk. let's bring you that. as expect, the inflation rate is slowed to 3.6%. it was 4.2% last month. it's been on the decline since peaking at 5.2% last september. so inflation is still above the bank of england's target of 2% by 2013 but the central bank will be releasing its own economic inflation forecasts on wednesday. we'll look forward to that. it is a trend in the right direction many will say, but still, nowhere near the 2% level and it's been way above 2% for many a year now. chinese and european union leaders are meeting in beijing for talks aimed at helping europe. the chinese officials are expected to reiterate the

country's support for the yaurnz, one of its key export partners while on the other hand downplaying concerns it may try to control or buy up the euro block with its investments. of course, as times remain tough here in europe, many people are feeling increasingly drawn to the excitement and lure of opportunities out east. but as stan grant reports, the push towards china comes with more competition and rising business costs. ♪ >> reporter: if this is a jungle, then frankiationer with his blond mane of hair is the key of the beast. >> the world east. >> yes, it has been the wild east and it still is a little bit the wild east. >> reporter: for the foreign fortune hunters this has been the party that never ends. for the wild east as they call it, this may be becoming a little bit more tame.

how does a policeman end up here? >> uncontrollable coincidence. >> reporter: it's been a crazy ride for frank yager. one-time german cop, he tried many other businesses, including a nudist beach. >> but you didn't want to stay in the nudist industry. >> no, no, no. it makes money only when there's sunshine. germany's sunshine is not that often. >> reporter: if your nudist colony goes bust, you come to china, stumbling into manufacturing, frank yager has had a lot of good years. he employees about 300 workers here to make electric cable he supplies to europe and the united states. but rising prices, wage increases, new taxes and a shrinking export market, he says, are beginning to -- >> we have many, many factories which already are moving away

from china into other countries such as indonesia, india, vietnam, in order to many factories and products there. >> reporter: yager says china is in transformation, more expensive to do business, a more educated work force. he says the opportunities are now in the country's smaller cities and it may even be able to learn something from germany. >> i mean, think about it, germany has built its success since ever on small and medium-sized enterprises. since ever. this is a concept china has understood as well. >> reporter: when he goes home, frank yager says he sees too many people who complain too much and work too little. >> there are certain taxes and loss against. >> reporter: despite the new challenges in his adopted home, he has no plans to go back to europe. ♪ at frank's hollywood baby bar, it's tempting for other foreigners, too, to leave the

problems of the world outside. and for just a moment, imagine in china, the music never stops. stan grant, cnn, china. china's economic growth has soared over recent years cementing its status as a major player on the global stage and deepening its economic relationship with the united states. for more on that delicate relationship, let's go back to eunice yoon who joins us live again from beijing. first up, eunice, we have the man who's likely to be the heir apparent, the vice premier xi jinping in the united states. first time he went there was back in 1985, wasn't it? how is that trip going? >> reporter: well, a lot of people have been calling his trip his coming out party to americans. this is really seen as a time when he can and china could really reset the tone of the relationship between two

long-time economic freinemies. an marne man and chinese woman, both a couple and business partner who found a way to make their marriage last for 30 years. >> keep the lines of communication flowing. we talk all the time. >> we talk every day, he like talks me to death. [ laughter ] >> reporter: that's exactly why chinese vice president xi jinping is in america, to keep the two most important economies talking. you could say china and the u.s. are in some ways like an old married couple, per nantly hitched since the early days of their relationship. the two countries have depended on each other. china relies on the u.s. to set up factories and create jobs while the u.s. imports low-priced goods for american consumers and needs china to invest in its massive pool of government debt.

just like other long-time relationships, beijing and washington have their marital spats. >> do you ever get in fights? >> every day. >> see, she says the same thing i say. >> a day without a fight is not a normal day. >> i don't fight. she fights. >> reporter: the two nations have quarrelled over everything from trade, china's currency and human rights. and with china growing in power, tempers are flaring over other global issues like the u.s.'s growing security presence in the south china sea. many of these issues will likely still be on the agenda later this year when xi is expected to take office as the next president of china. chinese officials say that washington and beijing suffer from a trust deficit. they hope that xi's visit will help bridge the divide. during xi's trip, both sides are getting a fresh view of their partner and a chance to reset the tone of an ever-evolving affa affair. >> after 30 years maybe i'm

finally learning to shut up and give her some space for a few minutes. it's important to learn to count to ten and to think things through and to pick the battles that are worth it. >> reporter: not such a bad idea for any couple celebrating 30 years of marriage. and xi is going to be taking over china at a very important time, a time of enormous change. and this is going to be when a country is moving from year after year of nearly guaranteed vast economic growth to a slower sustainable economy with a growing rich/poor divide. nina? >> now, eunice you've been following the situation for quite a while. he's been the heir apparent for quite a while. is he well equipped to handle this kind of challenge from what you've seen? >> he did suffer during the cultural revolution and a lot of people have said he's able to identify with lots of different people from all sorts of ranks,

including the working class. he also is known as a social scientist. business people have told me in private meetings he's very confident and self-assured in business and trade issues. he also, as the governor of a province in the south of the country, was able to attract a lot of investment, outside investment to that province. he is known as a champion of private enterprise and so people really believe that he does have very strong business credentials which could body well for this important economic relationship between the u.s. and china. nina? >> eunice yoon in beijing. many thanks for that great reporting there. she's been covering not just the xi jinping visit to the united states and the state of iowa but also that crucial meeting between the eu protagonists, let's say, who are in china as we speak. speaking of xi jinping, the next stop for him is the u.s. state of iowa. he's been there before as part

of a pig farming program back in the 1980s. at the time he was reported to have said he wasn't impressed but stayed in good contact with those people and he'll be meeting them when he heads back out there many years later. this is how long we've got to go under the u.s. markets, just under five hours. the big three indices looking set for a mostly lower open when trading gets under way on wall street. the three leading indices ended the session higher on monday. among some of the big gainer was goog. its shares rose by 1% on monday. the day won an unconditional approval from the european commission and the u.s. justice department for a takeover the motorola mobility. that deal still needs the nod from regulators in other places across the world, china, taiwan and israel.

i want to bring your attention to another market mover in the united states. a lot of people are attributing a rise in a certain stock to this man. jeremy lin of the new york knicks. he's a player who's become a sensation in the national basketball league. lin's team is owned by madison square garden, an american sports and entertainment country. its shares have jumped almost 10% since lin game his point-scoring spree with the knicks on february 4th. the spike is from monday's session as you can see on the chart. stock gained almost 4%. lin will be hoping to increase his stockpile of points later on tonight. he'll be playing the toronto raptors with his fellow new york knicks teammates. you're watching "world business today." we're heading into a break but it's election spending at its most extravagant. when we come back, the u.s. president releases his budget and taxes. yes, you guessed it. they're at the top of list.

do stay with us if you can.

the owner of one of the world's most iconic building? soon you'll be able to buy a stake in the empire state building. papers were filed on monday. the filing puts the estimated value of the 102-story building at 2.5 billion u.s. dollars. it's said to attract 4 million visitors every single year. staggering figures there. for a 102-story building, one of the world's tallest at one point anyway. welcome back. you're watching "world business today." u president barack obama laid out his budget and affirmed an election year fight over taxes. the budget which in the runup to the presidential vote is as much a political document as an economic one comes with a hefty price tag. this is what it is.

the 2013 it's $3.8 trillion. that includes fresh spending to improve front-runno infrastruct education across the u.s. and boost manufacturing. to pay for his plan, the u.s. president is proposing tax increases for wealthier americans, including households of bringing in $250,000 a year or more. >> let's just common sense it. warren buffett's doing fine. i'm doing fine. we don't need the tax breaks. you need them. you're the ones who see your wages stall. you're the one whose cost of everything from college to groceries has gone up. you're the ones who deserve a break. >> when it comes to x tos, mr. obama's 2013 budget includes a host of repeat performances but there's one promise he won't want to be reminded of. >> today i'm pledging to cut the deficit we inherited by half by the end of my first term in office.

>> well, he's going to have to break that promise, probably big time. check this out. deficit spending for 2012 will be $1.3 billion. take a look at that on the screen behind me. and that will still drop to $901 billion for the following year. in an election year, the president's budge set not expected to get past congress. house republicans will roll out their budget proposal on capitol hill in the coming weeks. these are the kind of figures that we're talking about here. coming up next on "world business today," the business of valentine's day. we'll tell you why a -- means things are coming up roses for horticulturists. that story and plenty more, just ahead. @ [ engine sputtering ]

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european markets really losing their luster in today's session. pairing a number of the gains that we saw yesterday on back of the euphoria coming out of athens after lawmakers there managed to ease and pass austerity measures. after moody's decision to downgrade six european countries that's not playing out well in the markets. welcome back. from cnn london, this is "world business today." now, business is blooming in india where deman for roses has soared this valentine's day. a weakened currency meant increased export orders but domestic demand is up as well. this increasing number of

indians celebrate valentine's day. ma malika qapor reports. >> reporter: it's almost valentine's day and there are a lot of flowers to be cut, packed and shipped. normally the farm produces 10,000 stems a day. ahead of valentine's day this year, it's been producing 15,000. >> the dark colors. >> reporter: barry grows 11 types of roses in eight different colors. 70% of the flowers grown on this farm are for the export market. within just 24 hours most of these roses will end up in europe, the middle east and in japan. barry says a year ago he used to export around 50% of his output. now he exports as much as 70%. orders are going up, he says, because the rupee has gone down. >> it indicates it increases.

there's more deman. we can supply more of what we produce. we will increase the volume of exports. >> reporter: the rupee fell around 14% versus the dollar last year. >> when compared to countries like china or bangladesh, we were always close to anything between 7% to 10% more expensive than those countries. with this, 8% edge that we get, we are not cheaper, we get on to the same playing field with these countries. i think it should help the indian exporters boost sales. >> reporter: he says that may not be enough for india to meet its export target for $300 billion this financial year, given the situation in the u.s. and europe. >> it's just like a perfect rose. >> reporter: demand within india is soaring says this woman who founded this flower shop 30 years ago. she says local florists are just as busy as export farms.

>> now with a lot of young people, sort of expecting, it is a lot of western influence, sort of expecting they should get at least a rose or give a rose. so very often it could be just a small bunch of roses, but, yeah, there's a lot of give and take on valentine's day. >> reporter: and a lot of money exchanged. a rose that she usually sells for as little as 10 cents can cost five times as much around valentine's day. but when there's love in the air, who looks at the price tag. mallika kapur, cnn, western ind india. it is certainly not everyone relishing a spectacle of love on valentine's. some dubbing it singles awearness day or s.a.d. for short. one woman turned her break up into a business opportunity helping to cater for all those valentine's haters. it's called never liked it anyway.com. an ebay-style website where

people can sell presents they've received. even better, each item comes with its own back story. nothing like capitalizing on someone else's crushed relationship. if you want to kmen on that or any of the other stories you've seen on this show, go to facebook.com/cnnwbt and let us know what you think. check out never liked it anyway.com and tell us whether you think that is a good idea as well. we'd like to hear your thoughts. follow us at cn@cnnwbt. i'm nina dos santos in london. we'll see you within four hours time for the next edition of "world business today."

in the meantime, it's good-bye for now. whwhatat m makakeses t thehe r ststorore e didiffffererene?

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