Morning Edition

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RENEE MONTAGNE, HOST:

Transcript

RENEE MONTAGNE, HOST:

Next, we have a tale of globalization, how a single fire at a company in Germany could affect business in Detroit or Shanghai.

STEVE INSKEEP, HOST:

The company is a chemical plant in a town called Marl. An explosion there killed two people. It was a tragedy, but did not seem to have global significance.

MONTAGNE: Until car companies realized that Marl is vital to their business. NPR's Sonari Glinton explains.

Swiss food and drink giant Nestle announced a deal Monday to acquire Pfizer Inc.'s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Before the announcement, Nestle already had the largest share of the global baby-formula market at just under 20 percent.

Sebastian Vettel won the Bahrain Grand Prix over the weekend, but in a larger sense the winners were the race organizers. They managed to hold the race which was canceled last year by political unrest, which was part of the uprisings of the Arab Spring. Bill Law, of the British Broadcasting Corporation, talks to Steve Inskeep about the weekend's events in Bahrain.

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STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep. Renee Montagne is back with us. Renee, welcome back.

RENEE MONTAGNE, HOST:

Glad to be back, Steve. Thanks.

Let's begin with one of the most colorful European leaders, who is on the verge of losing his job. Nicolas Sarkozy has walked the world stage with his supermodel wife on his arm.