Wednesday, March 31, 2010

Business

Key surveys of manufacturers showed Japan was still struggling while China is surging ahead.

Air Quality in Hong Kong Seen as Possible Liability

HONG KONG — Frustration is growing in Hong Kong with the perpetually poor air quality and the commercial implications for a city with big aspirations.

For Toyota, It’s Business as Usual at Auto Show

Toyota’s display at the New York Auto Show was a vision of normalcy as the automaker was back to its business-as-usual approach.

U.S. Trade Office Criticizes China in Report

The report, along with two new spotlights on technical barriers to manufactured goods and farm exports, comes at a time of rising economic tensions with China.

Hedge Fund Managers’ Pay Roars Back

The recovery of big banks did not benefit just the bankers. It also created huge paydays for hedge fund managers.

President of E.C.B. Expects Confidence in Greece to Grow

PARIS — The European Central Bank chief put a brave face on the country’s financial prospects, even as Moody’s downgraded five Greek banks.

Unemployment and Inflation Inch Up in Europe

PARIS — The jobless rate in the 16-nation euro area inched up to double digits in February, while inflation accelerated by more than economists had forecast.

Pfizer Chief Says Growth Is Imminent

Producing new drugs and adjusting to the changing health care system are two of the tests facing the drug giant.

News Analysis

Risk Is Clear in Drilling; Payoff Isn’t

WASHINGTON — In proposing oil and gas development, President Obama set out to attract bipartisan support while increasing oil production. It is not clear that the plan will do either.

Successes (and Some Growing Pains) at Hulu

Hulu has brought television watching on the Web into the mainstream, but it is coming under increasing pressure from the companies that supply its content.

Release of Client Names Is a Step Closer for UBS

The move is a shift by the Swiss government, which is eager to resolve a simmering feud with the I.R.S.

Moment of Truth for Emission Permits in E.U.

BRUSSELS — Emissions data for Europe is expected to show that a trading system for carbon isn’t living up to its promise.

German Cabinet Agrees on Bank Tax for Bailouts

PARIS — France’s economy minister gave the proposal, which would raise more than $1.3 billion a year, a cautious thumbs-up.

BlackBerry’s Maker Misses Estimates

Research In Motion’s BlackBerry subscriber base grew and smart phone shipments increased.

Sheik Ahmed bin Zayed al-Nahyan, Abu Dhabi Investment Authority’s Chief, Dies at 41

ABU DHABI, United Arab Emirates — Sheik Ahmed led one of the world’s biggest sovereign wealth funds in Abu Dhabi.

Google Links Web Attacks to Vietnam Mine Dispute

HONG KONG — Google says it has identified cyber attacks aimed at silencing critics of a Chinese-backed bauxite mining project in Vietnam.

Macarthur Coal Rejects $3 Billion Bid From Peabody Energy

Macarthur Coal said Wednesday that the offer from the U.S. company did not fully value the Australian coal miner's significant growth prospects.

Former France Télécom Official Says ‘Outsiders’ Exploit Suicides

PARIS — Outsiders have used the wave of suicides at France Télécom to push their own agenda, a former top executive claimed in an interview.

Global Business Features

On China’s Hainan Island, the Boom Is Deafening

SANYA, China — Hainan, a tourist destination in the South China Sea, has become a symbol of China’s economic vitality, or perhaps its excesses.

Today's Columnists
State of the Art

Reviews: Looking at the iPad From 2 Angles

Apple’s iPad (coming soon) seems to be hated by technical types and loved by everyone else. Here are separate reviews for the two audiences.

Economic Scene

Weak Rules on Toxins and Safety

America has not been as aggressive as it could be in alleviating toxic risks in everyday products.

Wheels

New York Auto Show

A speech by Ford’s chief, Ford and Microsoft collaborate, the “A-Team” van and more.

I.H.T. Special Report: Net Worth

How to Choose a Financial Planner

A key to financial success is making decisions with your money that produce solid, long-term returns. Those decisions include whether to hire a financial planner and, if the answer is yes, how to go about it.

DealBook

State of Play in Galleon Insider Trading Case

White Collar Watch looks at how the Galleon Group insider trading case is likely to play out ahead of any trial of the hedge fund manager Raj Rajaratnam and his co-defendant, Danielle Chiesi.

Keeping the Lights On

A fishing village in Veldur, India, awaits the revival of a old power plant with mixed emotions.

China’s Role in Clean Energy

American companies are expanding their clean energy manufacturing facilities in places like China, where labor is cheap and incentives are strong.

The Female Factor

An Afghan Politician Pushes for a Comeback

Malalai Joya, the youngest elected politician in Afghanistan, lives what she calls a fugitive’s life in her own country.

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