Jet Engine Failure Causes Worry on Manufacturer

By JAD MOUAWAD

Wong Maye-E/Associated Press

The damaged engine of the Qantas plane that made an emergency landing on Thursday at Changi Airport in Singapore.

The failure of a Rolls-Royce engine on a Qantas flight was the latest in a series of problems for the engine maker.

News Analysis

Ben Bernanke of the Fed said low rates and debt purchases “helped end the economic free fall.”

Bernanke Fearing Fate of Japan, Not Greece

By SEWELL CHAN 50 minutes ago

WASHINGTON — Ben Bernanke has no control over fiscal policy, and how much he can do with monetary policy is the question.

Markets in Asia Surge Further After the Fed's Move

By BETTINA WASSENER and CHRISTINE HAUSER

HONG KONG — Stocks were cheered by sharp gains in the United States after a Federal Reserve move to stimulate the economy.

Bank of Japan Holds Off on Easing Policy

By REUTERS 11:17 PM ET

TOKYO (Reuters) — The Bank of Japan on Friday kept interest rates at zero as the Fed’s bond buying plan did not trigger yen gains sharp enough to warrant an immediate policy response.

One of six Lockheed Martin C-130J cargo planes India bought for $1 billion.

Wealthy and Worried, India Is Rich Arms Market

By CHRISTOPHER DREW and HEATHER TIMMONS

India, flush with new wealth but worried about its security, is becoming one of the world’s most lucrative arms markets.

American imports to India have nearly quintupled in a decade, helped by brands like Harley-Davidson setting up shop.

Obama to Visit India, and Both Sides Hope to Expand Ties

By VIKAS BAJAJ and HEATHER TIMMONS

MUMBAI — More than 200 executives will accompany President Obama and try to boost the countries’ economic ties.

Oil and Gas Bribery Case Settled for $236 Million

By EDWARD WYATT 9:00 PM ET

WASHINGTON — Federal prosecutors accused the companies of paying at least $27 million in bribes to officials in at least seven countries.

Anticipation that demand for nuclear energy will keep growing have rekindled interest in old uranium mines in the Czech Republic, despite environmental concerns.

Fear Darkens Czech Uranium Mining Town’s Hopes

By JAMES KANTER

STRAZ POD RALSKEM, Czech Republic — While there are acknowledged dangers from pollution and waste, some say there are benefits to reopening a mine.

Jean-Claude Trichet, president of the European Central Bank, said the Fed's move would not force the bank to change its strategy.

European Central Bank Keeps Rates at Record Lows

By JULIA WERDIGIER and JACK EWING 9:58 PM ET

LONDON — The Bank of England also decided against new stimulus measures after data showed that Britain’s recovery was displaying some resilience.

Ireland Plans More Budget Cuts to Reassure Bond Investors

By LANDON THOMAS Jr.

LONDON — Seeking to stem its rising cost of borrowing, Ireland proposed further spending cuts and tax increases in its 2011 budget to shrink its deficit.

Many consumers are closely watching their spending amid the uncertainties about the economy, and in particular the job market.

Retailers Tally a Mixed October as Sales Rose 1.6%

By STEPHANIE CLIFFORD 10:47 PM ET

Varied results last month made it difficult to foresee how the holiday shopping season would turn out.

Emerging-Market Countries Criticize Fed Decision

By BETTINA WASSENER 12:50 PM ET

HONG KONG — Policy makers fear that the Federal Reserve’s new measures could increase the flood of cash into their fast-growing economies.

Alcatel Lucent Sees 'Turning Point' After Deals in U.S. and China

By KEVIN J. O'BRIEN 9:40 AM ET

BERLIN — The company announced its first quarterly profit of the year and $5.7 billion in deals to build high-speed wireless networks and supply other gear.

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I.H.T. Special Report: Business of Green

A screen shot from the Greenpeace Web site showing the organization’s Facebook campaign.

Facebook Under Pressure to Be Greener

By KATE ROSS

PARIS — A new data center will be powered by PacifiCorp, which gets 58 percent of its energy from coal.

Today's Columnists

High & Low Finance

Is It Really a Pension? It’s a Problem

By FLOYD NORRIS 22 minutes ago

Social Security was set up to reduce poverty among the elderly and disabled, but it was sold as a pension plan — and that’s one reason it is so hard to contain.

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Global Business Features

Finding Art in Energy in the United Arab Emirates

By HILLARY BRENHOUSE

NEW YORK — A new renewable energy initiative could bring power generators, which are built to be aesthetically and functionally integrated into the landscape, to the Middle East.