New York Times (World Business)

Facing Losses, German Billionaire Commits Suicide

6 hours 26 min ago
Adolf Merckle’s speculation in volatile Volkswagen shares pushed his sprawling business empire to the edge of ruin.

Gazprom Dispute Entangles Europe

7 hours 33 min ago
Russia’s gas price dispute with Ukraine escalated, disrupting deliveries to the European Union in the midst of a bitter cold spell.

Toyota to Shut Factories for 11 Days

7 hours 39 min ago
Toyota Motor will idle its plants in Japan for 11 days in February and March to reduce output in the face of steeply declining global vehicle sales, the company said Tuesday.

Drop in Inflation Helps Lift European Stocks

10 hours 45 min ago
A report showing inflation plunged last month in the countries using the euro raised expectations that the European Central Bank would cut rates next week.

China Criticizes Google and Others on Pornography

Mon, 01/05/2009 - 23:09
The Ministry of Public Security and six other agencies would work together “to purify the Internet’s cultural environment,” the government said in a statement.

Itineraries: Help in Hot Spots

Mon, 01/05/2009 - 22:02
For business travelers facing sudden illness or acts of terrorism, several companies offer help.

Waterford Wedgwood Is in Receivership

Mon, 01/05/2009 - 21:59
High manufacturing costs, declining demand for luxury goods and a weak dollar overstretched the finances at the Irish maker of luxury crystal and ceramics.

Austria Picks Overseer for Bank in Madoff Case

Mon, 01/05/2009 - 11:45
The management of Bank Medici, which has emerged as one of the largest victims of the Madoff scandal, resigned, leaving day-to-day operations in the hands of an overseer.

The Irish Economy’s Rise Was Steep, and the Fall Was Fast

Mon, 01/05/2009 - 05:15
The Irish developer Sean Dunne, who became a symbol of the country’s boom, faces a foundering economy.

Global Markets Move Higher

Mon, 01/05/2009 - 01:20
Global stocks were mostly higher Monday, adding to their New Year gains for a second session.

Russians Raise Ukraine Gas Bill

Sun, 01/04/2009 - 21:21
A politically tinged dispute over the price of fuel has led to a complete halt in supplies to Ukraine and disruptions to four other Eastern European countries.

Contradictions in China, and the Rise of a Billionaire Family

Sun, 01/04/2009 - 00:10
The story of Liu Yongxing — a former factory worker who is now listed by Forbes as the wealthiest person in China — is a peek into the changes facing China.

Gas Dispute Has Effects Past Russia and Ukraine

Sat, 01/03/2009 - 23:22
Poland, Romania and Bulgaria reported dwindling flows of natural gas after Russia halted shipments to Ukraine.

Russia Gas Row Disruption Spreads to Bulgaria

Sat, 01/03/2009 - 03:31
Russian gas flows to Bulgaria dropped in a fresh sign that Moscow’s decision to cut off Ukraine in a row over pricing was disrupting supplies to some E.U. members.

Manufacturing Reports Show Depth of Global Downturn

Fri, 01/02/2009 - 20:57
New reports from the world’s leading economies showed manufacturing continuing to slump amid the worst slowdown since the Great Depression.

Worldwide, a Bad Year Only Got Worse

Fri, 01/02/2009 - 12:40
After a catastrophic year for global markets, analysts are cautioning investors not to expect the big rebound that usually follows a sharp downturn.

Chinese Court Convicts 11 in Microsoft Piracy Case

Fri, 01/02/2009 - 11:25
Eleven people were convicted of roles in a counterfeiting ring that distributed pirated software around the world.

Madoff Investor’s Suicide Leaves Questions

Fri, 01/02/2009 - 09:09
Relatives said Rene-Thierry Magon de la Villehuchet — who committed suicide in the wake of the Madoff scandal — felt personally responsible losing his clients’ money.

World Markets Kick Off 2009 Brightly

Fri, 01/02/2009 - 04:30
European and Asian indexes rose, but trading volumes remained light ,with many traders not back at their desks until next week.

Russia Cuts Off Gas Deliveries to Ukraine

Thu, 01/01/2009 - 22:12
The Russian energy giant Gazprom shut natural gas deliveries in a move that could spell shortages for Europe.


Breaking News

A European Energy Crisis: Why Ukraine Needs Help in the Gas Row

Spiegel Online - Tue, 01/06/2009 - 08:24
The energy dispute between Russia and Ukraine has escalated and now Europe is suffering disruptions to its gas supplies. Hit hard by the financial crisis, Ukraine is hardly in a position to meet Gazprom's demands.

Venezuela's Chávez Shuts Off Free Oil Program for U.S. Poor

Christian Science Monitor - Tue, 01/06/2009 - 22:00
A sharp drop in oil prices is forcing the country to reduce government spending.

A Giving Recession?

The Economist - Mon, 01/05/2009 - 23:35
Among the more difficult things to forecast for 2009 is what will happen to giving.

Can Businesses Do Well and Do Good?

New York Times - Tue, 01/06/2009 - 04:33
An economist discusses how ethical businesses should be, in light of their duties to their shareholders and to "the greater good."

New Frugality Worsens Downturn

Wall Street Journal - Tue, 01/06/2009 - 12:18
As layoffs and store closures grip the U.S., families embracing frugality are also a major reason the downturn may not soon end.

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