Paris, Milan, Tokyo. Tokyo?
January 7th, 2010
Tokyo’s clothing designers are cutting-edge and are frequently imitated, but their markets have remained mostly domestic.
author By HIROKO TABUCHI, source www.nytimes.com
Dubai Opens a Tower to Beat All
January 7th, 2010
In the midst of a real estate crash, Dubai pulled out all the stops to celebrate the opening of the world’s tallest building.
author By LANDON THOMAS Jr., source www.nytimes.com
In Southeast Asia, Unease Over Free Trade Zone
January 7th, 2010
Some manufacturers in Southeast Asia are concerned that cheap Chinese goods may flood their markets as a new free trade area opens this week.
author By LIZ GOOCH, source www.nytimes.com
Emerging Markets Soar Past Their Doubters
January 7th, 2010
Staggering gains this decade in Brazil, Russia, China, India and other developing nations have left even some bulls wondering if the good times can last.
author By HEATHER TIMMONS, source www.nytimes.com
Cold and Signs of Stronger Economy Drive Oil Above $81
January 7th, 2010
Optimism about a recovery in the United States, the cold weather and a softer dollar helped push the price higher.
author By CLIFFORD KRAUSS, source www.nytimes.com
Iceland’s Leader Vetoes Bill to Repay 2 Lenders
January 7th, 2010
The $5 billion compensation deal would have repaid the Britain and Dutch governments for their loans to compensate depositors.
author By LANDON THOMAS Jr. and DAVID JOLLY, source www.nytimes.com
Apple Buys Quattro, an Ad Firm
January 7th, 2010
While Google introduced its first piece of hardware, the Nexus One cellphone, Apple began to take aim at advertising, Google’s bread and butter.
author By CLAIRE CAIN MILLER, source www.nytimes.com
A Once-Defiant U.A.W. Local Now Focuses on G.M.’s Success
January 7th, 2010
U.A.W. Local 1112, long a thorn in General Motors’ side, is now working with the automaker to ensure its success and protect union members’ jobs.
author By NICK BUNKLEY, source www.nytimes.com
Slowing Pace of Home Sales Raises Fears of New Retreat
January 7th, 2010
The number of houses placed under contract fell sharply in November in the first drop in nearly a year, new figures show.
author By DAVID STREITFELD, source www.nytimes.com
U.S. Plans New Charge in Galleon Insider Case
January 7th, 2010
Prosecutors said that they had uncovered additional evidence that Raj Rajaratnam, the billionaire founder of the Galleon Group, reaped $19 million more in illicit profits.
author By ZACHERY KOUWE, source www.nytimes.com
Google Introduces Nexus One, Its Rival to the iPhone
January 7th, 2010
Google stepped up its attack on the wireless industry, unveiling a touchscreen phone that does not lock a consumer into one carrier.
author By MIGUEL HELFT, source www.nytimes.com
Japan Replaces Ailing Finance Minister
January 7th, 2010
Deputy Prime Minister Naoto Kan, who has little fiscal experience, will succeed Hirohisa Fujii and face spiraling public debt and a fading economic recovery.
author By HIROKO TABUCHI, source www.nytimes.com
Asian Computer Makers Move Into Riskier Ventures
January 7th, 2010
Companies that once built devices to Silicon Valley’s specifications are now investing in start-ups so they can compete with their former customers.
author By ASHLEE VANCE, source www.nytimes.com
U.S. Service Sector Shows Modest Growth
January 7th, 2010
The expansion reflected a slowly improving economy — but it was too slight to generate much hiring.
author By THE ASSOCIATED PRESS, source www.nytimes.com
China and Australia Sign Coal Deal
January 7th, 2010
The purchase of Felix Resources of Australia by Yanzhou Coal Mining is a bid to improve investment ties after a year in which Australia had blocked a series of Chinese takeovers.
author By REUTERS, source www.nytimes.com
Some at Fed See a Need to Do More for Housing
January 7th, 2010
Some members of the Federal Reserve suggested the bank may have to expand measures to help mortgage markets.
author By DAVID STREITFELD and JACK HEALY, source www.nytimes.com
China Admits New Tainted-Milk Case Is Older
January 7th, 2010
Chinese regulators said in late December they shut down a dairy factory and arrested three executives for selling contaminated products. On Wednesday, officials admitted that the arrests actually took place last April.
author By DAVID BARBOZA, source www.nytimes.com
Clothing Retailer Says It Will No Longer Destroy Unworn Garments
January 7th, 2010
After the practice was discovered and brought to light by a CUNY graduate student, H & M said it would donate unsold clothes from its Herald Square store to charities.
author By JIM DWYER, source www.nytimes.com
Suit Says 2 Chinese Firms Stole Web-Blocking Code
January 7th, 2010
The Chinese government sought to block Web sites that featured pornography and violent matter as well as political and religious content.
author By MICHAEL WINES, source www.nytimes.com
Client of UBS Gets Probation in Tax Fraud
January 7th, 2010
Federal officials said Juergen Homann, a client of UBS of Switzerland, helped them with a major criminal tax fraud inquiry.
author By REUTERS, source www.nytimes.com