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Showing posts with the label NYT Afternoon Business Update

NYT : Afternoon Business Update : Insdia Expanding as Global Drug Producer. July 6th., 2010

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India Expanding Its Role as Global Drug Producer By HEATHER TIMMONS India's drug industry is on track to grow about 13 percent this year, to just over $24 billion in sales. Wall Street Can't Hold On to Gains By CHRISTINE HAUSER After an early jump, American markets fell into a familiar pattern by sliding late in the day. U.S. Service Sector Grew More Slowly in June 10:38 AM ET   Paris Aims to Curb Apartment Rentals to Tourists By JEAN RAFFERTY There is confusion about a French law that prohibits the renting out of residential apartments for less than a year. Britain Is Puzzled by Its Inflation Problem in a Downturn By JULIA WERDIGIER Some economists fear that interest rates could go up too soon - and send Britain back into recession. Nokia to Exit Wireless Modem Business By KEVIN J. O'BRIEN Nokia is selling the business to Renesas Electronics of Japan for $200 million, as stiff competition from Chinese companies has driven down prices for

NYT. Afternoon Business Update, March, 30th, 2010

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BUSINESS Ford Shifts and Gains Ground in Asia By KEITH BRADSHER and VIKAS BAJAJ Ford has cut back on luxury models and increased output of smaller, fuel-efficient cars. Chrysler Expects to Break Even This Year By MICHELINE MAYNARD The company also said it would present a five-year plan in April that would outline its steps to get back to sustained growth. Toyota Sees Sales Rebounding By MICHELINE MAYNARD and HIROKO TABUCHI As executives charged with overseeing safety met in Japan, Toyota said its sales most  likely rose in March. Technology Coalition Seeks Stronger Privacy Laws By MIGUEL HELFT Microsoft, Google and other companies are pushing to protect private information from government access. U.S. Home Prices Inch Up, but Worries Remain By DAVID STREITFELD While the Case-Shiller index showed p

NYT : Afternoon Business Update

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BUSINESS Financial Overhaul Is Next Priority of Democrats By SEWELL CHAN The overhaul appeared to be gaining momentum as two key Republican senators said they expected a bill to pass. New Home Sales Weaken in February By JAVIER C. HERNANDEZ The report, along with a bleak report on existing home sales this week, dimmed hopes for  a fast housing recovery. Euro and Markets Feel Downgrade of Portugal Debt By DAVID JOLLY Markets in Europe and on Wall Street, however, were mixed after Portugal’s debt was downgraded by Fitch Ratings. Appeals Court Stays Order to Turn Over Galleon Wiretaps By MICHAEL J. DE LA MERCED A federal appeals court on Wednesday granted a motion by hedge fund manager  Raj Rajaratnam to stay the turnover of wiretap recordings to the Securities and Exchange Commission, pending an appeal. Google Official

NYT: Afternoon Business Update, March 23rd., 2010

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BUSINESS White House Takes Steps to Replace Fannie and Freddie By SEWELL CHAN The first step includes seeking comment on the appropriate role of the government in housing policy and housing finance. Google Faces Fallout as China Reacts to Site Shift By MICHAEL WINES and JONATHAN ANSFIELD Google’s China operations came under pressure as some content from its uncensored Hong Kong site was blocked. An Upside to Greece's Predicament? By JACK EWING and NIKI KITSANTONIS Things are so bad that even a little reform would go a long way to stimulate economic growth if the government can maintain public support. Germany Seems to Signal a Compromise on Greece By STEPHEN CASTLE Berlin indicated that it might allow European aid for Greece but that it would demand tougher budget discipline rules. 6 Arrested in British Insider-Trading I

NYT: Afternoon Business Update, March 2nd, 2010

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      NYT :  AFTERNOON BUSINESS   UPDATE At Auto Show, Carmakers Put Up a Good Front By JACK EWING Even as car companies struggle to pull out of a deep crisis, they are not scrimping on auto  show bombast. G.M. Triples Opel Investment By JACK EWING General Motors said it would put $2.6 billion into its Opel and Vauxhall units and reduce the amount it is seeking from European governments. Apple Sues Phone Maker HTC Over Patents By NICK BILTON Apple filed a lawsuit against HTC, maker of the Google-designed Nexus One, asserting that it infringed on patents related to the iPhone. NEWS ANALYSIS U.K. Teeters on the Brink of Its Own Greek Tragedy By LANDON THOMAS Jr. A growing worry that the coming elections here could result in a hung Parliament has  sparked fears that Britain will experience its own sovereign-debt meltdown. Greece Set to Release A

NYT Afternoon Business Update

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BUSINESS Stocks Rally on Hopes of Greek Bailout By JAVIER C. HERNANDEZ Stocks climbed on hopes that European officials would move to rescue Greece from its debt troubles. New European Leadership Faces Economic Hurdles By STEPHEN CASTLE The European Parliament voted a new European Commission into power, endorsing Jose Manuel Barroso for a second five-year term as its president. Opel’s Strategy Has Fewer Jobs and Less Capacity By JACK EWING Opel, G.M.’s European unit, says it plan to become profitable by 2012 by cutting its work force by 8,300 while introducing many new models. China Overtakes Germany as Top Exporter By JUDY DEMPSEY Chinese exports amounted to $1.2 trillion in 2009, while German exports totaled $1.1 trillion, or €797 billion, the German Federal Statistical Office said. SQUARE FEET New Jersey, Home of the Servers By JOTHAM SEDERSTROM Commercial real estate is experiencing a boom in data center construction, es