In response to the government suit, Amazon.com, which controls about two-thirds of the market for e-books, plans to bring some major titles down to $9.99 or less, from $14.99. The government’s announcement that it plans to go after Apple and major book publishers over e-book pricing is a big boost for the ...
SEOUL: Prime Minister Manmohan Singh arrived on a for a four-day visit to South Korea where he is expected to unveil steps conceived by India to tackle challenges of nuclear terrorism before 57 world leaders at the Nuclear Security Summit here. South Korea’s Vice Foreign Minister Kim Sung-han received the ...
U.S. stocks closed Wednesday lower, with the S&P 500 stalled near a 10-month-old high after weak data on European business activity raised concerns about a recession in the euro zone. Bank shares were the biggest decliners due to U.S. banks’ exposure to Europe. Oil services companies rose, nearly offsetting the ...
Traders work on the floor of the New York Stock Exchange. Stocks rallied Thursday, with the Dow nearing the 13,000 mark. Stocks rallied Thursday, with the Dow Jones industrial average nearing the 13,000 mark, on strong U.S. economic data and indications that euro-zone leaders were on track to approve a ...
DAVOS, SWITZERLAND — When a few thousand of the world’s leaders in business, politics, culture and social action gather in the shadow of the Magic Mountain, you get a bird’s-eye view of how we interpret and deal with contemporary life. For many of us, that life can seem extraordinarily accelerated. ...
PARIS — The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system. In Nigeria last week, IMF Christine Lagarde said the IMF’s 4 percent growth forecast for ...
This is the new lower, meaner, tougher, Volkswagen Beetle for 2012. With this car, VW’s hoping to attract a broader audience — specifically, more men — than previous, bubblier-looking versions. And it is a cooler looking car. There’s just a hint of toughness behind that sunny smile. But don’t let ...
Former Goldman Sachs director Rajat Gupta will surrender to the FBI on Wednesday to face criminal charges related to an ongoing insider trading investigation, sources close to the case told The New York Times and Reuters. Only on msnbc.com Super-social gene may hold clues to autism, other ...
Robert Stolarik for The New York Times Police faced demonstrators associated with the Occupy Wall Street movement in Times Square on Saturday. More Photos » Buoyed by the longevity of the Occupy Wall Street encampment in Manhattan, a wave of protests swept across Asia, the Americas and Europe on Saturday, ...
HONG KONG — People throughout the Asia-Pacific rallied on Saturday to protest the widening gap between rich and poor as part of a planned day of demonstrations in dozens of cities across the world against the global financial system. Most events drew modest numbers across Asia — the largest crowd ...
BRUSSELS: Europe’s failure to tackle crippling Greek debt is “scaring the world,” US President Barack Obama warned as Germany rejected plans to boost funding for the EU’s debt rescue facility. Asian stocks rallied sharply Tuesday, following a see-sawing recovery on US and European markets as investors absorbed mixed messages over ...
The Europeans are suddenly uncomfortable in their new role of living in losing economies. Earlier they wallowed in wealth accumulated over the centuries through banking and subsidized industry. The USA has pushed its borrowing and consuming model a tad too far. Debasish Roy insists the crisis is just new equations ...
WASHINGTON: The ongoing economic recovery in the emerging Europe and Central Asian region is advancing at a slow pace and is at risk from the euro zone debt crisis, the World Bank said. “Most countries in emerging Europe and Central Asia have recovered from the global economic crisis, but growth ...
Orestis Panagiotou/European Pressphoto Agency The riot police in Athens on Sunday confronted protesters who oppose austerity measures. Slower economic growth throughout Europe, and probably in the United States. Huge losses by major European banks. Declining stock markets worldwide. A tightening of credit, making it harder for many borrowers to get ...
BOSTON — For advocates of gender equality, this week’s ouster of two of Corporate America’s most powerful women served as a reminder of how little progress U.S. companies have made in promoting women to executive positions. In particular, Yahoo Inc’s decision to fire Chief Executive Carol Bartz — by phone, ...
LONDON — As the phone hacking scandal in Britain continues to gnaw at Rupert Murdoch’s media empire, a parliamentary panel opened new hearings on Tuesday, seeking to determine who knew about unauthorized voice mail intercepts ordered by the now defunct News of the World tabloid. Mr. Murdoch ordered the newspaper ...
Gordon Welters for The New York Times Milena Oschmann, right, campaigned for the party last month in Berlin. She said Greens from Greece and Japan had visited to study the Germans’ success. BERLIN — A string of Green Party victories and strong electoral showings across Germany, from the conservative south ...
