Business news
In Japan, a Basic Airport Betting on Bargain Airlines
Passengers will board from the tarmac at a new no-frills airport north of Tokyo that intends to attract more low-cost airlines to Japan.
Obama Faces Criticism Over Pace of Action on Trade Issues
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.
Japan Revises Fourth-Quarter G.D.P. to Show Smaller Growth
Japan’s economy grew less than initially estimated in the fourth quarter, and a measurement of price trends hit a record low, adding to pressure on the Bank of Japan to ease monetary policy further next week.
Asian Stocks Drop After China Inflation and Lending Data
Asian stocks fell on Thursday as investors fretted over tighter monetary policy in China on the back of strong loan growth and quickening inflation.
A Futures Site Coming to Bet on Movie Ticket Sales
A virtual futures exchange is being assembled to allow people to bet money on a film’s box office success.
Carlos Slim Tops Forbes List of Richest People
The Mexican businessman beat Bill Gates and Warren E. Buffett for the top spot in the 2010 list.
British Airways, American and Iberia Move Toward Alliance
To appease regulators, British Airways, American Airlines and Iberia will cede takeoff and landing spots at airports serving New York and London.
Northrop Withdrawal Brightens Boeing’s Future
Boeing will now have some welcome certainty about its future as a major builder of military aircraft.
Shell and Ingersoll-Rand Curb Business in Iran
The announcements by Ingersoll-Rand and Royal Dutch Shell come as the U.S. is pressing for new sanctions.
Bill to Include Agency That Tracks Financial Risk
The main purpose of the agency, sometimes referred to as the National Institute of Finance, would be to flag problems in the industry before they spread and threaten the wider economy.
