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Erdogan Thwarting Judges Amid Army Probes Fails to Upset Turkey's Markets Prime Minister Recep Tayyip
Erdogan, whose government is already backing an investigation of
senior Turkish military officers, this month will seek curbs on
a judiciary that has teamed with the army to oppose his
Islamist-rooted party.
Mexico Tourism Drops as Drug Gangs, Economy Rain on Spring Breakers' Party Mexican tourism revenue may decline
for a second year as violent clashes between drug gangs and a
weak U.S. job market threaten to spoil its spring break party.
Traders' Mobile Phones Would Be Recorded in U.K. Plan to Curb Inside Deals Traders’ mobile-telephone calls may
be taped in an effort to stamp out insider trading, according to
proposals from the U.K. financial regulator.
Zapatero's Campaign to Avoid Greek Deficit Fate Hobbled by Spanish Regions Prime Minister Jose Luis Rodriguez
Zapatero’s drive to show Spain can avoid Greece’s fate is being
held hostage by the country’s regional governments.
Malone's Liberty, Elliott Said to Drop Out of Metro-Goldwyn-Mayer Bidding John Malone’s Liberty Media Corp.
and hedge fund Elliott Management Corp. have decided not to bid
for the Metro-Goldwyn-Mayer Inc. movie studio, according to
people with knowledge of the bidding.
Obama's Job Disapproval Rating Tops Approvals for First Time: Chart of Day As President Barack Obama enters
his final drive for congressional passage of health-care reform,
the number of Americans who don’t like the job he’s doing has
climbed above the level who approve for the first time.
Giorgio Armani Said to Postpone Hotel in Dubai Tower by More Than a Month Giorgio Armani’s first hotel, due
to open in Dubai’s Burj Khalifa today, will be delayed by more
than a month, said two people with knowledge of the plan.
Ford Chief Mulally Says Talks to Sell Volvo Cars Unit to Geely Continuing Ford Motor Co. Chief Executive
Officer Alan Mulally said talks to sell the automaker’s Volvo
unit to China’s Zhejiang Geely Holding Group Co. are proceeding,
rebutting local media reports the deal could be delayed.
Coal Beats Solar as Analysts Favor Peabody Amid Shrinking Green Subsidies Wall Street’s contribution to the
debate on how to curb global warming: Buy coal, sell solar.
Russia Wields Three-Pronged Policy Fix to Cap Ruble, Steer Uneven Recovery Russia, the biggest economy still
cutting interest rates, will probably deploy a three-pronged
strategy to steer an uneven recovery as the ruble soars,
inflation hovers at a 12-year low and bank liquidity swells.
`Pink Slip Party' Host Has $2.2 Million Payday as Tokyo Bankers Find Jobs Soichiro “Swimmy” Minami parlayed
a get-together for laid-off bankers into a $2.2 million paycheck
in less than a year.
Jerome York, Apple Director, Is Critical After Suffering Brain Hemorrhage Jerome York, a director of Apple
Inc. and former chief financial officer of International
Business Machines Corp. and Chrysler Corp., was hospitalized in
critical condition today in Pontiac, Michigan.
Eaton Vance's Cirami Wins Greek Bet Five Years After Buying Credit Swaps Michael Cirami, co-manager of the
$2.2 billion Eaton Vance Global Macro Absolute Return Fund,
waited five years for investors to realize that insurance on
Greek government bonds was too cheap.
For a Head Start on China's GDP Growth, Study Power Output: Chart of Day Investors looking for an early
indication on expansion in China, the world’s third-biggest
economy, can study the latest power production, which signals
“robust growth,” Standard Bank Plc said.
Panasonic Profit May Be Boosted More Than $885 Million by Sanyo Purchase Panasonic Corp., which acquired a
controlling stake in battery maker Sanyo Electric Co. in
December, may boost annual profit by more than 80 billion yen
($885 million) in three years by merging operations.
Rich China Communists Echo U.S. Tea Party Activists in Property-Tax Debate Zong Qinghou, China’s richest man,
says a property tax will hurt homeowners. Wang Jianlin, the 16th
wealthiest, agrees. Lu Guanqiu, No. 19, says China isn’t ready
for such a levy.
India May Create Fund to Buy Overseas Energy Assets Amid China Competition India, with $254 billion of
foreign-exchange reserves, may create a sovereign wealth fund to
help state companies compete for overseas energy assets with
China, a government official said.
Mercedes Bets `Old Man' Car Image Ends With Schumacher's Formula 1 Return Mercedes-Benz scored a publicity
coup by luring Michael Schumacher out of retirement to race for
its new Formula One team. It might backfire if he can’t keep up
with drivers a generation younger.
Disney World Bullet Train May Spur U.S. Sales of Japan, China Locomotives Walt Disney World in Florida may be
the next stop for bullet-train makers in Japan and China.
GDF, Siemens, Alstom Turn to Saudi Partners for $400 Billion in Contracts ACWA Power International, the
biggest Saudi power project developer, was rebuffed by GDF Suez
SA and Marubeni Corp. in 2004 when it proposed partnering to bid
for a $2.4-billion desalination and power plant.