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Despite Economy, Ryanair Chief Plans to Expand

Sat, 11/22/2008 - 5:54am
The chief executive of Ryanair said the economic downturn will force weaker carriers to cut routes, allowing his airline to move in.

Categories: Business

Boris Fyodorov, 50, Dies; Guided Reforms in Russia

Sat, 11/22/2008 - 5:02am
Mr. Fyodorov was prominent among the young economists responsible for post-Soviet Russia’s striking economic reforms.

Categories: Business

Prices in Canada Decline, Raising Fears of Deflation

Sat, 11/22/2008 - 4:24am
Prices in Canada fell by 1 percent on an unadjusted basis between September and October, the largest such decline in 49 years, Statistics Canada reported on Friday.

Categories: Business

Europeana Goes Online and Is Then Overwhelmed

Sat, 11/22/2008 - 2:18am
A new digital library of Europe’s cultural heritage crashed hours after it went online and will be out of operation for several weeks.

Categories: Business

$25 Billion Investment Fund Is Formed to Protect French Industry

Fri, 11/21/2008 - 6:01pm
Vowing to protect French industry from foreign predators and a worsening economic slump, President Nicolas Sarkozy introduced an investment fund of 20 billion euros ($25 billion) on Thursday.

Categories: Business

In Europe, Refinements to a Subsidy System Often Faulted for Big Problems

Fri, 11/21/2008 - 6:00pm
European Union governments agreed Thursday to overhaul the way the trade bloc distributes tens of billions of euros in subsidies to farmers.

Categories: Business

Putin Vows to Fight Economic Collapse in Russia

Fri, 11/21/2008 - 4:31pm
Prime Minister Vladimir V. Putin of Russia announced tax cuts and increased spending on social programs.

Categories: Business

Asian Markets Recover, and Europe Posts Modest Advances

Fri, 11/21/2008 - 10:48am
Asian stock markets followed New York’s plunge but then rebounded when Japan’s finance minister said that governments should be prepared to take action.

Categories: Business

Stocks Drop Sharply and Credit Markets Seize Up

Fri, 11/21/2008 - 10:46am
As a new bout of fear gripped the financial markets, stocks fell sharply again, and the credit markets seized up as confidence in the nation’s financial system ebbed.

Categories: Business

South Africa Is Aiming to Ease Dangers of Digging for Gold

Fri, 11/21/2008 - 6:49am
In post-apartheid South Africa, the welfare of miners — nearly all of them black — is a matter of scrupulous concern.

Categories: Business

For European Airlines, Decline in Premium Ticket Sales Takes a Toll on Earnings

Fri, 11/21/2008 - 5:43am
The worsening economy is squeezing Europe’s flag carriers, with dwindling sales of premium-class tickets starting to take their toll.

Categories: Business

$2.5 Billion Is Added to Bailout for Iceland

Fri, 11/21/2008 - 5:39am
Iceland finally received international backing for its bailout plan on Thursday, as Nordic countries followed up a $2.1 billion loan by the International Monetary Fund.

Categories: Business

France Dominates Europe’s Digital Library

Fri, 11/21/2008 - 4:04am
A new digital library, called Europeana, intends to showcase Europe’s history, literature, arts and science.

Categories: Business