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Thursday, April 19, 2007 (PARIS)
Microsoft Corp. Chairman Bill Gates
Elizabeth Dalziel
Microsoft Corp. Chairman Bill Gates

Microsoft expands discounted software program

In an effort to expand its global reach in computing, Microsoft plans to offer a stripped-down version of Windows and Office software for $3 to people in developing nations.
China's economy soars at a blistering 11% pace in first quarter

The strong growth is almost certain to force Beijing to step up its efforts to prevent the economy from overheating.
Altria says first-quarter profit drops 21 percent

Altria Group Inc., owner of the Philip Morris cigarette companies, said Thursday that first-quarter income fell by 21 percent as it saw weakness in domestic cigarette sales.
German economic institutes raise 2007 growth forecast

Economic growth in Germany this year is expected to be much stronger than previously thought, the country's main economic institutes said Thursday.
Tribune falls to 1st-quarter loss

Newspaper and television station owner Tribune Co.said Thursday it swung to a first-quarter loss on weakness in classified advertising.
Foreign direct investment into India nearly tripled to $16 billion last fiscal year

The commerce minister attributed the surge to India's economic boom and increasing liberalization of rules relating to foreign investment.
Indian banks told to cut back on loans to high-risk businesses

Banks should give priority to lending to the productive sectors, Finance Minister Palaniappan Chidambaram said.
SAIC drops hints about tie-up with Nanjing Auto

The chairman of SAIC Motor, the Chinese automaker, said his company hoped to cooperate with its rival, Nanjing Automobile, which now owns the British carmaker MG.
In Russia, the rich just keep getting richer

Forbes magazine's annual survey of the wealthiest 100 Russian citizens published counted 60 billionaires - 16 more than a year ago.
U.S. labor union explores a merger with British unions

United Steelworkers said it wanted to merge with two large British unions, forming the first trans-Atlantic labor group.
Businesses must address global warming, UN officials say

Businesses in both developed and emerging economies must implement environment-friendly operations if they want to compete in this more environmentally aware world, UN officials said Thursday.
- Special Coverage: The Business of Green
Nokia's first-quarter profit fell 6.6 percent
Bank of Japan governor upbeat on economy but offers no clues on rate hike
New pact on derivatives may triple the $8 billion market within a year
Four Asian nations hit hard by the 1997-98 financial crisis face renewed vulnerability
Analysts question Motorola's chance of returning to profitability
Nissan to offer a sedan with a cleaner-burning engine.
Chrysler to build two auto parts plants in Michigan
Dell's share of PC market slumped further in first quarter
EBay results bolstered by newer businesses
Lunar gala offers marketing lesson
Wall Street Journal names Marcus Brauchli as editor
Volkswagen profit doubles
European shares hit by fears weak dollar will hurt exporters
Russia plans tunnel to link Siberia and Alaska
Gazprom completes Sakhalin-2 takeover
The Bangalores of Europe
Former Communist countries in Eastern Europe struggle with health care costs
EU on alert for trade barriers
Offshore wind farm opens off the coast of the Netherlands
Switch to ethanol may be harmful to health, scientist says
U.S. environmental agency ties green issues to bids
American civil rights leader under fire for his ties to Nigeria
U.S. won't take China sanctions off table
Economic worries cast shadow over Europe
Strike closes Indonesian copper mine
Tesco tries to break into Japanese retail market
Business of Green: Is nuclear power worth the risk?
Japan Tobacco acquires Britain's Gallaher Group for $15 billion
IBM strategy shift pays off
Equity group buys Extended Stay Hotels for $8 billion
U.S. Supreme Court ruling limits state control over big banks
U.S. limits access to student loan database
GM steering business to India
GM to cut 1,400 jobs in Belgium
Prodi appeals for Italian buyer for Telecom Italia
Universal Music Group moves closer to winning EU approval on BMG deal
ABN AMRO and Barclays extend merger talks
Business of Green
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Managing Globalization
The IHT's blog by Daniel Altman looking at the day's economic news with an eye on coping with globalization.

The Energy Debate
Are the White House's alternative fuel targets more harmful than helpful
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