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New York Times: Global business

A Contrarian Bets Ireland and Hungary Will Rebound

Michael Hasenstab, whose Franklin Templeton Global Bond Fund owns billions in Irish and Hungarian bonds, is drawing comparisons to the giants of the mutual fund industry.

Greek Leaders Struggle for Agreement on Cuts

Driving the talks has been a clear recognition that the ever-worsening collapse of the Greek economy will require another increase in bailout funds.

Nokia to Cut 4,000 Jobs at 3 Factories

The reductions are the second wave of job cuts at Nokia under Steven Elop, a former Microsoft executive.

Regulators Order Inspections for Entire Airbus A380 Fleet

The news that A380 wing bracket cracks could be more widespread comes at a time when Boeing is grappling with what it said were minor defects on its 787 “Dreamliner.”

Airline Emissions System May Be Adjusted in Europe

A European Union official said the bloc could suspend the requirement that non-E.U. airlines offset their emissions if progress were made toward establishing a global system.

DealBook: Yahoo Shakes Up Board

Four long-serving directors will leave, and two new members have been named, following the resignation of the co-founder Jerry Yang.

DealBook: R.B.S. Chief Considered Stepping Down

The head of the nationalized Royal Bank of Scotland, Stephen Hester, told the BBC he had considered resigning after heavy pressure from British politicians led him to waive his $1.5 million bonus.

As Growth Slows, India Awakens to Need for Foreign Investment

India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.

BP Reports Stronger Q4 Earnings in 2011

The British oil company also reiterated its desire for a "fair and reasonable" settlement ahead of a trial on liability for the 2010 Gulf of Mexico oil spill.

DealBook: Glencore to Buy Full Control of Xstrata for $41 Billion

Glencore International, the world’s biggest commodities trading company, has agreed to buy Xstrata in a deal that would create a company valued at nearly $90 billion.

American Embargo on Cuba Has 50th Anniversary

The world is much changed since 1962, but one thing has remained constant: The United States’ economic embargo on Cuba, a near-total trade ban that turned 50 on Tuesday.

Walmart to Add ‘Great for You’ Label to Healthy Foods

As part of a plan to improve the nutritional quality of the food it sells, Walmart said that it would begin placing a label with the words Great for You on its Great Value and Marketside food items.

2 Rulings Uphold Media Rights in Europe

Both verdicts by the European Court of Human Rights referred to the often-tricky balance between the media's right to expression and an individual's right to privacy.

Brisk American Sales Lift Toyota’s Profit Estimate

Toyota raised its annual profit forecast Tuesday despite a 13.5 percent decline in the quarter ended in December that followed production cutbacks in the aftermath of Japan’s tsunami.

Coca-Cola’s Profit Beats Estimates

The world’s largest soft-drink maker reported a net income of $1.65 billion in the latest quarter, beating analysts’ estimates.

DealBook: Europe's Banks Reluctant to Lend to Companies in Need of Cash

As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend.

Italian Tax Crackdown Finds Surprising Targets

Makers of Vatican souvenirs and vacationers at Alpine resorts are among those being caught in a high-profile effort to find billions in undeclared income to help balance Italy's budget.

Obama Imposes Freeze on Iran Property in U.S.

The actions include freezing all property of the Central Bank of Iran, other Iranian financial institutions and the Iranian government in the United States.

Deal Professor: Goldman, on Both Sides of a Deal, Is Now in Court

Goldman Sachs appears to have done nothing improper in advising Kinder Morgan and the El Paso Corporation in a deal, but it raises questions about how investment banks do business.

Green Column: Should Plastic Bags Be Banned?

Governments around the world are wrestling with the question of what, if anything, to do about plastic bags, and there are few figures to support any of the arguments.

On the Road: Hotel Bookings and the Educated Guess

Priceline’s “name your own price” feature is not perfect, but its deals on hotel rooms can be worth the effort.

Itineraries: Trench Coats, Vacuum-Seal Bags and Other Ways to Avoid Airline Fees

As airlines come up with ever more ancillary fees, travelers are figuring out creative ways to avoid them.

It’s the Economy: It Is Safe to Resume Ignoring the Prophets of Doom ... Right?

Why lots of the smartest economists believe the worst is yet to come.

The iEconomy: Apple’s iPad and the Human Costs for Workers in China

A staggering manufacturing system in China has made it possible for Apple and other companies to make devices almost as quickly as they can be dreamed up, but for workers, it can be dangerous.