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<title>Telecommunications RSS : Gourt</title>
<link>http://business.gourt.com/Telecommunications.html</link>
<description></description>
<dc:language>en-us</dc:language>
<dc:rights>Copyright 2007, Gourt.com</dc:rights>
<dc:date>2009-07-03T17:33+30:00
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<dc:publisher>rtruog@gourt.com</dc:publisher>
<dc:creator>rtruog@gourt.com</dc:creator>
<dc:subject>Telecommunications RSS : Gourt</dc:subject>
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<item rdf:about="http://www.economist.com/businessfinance/displaystory.cfm?story_id=13649152&#x26;fsrc=rss">
<title>Telecoms in Australia: So long, Sol</title>
<link>http://www.economist.com/businessfinance/displaystory.cfm?story_id=13649152&#x26;fsrc=rss</link>
<description><![CDATA[Telstra finally calls an end to its long fight with the governmentONCE a byword for state-run inefficiency, Telstra is now famous instead for corporate belligerence and executive arrogance. For many years the Australian telecoms giant, under its American chief executive, Sol Trujillo, was at war with regulators and successive federal governments over its plans for a high-speed broadband network. The resulting conflict resulted in grievous self-inflicted harm, not least feet peppered with buckshot.In February, after nearly four turbulent years in charge, Mr Trujillo said he would stand down at the end of June, a year earlier than scheduled. On May 8th Telstra announced the resignation of its chairman, Donald McGauchie, who had backed his bruising style. The board has appointed two more conciliatory figures: Catherine Livingstone as chairman, and David Thodey, a Telstra insider, as chief executive. ...]]></description>
</item>

<item rdf:about="http://www.economist.com/businessfinance/displaystory.cfm?story_id=13527945&#x26;fsrc=rss">
<title>The PCCW case: Split decision</title>
<link>http://www.economist.com/businessfinance/displaystory.cfm?story_id=13527945&#x26;fsrc=rss</link>
<description><![CDATA[A pivotal ruling strengthens the hand of Hong Kong&#8217;s small shareholdersLI KA-SHING&#8217;S place in the stratosphere of Hong Kong&#8217;s billionaires&#8217; club was enhanced not only by the vast amounts of money he made for himself, but also by the significant sums that, for many years, his operations made for his shareholders. How this worked was unclear: he has three primary companies and various other entities with overlapping interests including ports, property, energy, telecoms and retail. Opacity, and questions about whether shareholders received fair prices for assets shifted between various entities, resulted in low-level grumbling among local investors. But these were always drowned out by joy over the aggregate success.In recent years tolerance for this casual approach to corporate governance has been wearing thin because of the extended slump in share prices, and because other tycoons who ran similarly convoluted empires did not generate such big returns. But the real blow, ironically, has been delivered by Mr Li&#8217;s son, Richard (pictured). His machinations over Hong Kong&#8217;s dominant telecoms operator, PCCW, have stoked widespread rage and done what many considered to be impossible: inspiring local regulators to take a critical look at the workings of Hong Kong&#8217;s tycoon-friendly financial markets and intervene on behalf of small shareholders. ...]]></description>
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<item rdf:about="http://www.economist.com/businessfinance/displaystory.cfm?story_id=13522171&#x26;fsrc=rss">
<title>Business.view: The PCCW buy-out in court</title>
<link>http://www.economist.com/businessfinance/displaystory.cfm?story_id=13522171&#x26;fsrc=rss</link>
<description><![CDATA[A crucial case for shareholders' rightsIN HIS book &#8220;China and Capitalism&#8221;, David Faure, a historian at the Chinese University of Hong Kong, makes a superb case that China&#8217;s economic decline in the 19th century had its origins in the failure to separate ownership and control. Family-run companies, without the help of vibrant financial markets, could not raise sufficient capital to exploit the large-scale opportunities tied to the rise of the steam engine, notably railways and (with limited exceptions) global shipping and automated manufacturing.The Western answer to this problem was a series of changes to corporate structures to allow investment by outsiders with limited liability. One of the most difficult changes was in attitude: insiders were required to act in the interest of shareholders with stakes too small to force changes in corporate policy. In recent decades, most Asian countries have created capital markets and adopted the basic structure that, in form at least, permits the separation of ownership and control. But the reality is often woefully different. Families remain at the core of most of the large businesses, and they look after their own interests first, and often second and third as well. ...]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8131816.stm">
<title>Rogue trades cost oil broker $10m</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8131816.stm</link>
<description><![CDATA[A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.
]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8131972.stm">
<title>More backing for Rio cash-raising</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8131972.stm</link>
<description><![CDATA[A Rio Tinto rights issue sees strong take-up from existing holders of its Australian-listed shares - after similar UK success.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8133706.stm">
<title>BA to cut spending by one fifth</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8133706.stm</link>
<description><![CDATA[British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/1/hi/in_depth/business/2007/creditcrunch/default.stm">
<title>Making sense of the recession: latest news, analysis and how the crisis affects you</title>
<link>http://news.bbc.co.uk/go/rss/-/1/hi/in_depth/business/2007/creditcrunch/default.stm</link>
<description><![CDATA[ ]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132400.stm">
<title>Eurozone retail sales post fall</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132400.stm</link>
<description><![CDATA[Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy, data shows.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8133236.stm">
<title>Europe nears gas pipeline accord</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8133236.stm</link>
<description><![CDATA[Five European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia.]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8133004.stm">
<title>Mandelson hints at Vauxhall loans</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8133004.stm</link>
<description><![CDATA[The UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, says Lord Mandelson.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132291.stm">
<title>Regulators eye Google book deal</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132291.stm</link>
<description><![CDATA[US anti-trust regulators are to examine Google's $125m deal with book publishers to settle copyright issues, reports say.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8131965.stm">
<title>GM awaits US ruling on sale plans</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8131965.stm</link>
<description><![CDATA[A new General Motors could emerge from bankruptcy protection soon if a US judge approves its plans to sell assets.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132823.stm">
<title>Sahara gas pipeline gets go-ahead</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132823.stm</link>
<description><![CDATA[Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.

]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/technology/8132547.stm">
<title>Billions in virtual cash stolen in online robbery</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/technology/8132547.stm</link>
<description><![CDATA[Details emerge of why billions in virtual cash disappeared from a virtual bank in Eve Online.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/africa/8130334.stm">
<title>Nigerian gas firm Nigaz gets web all of a twitter about &#x27;racist name&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/africa/8130334.stm</link>
<description><![CDATA[A new joint-venture energy firm between Nigeria and Russia has got online communities twittering, after the governments choose the name Nigaz.]]></description>
</item>

<item rdf:about="http://www.bbc.co.uk/go/rss/-/blogs/thereporters/robertpeston/">
<title>Robert Peston&#x27;s blog: Keep up-to-date with the latest business analysis</title>
<link>http://www.bbc.co.uk/go/rss/-/blogs/thereporters/robertpeston/</link>
<description><![CDATA[For the latest business analysis  ]]></description>
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<item rdf:about="http://www.bbc.co.uk/go/rss/-/guidelines/editorialguidelines/advice/">
<title>Guidelines for financial journalists</title>
<link>http://www.bbc.co.uk/go/rss/-/guidelines/editorialguidelines/advice/</link>
<description><![CDATA[ ]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8127161.stm">
<title>Man&#x27;s world?</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8127161.stm</link>
<description><![CDATA[Encouraging more women to work on building sites]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130595.stm">
<title>Feed the poor</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130595.stm</link>
<description><![CDATA[Welfare costs to strain India's budget]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132567.stm">
<title>Rogue trading</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132567.stm</link>
<description><![CDATA[Can one individual have the clout to move markets?]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8113107.stm">
<title>Lost tunes</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8113107.stm</link>
<description><![CDATA[Rare music sleuths make a monkey of the major labels]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130318.stm">
<title>Burning out</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130318.stm</link>
<description><![CDATA[Budget busts mean damp squibs in the US on 4 July]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/americas/8129091.stm">
<title>Mexico&#x27;s woes</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/americas/8129091.stm</link>
<description><![CDATA[US downturn and swine flu batter Mexico's economy  ]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132701.stm">
<title>Construction sees sharp slowdown</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132701.stm</link>
<description><![CDATA[The UK construction sector is expected to shrink by 16% in 2009, according to an industry body. ]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130703.stm">
<title>US job losses worse than expected</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130703.stm</link>
<description><![CDATA[The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8131707.stm">
<title>IMF refuses new aid for Zimbabwe</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8131707.stm</link>
<description><![CDATA[The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled its existing $1bn debts.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8131361.stm">
<title>Pension view &#x27;not radical enough&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8131361.stm</link>
<description><![CDATA[The author of an influential report into the future of pensions in the UK tells the BBC his proposals were not radical enough.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132437.stm">
<title>Union&#x27;s Tesco challenge defeated</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132437.stm</link>
<description><![CDATA[Tesco shareholders vote against a call to end the alleged exploitation of workers in firms supplying meat to the supermarket group.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/asia-pacific/8132548.stm">
<title>Japan rethinks silent hybrid cars</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/asia-pacific/8132548.stm</link>
<description><![CDATA[Japan considers adding noise-making devices to quiet hybrid cars to improve safety for blind pedestrians.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130071.stm">
<title>RBS boss to delay selling shares</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130071.stm</link>
<description><![CDATA[Royal Bank of Scotland says chief executive Stephen Hester will not cash in shares worth up to £3.4m for a further two years.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130328.stm">
<title>Pensions &#x27;threat&#x27; to Royal Mail</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130328.stm</link>
<description><![CDATA[Failure to resolve the Royal Mail's huge pension deficit threatens the UK's universal postal service, it has been claimed.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8133703.stm">
<title>E.On cutting gas prices by 3.3%</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8133703.stm</link>
<description><![CDATA[Energy firm E.On will cut its gas prices for domestic customers by 3.3% - an average of £25 a year - from Saturday.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8132081.stm">
<title>Mortgage repayment quickens</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8132081.stm</link>
<description><![CDATA[Homeowners in the UK paid back a record amount of their outstanding mortgage debt during the first three months of 2009.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8129555.stm">
<title>Crackdown on credit card cheques</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8129555.stm</link>
<description><![CDATA[Unwanted credit card cheques will be banned and a new post created to help consumers get refunds, the government says.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130569.stm">
<title>More defaults expected on loans</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130569.stm</link>
<description><![CDATA[Defaults on loans have risen and are expected to increase in the coming months, a Bank of England survey finds.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8128201.stm">
<title>SAB reaches black ownership deal</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8128201.stm</link>
<description><![CDATA[SABMiller is to allocate 10% of shares in its South African unit to black investors, employees and community groups.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/africa/8126555.stm">
<title>China&#x27;s &#x27;huge Zimbabwe loan&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/africa/8126555.stm</link>
<description><![CDATA[China agrees to give Zimbabwe a loan of $950m (£573m) to help revive its wrecked economy, says Prime Minister Tsvangirai.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8129902.stm">
<title>Hitachi to sell batteries to GM</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8129902.stm</link>
<description><![CDATA[Hitachi says it will supply lithium-ion batteries to General Motors to power the company's hybrid cars from next year. ]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/americas/8129840.stm">
<title>California in &#x27;fiscal emergency&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/americas/8129840.stm</link>
<description><![CDATA[Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn (£14.5bn) deficit.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8129865.stm">
<title>Rio Tinto cash-raising supported</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8129865.stm</link>
<description><![CDATA[Rio Tinto announces that there has been strong support from shareholders for its huge cash-raising exercise.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8128705.stm">
<title>Chinese manufacturing increases</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8128705.stm</link>
<description><![CDATA[China's manufacturing sector grew in June, at a slightly faster pace than in the previous month. ]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130102.stm">
<title>EU blamed for German bank woes</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130102.stm</link>
<description><![CDATA[A German minister blames the European Union for problems in the state Landesbank banking system.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130372.stm">
<title>Euro interest rates kept on hold</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130372.stm</link>
<description><![CDATA[The European Central Bank keeps its key interest rate unchanged at 1% following its monthly meeting.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130543.stm">
<title>EADS wins giant Saudi border deal</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130543.stm</link>
<description><![CDATA[Defence and aerospace group EADS wins a contract worth an estimated $2.27bn (£1.4bn) to help Saudi Arabia improve its border security.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8125731.stm">
<title>Oil companies reject Iraq&#x27;s terms</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8125731.stm</link>
<description><![CDATA[Several of the companies bidding for contracts to operate Iraq's oil and gas fields reject the oil ministry's terms.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8130070.stm">
<title>Indian growth of 7% &#x27;is possible&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8130070.stm</link>
<description><![CDATA[Economic growth of 7% in India is possible this year, according to a report from the country's finance ministry. ]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/8128449.stm">
<title>India&#x27;s exports continue to fall</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/8128449.stm</link>
<description><![CDATA[India's exports fell in May for the eighth month in a row as overseas demand for goods continued to shrink in the global recession.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/04/business/global/04slovakia.html?partner=rss&#x26;emc=rss">
<title>Neighbor&#x2019;s Shadow Still Large in Slovakia</title>
<link>http://www.nytimes.com/2009/07/04/business/global/04slovakia.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Sixteen years after its “velvet divorce” from the Czech Republic, Slovakia is a nation still exuding uncertainty.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/04/business/global/04spot.html?partner=rss&#x26;emc=rss">
<title>Spotlight: Caution Kept Icelandic Bank Clear of the Worst</title>
<link>http://www.nytimes.com/2009/07/04/business/global/04spot.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Margeir Petursson, the chairman and founder of MP Bank, saw the looming crisis long before others did.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/04/business/global/04markets.html?partner=rss&#x26;emc=rss">
<title>A Subdued Trading Day in Asia and Europe</title>
<link>http://www.nytimes.com/2009/07/04/business/global/04markets.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The declines in Asia’s stock markets were more muted than those on Wall Street and in Europe, but they illustrated the same point: That a pullback is in full swing after a three-month rally.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/energy-environment/03renew.html?partner=rss&#x26;emc=rss">
<title>Green Power Takes Root in the Chinese Desert</title>
<link>http://www.nytimes.com/2009/07/03/business/energy-environment/03renew.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Beijing is steering a push toward wind and solar power, while the U.S. is just starting.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/economy/03jobs.html?partner=rss&#x26;emc=rss">
<title>Joblessness Hits 9.5%, Deflating Recovery Hopes</title>
<link>http://www.nytimes.com/2009/07/03/business/economy/03jobs.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The pace of job losses quickened last month with the American economy shedding 467,000 jobs, as unemployment rose to its highest level in 26 years.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/03shorts.html?partner=rss&#x26;emc=rss">
<title>S.E.C. May Reinstate Rules for Short-Selling Stocks</title>
<link>http://www.nytimes.com/2009/07/03/business/03shorts.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/03auto.html?partner=rss&#x26;emc=rss">
<title>Weekend Decision Is Possible in G.M. Sale</title>
<link>http://www.nytimes.com/2009/07/03/business/03auto.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Lawyers for creditors opposing the G.M. bankruptcy plan say the government’s July 10 deadline is “not credible.”]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/03exelon.html?partner=rss&#x26;emc=rss">
<title>Exelon Makes a Higher Offer in Its Long Pursuit of NRG</title>
<link>http://www.nytimes.com/2009/07/03/business/03exelon.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Exelon raised its bid for NRG to $7.43 billion, citing cost savings and NRG’s recent acquisition of Reliant Energy’s retail business.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/global/03yuan.html?partner=rss&#x26;emc=rss">
<title>Markets in China Fly High Once More</title>
<link>http://www.nytimes.com/2009/07/03/business/global/03yuan.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[In a rise reminiscent of an earlier expansion, before the bubble burst in 2008, the Shanghai composite index is up 68 percent so far this year.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/global/03euro.html?partner=rss&#x26;emc=rss">
<title>Europe&#x2019;s Central Bank Holds Rate Steady</title>
<link>http://www.nytimes.com/2009/07/03/business/global/03euro.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Having lowered its main refinancing rate to 1 percent, the bank appears to have adopted a wait-and-see approach to additional stimulus.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/technology/companies/03google.html?partner=rss&#x26;emc=rss">
<title>U.S. Inquiry Is Confirmed Into Google Books Deal</title>
<link>http://www.nytimes.com/2009/07/03/technology/companies/03google.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The Justice Department confirmed it was conducting an antitrust investigation into a settlement of a class action between Google and groups representing authors and publishers.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/global/03fund.html?partner=rss&#x26;emc=rss">
<title>Europe Releases $1.7 Billion to Ailing Latvia</title>
<link>http://www.nytimes.com/2009/07/03/business/global/03fund.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The European Commission said that it would unblock the funds to help the Baltic nation head off a collapse of its economy and maintain its currency link to the euro.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/global/03oil.html?partner=rss&#x26;emc=rss">
<title>Unauthorized Trades Cost London Oil Broker Millions</title>
<link>http://www.nytimes.com/2009/07/03/business/global/03oil.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[An employee at the London oil broker made the transactions, which also contributed to a spike in prices.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/03drug.html?partner=rss&#x26;emc=rss">
<title>Johnson &#x26; Johnson Buys Access to an Alzheimer&#x2019;s Drug</title>
<link>http://www.nytimes.com/2009/07/03/business/03drug.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The American health care giant will pay $1 billion to the Irish drug maker Elan to gain access to Alzheimer’s disease treatments.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/global/03sanofi.html?partner=rss&#x26;emc=rss">
<title>Sanofi Drug for Heart Rhythm Disorder Is Approved</title>
<link>http://www.nytimes.com/2009/07/03/business/global/03sanofi.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Sanofi plans to begin marketing Multaq, generically known as dronedarone, in the United States this summer.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/global/03mine.html?partner=rss&#x26;emc=rss">
<title>Strong Demand for Rio Tinto&#x27;s $15.2 Billion Rights Offering</title>
<link>http://www.nytimes.com/2009/07/03/business/global/03mine.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Rio Tinto said shareholders had taken up for almost all its London shares being offered, and Chinalco, Rio’s top shareholder, took up its full entitlement.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/energy-environment/03renewside.html?partner=rss&#x26;emc=rss">
<title>In Drive for Wind Power, Man Who Led Coal Plant Seeks Atonement</title>
<link>http://www.nytimes.com/2009/07/03/business/energy-environment/03renewside.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Min Deqing says he delayed installing pollution controls at his coal plant, and hopes to redeem himself by promoting clean energy.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/03madoff.html?partner=rss&#x26;emc=rss">
<title>Marshals Take Control of Madoff Apartment</title>
<link>http://www.nytimes.com/2009/07/03/business/03madoff.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Federal marshals took possession of the $7 million Manhattan apartment of the disgraced financier Bernard L. Madoff, an action that has forced his wife to move.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/03/business/03air.html?partner=rss&#x26;emc=rss">
<title>Chicago Computer Problem Stalls United Airlines Flights</title>
<link>http://www.nytimes.com/2009/07/03/business/03air.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[United Airlines struggled to repair a computer problem at O’Hare International Airport in Chicago, causing delays that rippled across the country.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/health/02drug.html?partner=rss&#x26;emc=rss">
<title>Suicide Warnings for 2 Anti-Smoking Drugs</title>
<link>http://www.nytimes.com/2009/07/02/health/02drug.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Federal drug regulators warned that patients should be watched closely for signs of serious mental illness.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02gm.html?partner=rss&#x26;emc=rss">
<title>Clock Ticking on Accord to Sell Good G.M. Assets</title>
<link>http://www.nytimes.com/2009/07/02/business/02gm.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[General Motors must complete the sale of its best assets to a new government-financed company by July 10 or risk losing its financing, a senior Treasury official said.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/media/02moneyball.html?partner=rss&#x26;emc=rss">
<title>Money Worries Kill A-List Film at Last Minute</title>
<link>http://www.nytimes.com/2009/07/02/business/media/02moneyball.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[In a sign of growing caution in the industry, production was halted on a high-profile film starring Brad Pitt just days before shooting was to begin.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/media/02adco.html?partner=rss&#x26;emc=rss">
<title>Advertising: Industry Tightens Its Standards for Tracking Web Surfers</title>
<link>http://www.nytimes.com/2009/07/02/business/media/02adco.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Before the government steps in, a group of advertisers is announcing a set of stricter rules for the data collected on consumers when they surf the Web or shop online.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/arts/music/02sales.html?partner=rss&#x26;emc=rss">
<title>In Death as in Life, Michael Jackson Sets Music Sales Records</title>
<link>http://www.nytimes.com/2009/07/02/arts/music/02sales.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[In total, 422,000 copies of Mr. Jackson’s albums were sold in the week that ended on Sunday as fans snapped up everything in sight.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02facebook.html?partner=rss&#x26;emc=rss">
<title>Facebook to Offer New Features to Allow Users to Control Privacy of Information</title>
<link>http://www.nytimes.com/2009/07/02/business/02facebook.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The company is testing new controls that will allow members to specify which groups or individuals are able to see each text update, photo or video they post on the site.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02lawyer.html?partner=rss&#x26;emc=rss">
<title>Finding Debt a Bigger Hurdle Than Bar Exam</title>
<link>http://www.nytimes.com/2009/07/02/business/02lawyer.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Robert Bowman, an aspiring lawyer, was refused entry to the New York bar because of $400,000 in student debt.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/global/02stress.html?partner=rss&#x26;emc=rss">
<title>Europe Tests Its Banks but May Guard Results</title>
<link>http://www.nytimes.com/2009/07/02/business/global/02stress.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Political figures in Europe remain unsure about the wisdom of naming weak banks.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02madoff.html?partner=rss&#x26;emc=rss">
<title>Trustee&#x2019;s Total of Madoff Losses Nears $3 Billion</title>
<link>http://www.nytimes.com/2009/07/02/business/02madoff.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[With thousands of claims still pending, the documented cash losses in the Madoff Ponzi scheme are nearly $3 billion, according to the bankruptcy trustee overseeing the claims process.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02stanford.html?partner=rss&#x26;emc=rss">
<title>Stanford Executive to Plead Guilty, Lawyer Says</title>
<link>http://www.nytimes.com/2009/07/02/business/02stanford.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[James Davis, the main lieutenant to R. Allen Stanford, plans to plead guilty to fraud and conspiracy after reaching a deal to cooperate against the Texas billionaire, his lawyer said.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02beazer.html?partner=rss&#x26;emc=rss">
<title>Beazer Homes Reaches Deal on Fraud Charges</title>
<link>http://www.nytimes.com/2009/07/02/business/02beazer.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Federal prosecutors filed fraud conspiracy charges against Beazer Homes but agreed to dismiss them if the firm accepts responsibility for certain wrongdoing and pays millions to victims.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02auto.html?partner=rss&#x26;emc=rss">
<title>June Sales at Ford Fall Less Than G.M. or Chrysler</title>
<link>http://www.nytimes.com/2009/07/02/business/02auto.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[June sales figures showed another difficult month for some automakers, yet provided a hint that demand for new vehicles in the U.S. might finally be on the upswing.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/02equity.html?partner=rss&#x26;emc=rss">
<title>F.D.I.C. to Issue Rules for Private Equity Deals</title>
<link>http://www.nytimes.com/2009/07/02/business/02equity.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The agency plans to make it slightly easier for private equity firms to buy failed banks, but require them to provide support if the banks get into trouble.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/economy/02morgan.html?partner=rss&#x26;emc=rss">
<title>Risk Cuts at Morgan May Lead to a Loss</title>
<link>http://www.nytimes.com/2009/07/02/business/economy/02morgan.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Late last year, after the financial crisis, Morgan Stanley made a decision that its biggest rivals avoided: burned by the crisis, it would take far fewer risks in its trading.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/global/02pound.html?partner=rss&#x26;emc=rss">
<title>Official Calls for British Banks to Shrink</title>
<link>http://www.nytimes.com/2009/07/02/business/global/02pound.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Neelie Kroes, the European competition commissioner, says the Royal Bank of Scotland and the Lloyds Banking Group should sell some assets and reduce liabilities.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/global/02kbc.html?partner=rss&#x26;emc=rss">
<title>Troubled Belgian Bank Reshuffles Management</title>
<link>http://www.nytimes.com/2009/07/02/business/global/02kbc.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Under pressure from regulators and investors, KBC replaced the executive who oversaw a plunge into the securitized credit market.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/global/02bank.html?partner=rss&#x26;emc=rss">
<title>2 Midsize Japanese Banks Plan to Merge</title>
<link>http://www.nytimes.com/2009/07/02/business/global/02bank.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The two banks said they would merge next year in a bid to recoup large losses on risky investments overseas and bad loans at home.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/economy/02retail.html?partner=rss&#x26;emc=rss">
<title>Crabtree &#x26; Evelyn Files for Bankruptcy Protection</title>
<link>http://www.nytimes.com/2009/07/02/business/economy/02retail.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The retailer’s soaps and other scented products, sold mostly in malls, are moving more slowly in a recession.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/technology/02gadget.html?partner=rss&#x26;emc=rss">
<title>Gizmodo, Engadget, and Now GDGT</title>
<link>http://www.nytimes.com/2009/07/02/technology/02gadget.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The creator of two successful Web sites that catered to fans of electronic equipment like cameras and cellphones is helping to start a third, featuring reviews written by consumers.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/02/business/global/02asiaecon.html?partner=rss&#x26;emc=rss">
<title>Muted Recovery Seen in Asia, With a Long Way to Go</title>
<link>http://www.nytimes.com/2009/07/02/business/global/02asiaecon.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[In Japan, the closely watched Tankan survey of big manufacturers bounced back from a record low it hit in March, coming in at minus 48 in its June survey.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/06/30/business/30air.html?partner=rss&#x26;emc=rss">
<title>Airline Has Nothing to Hide. Really.</title>
<link>http://www.nytimes.com/2009/06/30/business/30air.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The in-flight safety instructional video and a companion ad series show employees of Air New Zealand unclothed, concealed only by body-painted uniforms and strategically placed props.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/06/29/world/europe/29casinos.html?partner=rss&#x26;emc=rss">
<title>Exiled by Russia: Casinos and Jobs</title>
<link>http://www.nytimes.com/2009/06/29/world/europe/29casinos.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[Russia is closing every legal casino this week, throwing hundreds of thousands of people out of work.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/06/28/business/global/28four.html?partner=rss&#x26;emc=rss">
<title>Pillow Fights at the Four Seasons</title>
<link>http://www.nytimes.com/2009/06/28/business/global/28four.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The owners of Four Seasons hotels want to cut back in bad times, but the company is resisting, to protect the brand.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/06/26/business/global/26reddy.html?partner=rss&#x26;emc=rss">
<title>In India, Central Banker Played It Safe</title>
<link>http://www.nytimes.com/2009/06/26/business/global/26reddy.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The former governor of the Reserve Bank of India is taking a victory lap as the country’s economic growth continues and its banks survive without government help.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2009/07/01/world/europe/01paris.html?partner=rss&#x26;emc=rss">
<title>Paris Journal: As a Meal Tax Shrinks, Restaurants Hope to Gain</title>
<link>http://www.nytimes.com/2009/07/01/world/europe/01paris.html?partner=rss&#x26;emc=rss</link>
<description><![CDATA[The tax on restaurant meals in France is finally dropping, but not many restaurant and cafe owners think it will make a big difference to their businesses.]]></description>
</item>

</rdf:RDF>