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home : ny times rss feeds : global business October 15, 2018

When Designer Steel From Lapland Makes Sense, DespiteTariffs
The Finnish steel manufacturer Outokumpu has access to mineral deposits that give it a clear advantage over U.S. makers. But Trump’s tariffs are raising prices for American customers.... More >>

Pensions Get Bolder in Challenging Private Equity on Investments’ Human Cost
Public funds are flexing their financial might with private equity on issues from severance for Toys “R” Us workers to workplace harassment.... More >>

Google Plus Will Be Shut Down After User Information Was Exposed
Google did not notify authorities of the vulnerabilities in Google Plus, which exposed the data of up to 500,000 users.... More >>

Why Some Amazon Workers Are Fuming About Their Raise
Last week the company was praised for increasing what it paid its warehouse workers. Now the company is explaining what that means for bonuses and stock grants.... More >>

Former Trump Aide Hope Hicks to Join Fox as Communications Chief
As the Murdoch media empire undergoes a dramatic change, it turns to the president’s former communications director.... More >>

Orsted, a Giant in Offshore Wind Farms, Makes a Move in the U.S.
The Danish company’s acquisition of the Rhode Island-based Deepwater Wind is a sign that the United States is growing in appeal to clean energy developers.... More >>

Disney’s TV Division Makes Room for Fox Executives
Peter Rice, now the president of 21st Century Fox, is set to take on the top TV role, once Disney’s $71.3 billion deal for Fox is formally approved.... More >>

Facebook’s New Gadget Is a Video-Chat Screen With a Camera That Follows You
At a time when trust in its services is eroding, the social network introduced Portal and Portal Plus, its first major effort to build consumer hardware from scratch.... More >>

Shipping Industry Stares Down New Fuel Restrictions
The United Nations is taking on shippers as it tries to reduce the air pollution from sulfur-based fuels used by the maritime industry.... More >>

A New Director for International Association of Culinary Professionals
Tanya Steel, who spent years with Condé Nast and worked with Michelle Obama, has big plans to bolster the culinary group Julia Child helped start.... More >>

Breakingviews: Why German Trucks May Become a Target for Activist Investors
German vehicle manufacturers rarely take a lead in corporate governance, but Volkswagen and Daimler may be forced to when separating out their truck businesses.... More >>

How Will Google Play Its New Product Announcements on the Back of a Data Scandal?
Google is dealing with the disclosure that it exposed personal data of up to 500,000 users, but will hope its new products can take investors’s minds off the debacle.... More >>

DealBook: The Unknowable Fallout of China’s Trade War Nuclear Option
China holds more than a trillion dollars in United States debt, and an escalating trade war could tempt it to wield that debt in a way that has long been unthinkable.... More >>

DealBook Briefing: Google’s Turn for a Data Scandal
The tech company decided not to go public about a vulnerability that exposed user data. That may have been a bad idea.... More >>

In Medical Reporting, the Impact of Patients’ Stories
A highly unusual response to my article on insurance obstacles to obtaining powerful new cholesterol-lowering drugs came from the very top: the leaders of one of the two companies making the drugs.... More >>

Five Oil and Gas Executives in Their Own Words
Energy insiders reflect on an industry and a production and environmental crosspoint.... More >>

The Magic Kingdom Is Going Green
Disney is turning to solar power generated just outside its huge Florida theme parks.... More >>

For BP’s Chief, Technology and the Environment Matter Most
Nearly a decade after the oil rig disaster in the Gulf of Mexico, Bob Dudley talks about his firm’s focus on the future.... More >>

Foretelling the Future of Oil
No one knows for certain how the oil industry will fare in decades to come, but few issues are more important to geopolitics and the planet’s climate.... More >>

Environmental Activists Focus on Museums That Take Oil Money
The battle on ethical funding is being waged at art institutions around the world.... More >>

Saudi Arabia Still Dreams of Taking Its Oil Company Public
Saudi Aramco has pulled back on its hoped-for $2 trillion stock sale, but it’s determined to move ahead when conditions are optimum, the Saudi energy minister says.... More >>

In Nigeria, Plans for the World’s Largest Refinery
Africa’s richest man, Aliko Dangote, hopes his $12 billion complex will turn his country into a petroleum powerhouse.... More >>

Personal Journeys: 7 Hours of Travel, 2 Hours on the Ground: Worth It for the Rewards Points
She was a woman on a mission. An inane, pathetic mission, but a mission nonetheless: Get enough points to qualify for the ‘A’ List.... More >>

Marriott’s Merger of Hotel Rewards Programs Tests Members’ Loyalty
Frequent travelers who were in Starwood’s program — and Marriott customers, too — were used to being pampered. Now, they’re complaining of hours on the phone.... More >>

Another View: The S.E.C. Dusts Off a Never-Used Cyber Enforcement Tool
The agency used a five-year-old cybersecurity rule for the first time to censure Voya. That should set off alarms for companies under its purview.... More >>

Richard Alston Dance Company to Shutter in 2020
The troupe, which has played an important role in British dance, is losing its access to funding.... More >>

Stocks Appear Set to Fall Further as Bond Yields Stay High
As investors continue to seek respectable returns in the safety of government bonds, major stock indexes look set to decline for another day.... More >>

Mike Pompeo and His Chinese Counterpart Trade Harsh Words
A sharp exchange between Secretary of State Mike Pompeo and Foreign Minister Wang Yi stripped away the usual diplomatic veneer.... More >>

DealBook Briefing: The China Trade War Could Decimate Deal-Making
Running out of options to fight a trade war with America, Beijing could instead hold up or kill takeovers that require its approval.... More >>

2018 Nobel in Economics Is Awarded to William Nordhaus and Paul Romer
Mr. Nordhaus was recognized for pioneering the economics of climate change, and Mr. Romer for explaining the role of ideas in fostering growth.... More >>

Who Knew? These Countries Are All Oil Producers
Barbados turns out only 1,000 barrels a day, while France produces 16,418.... More >>

In a Prize for Big Oil Firms, Caspian Deal Eases Access
An agreement on the Caspian Sea’s status resolves one problem in an oil region with many of them.... More >>

Sovereign Wealth Funds Embrace Their Growing Ambitions
Once regarded mostly as sources of money for professional money managers, sovereign funds have matured into aggressive investors.... More >>

Oil Company Headquarters Make a Powerful Statement
“Great architecture by great architects is a way to physically manifest success, because big buildings equal big profits in people’s minds.”... More >>

Update: Kurdistan and the Battle Over Oil
No end is in sight in the fight over control of the oil-rich semiautonomous region of Iraq.... More >>

Satellites Aid the Chase for Better Information on Oil Supplies
Inaccurate statistics on how much oil is being produced on any given day can affect the oil market.... More >>

The Most Powerful Oil Men in the World
Saudi Oil Minister Khalid al-Falih and his Russian Counterpart, Alexander Novak, are the petroleum industry’s most buzzed about duo. Here’s why.... More >>

The Oil Industry Is Enjoying a Boom, but Will it Last?
The giant global oil companies’ cash flow has grown 10-fold in four years, but they are cautious, even anxious, about the future.... More >>

China Wants to Strike Back on Trade. Big U.S. Deals Could Suffer.
Disney-Fox and United Technologies-Rockwell Collins could face scrutiny from Beijing, but it is not clear if regulators are affected by trade tensions.... More >>

Tech Workers Now Want to Know: What Are We Building This For?
Tech employees concerned their products are being deployed for government surveillance or censorship are increasingly asking their employers how the technology is being used.... More >>

Venom and Lady Gaga Push Movie-Ticket Sales to an October Record
Huge turnout for “Venom” and “A Star Is Born” gave Hollywood its best October weekend ever. “Venom” came in first place, but both films exceeded expectations.... More >>

Wall Street Is Booming Under Trump. But Many of Its Donors Are Embracing Democrats.
The financial community is on pace to give more money to Democratic congressional candidates and incumbents than their Republican counterparts.... More >>

Student Loan Collector Navient Considered Settling. Then Trump Won.
Talks between the big student debt collector and the government broke down after President Trump’s victory. Now Navient is making its case not just in court but in person.... More >>

The Week Ahead: Nobel in Economics to Be Awarded, and Big Banks Begin Reporting Earnings
Google plans to unveil an array of new products, and trade and U.S.-China tensions are expected to be discussed at the I.M.F.-World Bank meetings.... More >>

Flashy Science Hub and Vaping Parties Fail to Win Friends at W.H.O. Tobacco Talks
Industry representatives, who were barred from the negotiations, ultimately failed to get delegates to designate a special exemption for new products.... More >>

Pret A Manger Says a 2nd Customer Died of Allergic Reaction
The sandwich chain said a customer died in December after eating nondairy yogurt that mistakenly included dairy proteins.... More >>

China to Pump $175 Billion Into Its Economy as Slowdown and Trade War Loom
The move by the Chinese central bank on Sunday indicates Beijing’s growing worries over the country’s economic health.... More >>

As Tokyo Fish Market Closes, Sellers and Customers Honor an Era of Grime
Tsukiji, thought to be the world’s largest seafood market, is relocating. On its last day, few welcomed the prospect of an air-conditioned future.... More >>



Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR


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