Greenhouses were deserted as demand for Spanish vegetables collapsed after the authorities — perhaps mistakenly — linked a deadly outbreak of E. coli in Germany to farms in Andalusia.
UBS should have been felled by the colossal mistakes in its investment bank and wealth management arm. Somehow it hasn’t been, yet.
Google Says Hackers in China Stole Gmail Passwords
By JOHN MARKOFF and DAVID BARBOZA
Google said that the hacked accounts included those of senior American government officials and political activists.
SAC Capital Said to Face Insider Trading Inquiry
By AZAM AHMED
The S.E.C. is investigating SAC Capital's trading in health care stocks and the use of expert network firms, a person briefed on the matter said.
The U.S. economic recovery is faltering, indicated by a dramatic May slowdown in the manufacturing sector.(By Neil Irwin)
U.S. officials’ Gmail reported hacked
Google said that China-based hackers used a “phishing” campaign to gain access to hundreds of Gmail accounts, including some belonging to senior U.S. officials.
(By Cecilia Kang and Ellen Nakashima)
Spanish claims for unemployment benefits down in May by 80,000, 2nd decline this year MADRID — Spain’s Labor Ministry says the number of people filing claims for unemployment benefits dropped in May by about 80,000, the second monthly decline in a row and a sign the eurozone’s fourth largest economy may be enjoying the fruits of economic recovery.
( Associated Press Associated Press , AP)
Malaysia social activist agrees to say sorry 100 times on Twitter in defamation settlement KUALA LUMPUR, Malaysia — A Malaysian social activist will apologize 100 times on Twitter in an unusual settlement with a magazine publisher in a defamation case, his lawyer said Thursday. ( Associated Press Associated Press , AP)
D9 Video: Alibaba CEO Jack Ma on Yahoo, Clones
At this year's All Things D conference, Alibaba CEO Jack Ma tried hard not to turn entire interview to be all about the company's ongoing negotiations with Yahoo about the fate of Alipay.
http://blogs.wsj.com/chinarealtime/?p=13858?mod=djemChinaRTR_t
At this year's All Things D conference, Alibaba CEO Jack Ma tried hard not to turn entire interview to be all about the company's ongoing negotiations with Yahoo about the fate of Alipay.
http://blogs.wsj.com/chinarealtime/?p=13858?mod=djemChinaRTR_t
Tumult in Tech Supply Chain May Be Long-Lasting
The Asia technology supply chain has long proved resilient, but the March earthquake and tsunami in Japan may have longer-lasting effects, says an Acer executive.
http://blogs.wsj.com/chinarealtime/?p=13856?mod=djemChinaRTR_t
The Asia technology supply chain has long proved resilient, but the March earthquake and tsunami in Japan may have longer-lasting effects, says an Acer executive.
http://blogs.wsj.com/chinarealtime/?p=13856?mod=djemChinaRTR_t
Computex: Tablet Trends in Focus at Tech Fair
At Taiwan's Computex, Asia's biggest technology trade fair, tablets come in many shapes and forms.
http://blogs.wsj.com/chinarealtime/?p=13854?mod=djemChinaRTR_t
At Taiwan's Computex, Asia's biggest technology trade fair, tablets come in many shapes and forms.
http://blogs.wsj.com/chinarealtime/?p=13854?mod=djemChinaRTR_t
China Watch: Yahoo Agrees with Alibaba, Kids Get Fat Fast
Yahoo and Alibaba have reached an agreement to resolve their dispute over Alipay, "dark forces" attack a leftist website, a surge in obesity afflicts children in Shanghai and more.
http://blogs.wsj.com/chinarealtime/?p=13855?mod=djemChinaRTR_t
Yahoo and Alibaba have reached an agreement to resolve their dispute over Alipay, "dark forces" attack a leftist website, a surge in obesity afflicts children in Shanghai and more.
http://blogs.wsj.com/chinarealtime/?p=13855?mod=djemChinaRTR_t
Morning Market Briefing
After seeing substantial weakness in the previous session, stocks are likely to regain some ground in early trading on Thursday. The futures are currently indicating a modestly higher open, with the Dow futures currently up by 16 points. While bargain hunting may contribute to some early strength on Wall Street following the sell-off that was seen on Wednesday, buying interest seems likely to be relatively subdued. (Jun 2, 2011) Full Article
Australia saw a seasonally adjusted merchandise trade balance of A$1.597 billion in April, the Australian Bureau of Statistics said on Thursday. (Jun 2, 2011) Full Article
Spending on plant and equipment by Japanese firms increased at a slower pace in the March quarter, as the strongest earthquake on record hampered production and damaged factories. (Jun 2, 2011) Full Article
British construction sector showed a solid expansion in May on significant new order growth, data from Markit Economics showed Thursday. (Jun 2, 2011) Full Article
While the U.S. Labor Department released a report on Thursday showing a modest decrease in first-time claims for unemployment benefits in the week ended May 28th, claims came in above economist estimates due to an upward revision to the previous week’s figures. (Jun 2, 2011) Full Article
U.S. worker productivity increased more than initially estimated in the first quarter of 2011 according to figures released Thursday by the Department of Labor. The 1.8 percent increase in productivity for non-farm workers came in higher than the 1.6 percent increase initially estimated for the quarter. (Jun 2, 2011) Full Article
U.S. Is Tight-Lipped on IMF Candidates
The U.S. is largely staying silent in the battle to pick the next chief of the International Monetary Fund, a move that some observers see as a tactic designed to let key pieces of the race fall into place without heavy-handed U.S. involvement.
Asian Shares Tumble
Asian stock markets tumbled on heightened concerns about the global economic outlook, while political woes in Japan added to the selling in the Tokyo market. Japan's Nikkei Stock Average was down 1.6%.
Slowdown Strains New Delhi Finances
Apple Readies iCloud Service It is time for New Delhi to realize that slower economic growth this year poses a significant risk to its already precarious finances.
Apple has reached terms with major recorded-music companies to allow it to launch a digital locker service that would be more robust than those currently offered by Google and Amazon. Steve Jobs will show off iCloud next week.
India Car Sales Slow in May
While the local units of Suzuki Motor, Hyundai Motor and General Motors posted marginal gains in passenger vehicle sales in May, Tata Motors posted a decline in sales as high inflation, rising loan rates and price increases hurt demand.
| Google reveals Gmail hacking, says likely from China |
| June 02, 2011 05:09 AM ET |
| BEIJING/SAN FRANCISCO (Reuters) - Suspected Chinese hackers tried to steal the passwords of hundreds of Google email account holders, including those of senior U.S. government officials, Chinese activists and journalists, the Internet company said. | Full Article |
| Special Report: An end to AIDS? |
| June 01, 2011 11:52 AM ET |
| LONDON (Reuters) - For his doctors, Timothy Ray Brown was a shot in the dark. An HIV-positive American who was cured by a unique type of bone marrow transplant, the man known as "the Berlin patient" has become an icon of what scientists hope could be the next phase of the AIDS pandemic: its end. | Full Article |
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