World Business News
NYT > Business
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At the Ethiopian News Agency, Hope for Freer Journalism
The Ethiopian News Agency is planning a 24-7 TV news channel in four languages — if it earns government approval.
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DealBook: Yahoo Approves Plan to Sell Part of Alibaba Stake
Under the deal, the Alibaba Group will buy back half of Yahoo’s stake, and Yahoo will sell an additional 10 percent when Alibaba goes public.
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Discord at JPMorgan Investment Office Blamed in Huge Loss
Trans-Atlantic tension in JPMorgan Chase’s chief investment office contributed to the unit’s giant losing trades, current and former bankers said.
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Markets Regain Ground but Still Edgy Over Greece
Markets remained cautious on Monday despite world leaders calling for Greece to stay in the euro zone and for Europe to balance austerity with growth.
