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• Coordinated Attacks Kill Dozens in India's Financial Capital

  NEW DELHI, Nov. 27 -- Gunmen attacked three luxury hotels, a hospital, a train station, a movie theater and other buildings in Mumbai late Wednesday, killing at least 100 people and wounding more than 300 in a rampage through India's financial capital, police said. The attackers took dozens of... Posted Nov 26 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, United States, Financial, In, Al Qaeda, Mumbai, India, Reuters Group plc, Capital, Pakistan, India's, Attacks, Coordinated, Kill, AK-47 Assault Rifle, Joby Warrick, Hemant Karkare, Ashish Jain, Maharashtra, Vilasrao Deshmukh, Ramesh Tayde, Ramada Franchise Systems Inc., Brian Genchur, Dozens, Students Islamic Movement of India, Taj Mahal, R.R. Patil

• Wal-Mart Names Its Global Chief as CEO

  Wal-Mart made the surprise announcement yesterday that Mike Duke, the head of its international division, will replace H. Lee Scott Jr. as chief executive of the world's largest retailer next year as its foreign business continues to grow rapidly in scale and importance. Posted Nov 21 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, JP Morgan Chase & Co., Europe, U.S. Securities and Exchange Commission, As, India, Mexico, Its, Chief, China, Germany, South Korea, Asia, Names, Service Employees International Union, Wal-Mart Stores Inc., SAM'S West Inc., Conservation International Foundation, Glenn Prickett, CEO, Eduardo Castro-Wright, Global, Latin America, Wal-Mart, H. Lee Scott, Wal-Mart Watch, David Nassar, Charles Grom, Battalia Winston International, Rob Walton, Bentonville, David Tovar, Mike Duke, Joe Carideo, The Seiyu Ltd.

• Citigroup to Eliminate 50,000 Jobs After Posting Steep Mortgage Losses

  Citigroup will reduce its global workforce by about 50,000 jobs, or about 15 percent, as the financial services giant tries to steady itself after recording losses of more than $20 billion over the past year, executives said yesterday. Posted Nov 17 2008, 04:00 PM by washingtonpost.com - Business Filed under: New York, United States, to, Bethesda, After, Wells Fargo & Company, Citigroup Inc., U.S. Department of the Treasury, India, The Associated Press, London, Goldman Sachs Group Inc., Wachovia Corporation, Jobs, Losses, Mortgage, steep, Citigroup, Vikram Pandit, Chevy Chase Bank FSB, 50,000, Posting, Eliminate, Win Bischoff

• Demonstrators Reject Work of G-20

  Walking on stilts, tootling horns and waving placards that declared the death of capitalism, about 200 demonstrators rallied in downtown Washington yesterday to protest the G-20 summit and argue for more egalitarian and inclusive economic policies to protect the poor. Posted Nov 15 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, United States, of, India, South Asia, New Delhi, Colombia, South Africa, El Salvador, Manila, Latin America, Work, Reject, National Building Museum, G-20, G20 Industrial Nations, Sarita Gupta, Dennis Brutus, Antonia Pena, Demonstrators

• As Summit Starts, Emerging Economies Gain New Clout

  When world leaders gathered last night for a White House dinner on the eve of a major economic summit, the faces around the table were not just those of the Europeans and Japanese who normally mix in the highest circles of diplomacy. This time, heads of state from the across the developing world,... Posted Nov 14 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, Europe, The White House, George W. Bush, New, As, India, The World Bank Group, International Monetary Fund, China, Brazil, Russia, Japan, South Africa, Arlington, Canada, Switzerland, Emerging, Saudi Arabia, National Press Club, Gain, Argentina, G-8, Summit, National Building Museum, Angela Merkel, Economies, Luiz Inacio Lula da Silva, Taro Aso, Pamela Constable, Clout, Recep Tayyip Erdogan, Sam Palmer, Starts,, Suddeutsche Zeitung GmbH, G20 Industrial Nations

• Chinese Consumers Eager to Excel at the American Pastime

  SHANGHAI -- Decked out in a stylish black suit and knee-high boots, Wang Yaping surveyed the scene at her favorite spot in the city for afternoon tea. It was packed, but there, in the back, was a single free table. Posted Nov 14 2008, 04:00 PM by washingtonpost.com - Business Filed under: New York, United States, to, The, U.S. Department of Commerce, at, India, China, Merrill Lynch & Co. Inc., Brazil, Beijing, Russia, Shanghai, Wal-Mart Stores Inc., Consumers, American, Chinese, Chengdu, Nike Inc., Pizza Hut Inc., KFC Corporation, Louisville, Yum! Brands Inc., Liu Liu, Tianjin, Shenyang, International Brand Association, Excel, Wrangler Jeans, Pastime, James E. Quinn, Qingdao, Wang Yaping, Eager, Terrence Cullen, East China Normal University

• Va. Bollywood Investor Admits $33 Million Fraud

  He was an icon in the local Indian community, a flashy movie producer who invested millions in Bollywood films and brought Indian musical acts to the Washington area. Posted Nov 13 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, United States, Maryland, Alexandria, Virginia, California, Wells Fargo & Company, India, U.S. Department of Justice, Internal Revenue Service, Federal Bureau of Investigation, Northern Virginia, Fairfax County, Million, Va., Bollywood, Hilton Hotels Corporation, Fraud, U.S. District Court, Investor, EMC Mortgage Corporation, Admits, First Tennessee Bank, Claude M. Hilton, Robert P. Trout, Financial Mortgage Inc., $33, David Lamb, Adam Lee, Vijay K. Taneja, Franklin Bank Corp., Anuj Sud

• Toward a New International Capitalism

  "This is a decisive moment for the global economy," President Bush declared yesterday in New York as leaders from the 20 largest economies headed toward Washington for an emergency meeting on the unfolding global economic crisis. Posted Nov 13 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, Wall Street, New York, United States, Google Inc., A, George W. Bush, New, India, Enron Corporation, New Hampshire, China, Russia, Goldman Sachs Group Inc., International, Spain, Steven Pearlstein, Drexel Burnham Lambert Group Inc., The Blackstone Group LP, Ireland, Iceland, Toward, Bretton Woods, Capitalism, Nucor Corporation

• Global Deals in Works On Eve of G-20 Summit

  Nations are close to adopting a series of measures aimed at combating a global recession and laying the groundwork for a broad reconstruction of the international financial system, as world leaders arrive in Washington for a major economic summit this weekend. Posted Nov 13 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, Wall Street, U.S. Federal Reserve, New York, United States, In, on, Europe, George W. Bush, of, India, The World Bank Group, Barack Obama, International Monetary Fund, China, Germany, Brazil, Japan, Persian Gulf, Gordon Brown, Switzerland, Global, Latin America, Dmitry Medvedev, Ukraine, Deals, Iceland, Works, Nicolas Sarkozy, Summit, Hungary, Belgium, Arkady Dvorkovich, Eve, Organisation for Economic Co-operation and Development, G-20

• Many Seats, Agendas At Global Roundtable

  World leaders will meet in Washington this weekend for a summit on the global financial crisis, the largest gathering of presidents and prime ministers here since NATO's 50th anniversary celebration in 1999. But overshadowing the emergency conference is a leadership vacuum that is fundamentally... Posted Nov 12 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, United States, European Union, The White House, George W. Bush, at, India, The World Bank Group, Barack Obama, International Monetary Fund, China, Germany, Brazil, South Africa, Spain, The Brookings Institution, Netherlands, NATO, Gordon Brown, Many, Saudi Arabia, Global, Robert Zoellick, Peter G. Peterson Institute for International Economics, Nicolas Sarkozy, Simon Johnson, Jim Leach, Madeleine Albright, Dan Price, David H. McCormick, Agendas, William J. Antholis, Klaus Scharioth, Nigel Sheinwald, Seats,, Roundtable

• Across the Country, 'It's Like a New Aura'

  On the morning after, Teddy Andrews knew there was one place he needed to go to commemorate Barack Obama's historic triumph: the steps of the Lincoln Memorial, where 40 years ago, before hundreds of thousands of African Americans, the Rev. Martin Luther King Jr. voiced his soaring dream of racial... Posted Nov 05 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, New York, United States, Baltimore, Prince George's County, The, A, The White House, Guatemala, Texas, George W. Bush, New, India, Los Angeles, Mexico, John McCain, Barack Obama, Puerto Rico, Illinois, Israel, Chicago, Union Station, Houston, Tennessee, Martin Luther King Jr., Iran, Arlington County, North Carolina, Anacostia (Washington, DC), Lincoln Memorial, Scranton (Pennsylvania), Duke University, Falls Church, Beverly Hills (California), Across, Like, Annapolis (Maryland), United Nations, Pakistan, Tom DeLay, 7-Eleven Inc., Lena H. Sun, Poland, Durham (North Carolina), Harlem, Robin Shulman, Karl Vick, Ashley Surdin, Jack Flanagan, Keith B. Richburg, Rosalind S. Helderman, Jesus Miguel, Apollo Theater, Pamela Constable, Grant Park (Chicago), Rosemary Boland, Ivan Degraff, David Betancourt, Michael Wickham, Beatrice P. Smith, Beverly Hills Hotel, Matthew Nallet, Christopher Doherty, Aura', John Darin, Gettysburg, Nick Davis, Victor Vargas, Murfreesboro, Lori Aratani, Brian Tarpinian, Chris L. Jenkins, Sugar Land, Michael Alison Chandler, Teddy Andrews, 'It's, Country,, Theresa Vargas, Robert E. Pierre, Frederick Douglass National Historic Site, Elaine Reed, Sheretta Mitchell, Matt Zapotosky

• Republicans Confront Formidable Task Ahead

  For the first time in 16 years, Republicans will wake up this morning shut out on both ends of Pennsylvania Avenue, and party leaders are already girding for the recriminations. Posted Nov 04 2008, 04:00 PM by washingtonpost.com - Business Filed under: Wall Street, U.S. Federal Reserve, United States, Wisconsin, George W. Bush, Richard Nixon, India, John McCain, Iraq, Newt Gingrich, U.S. Republican Party, Barack Obama, Bill Clinton, China, Capitol Hill, U.S. House Budget Committee, Utah, Paul Volcker, Ahead, John Boehner, National Rifle Association, Colin Powell, Tim Pawlenty, Republicans, Task, Roy Blunt, Paul Ryan, Jon Huntsman Jr., Eric Cantor, New Hampshire Republican State Committee, Fergus Cullen, Diana Bannister, Formidable, Confront, Southern Baptist Convention

• Discord on Economies In a World Of Trouble

  Presidents and prime ministers from major countries around the world will gather in Washington in two weeks to begin heated negotiations over the shape of global financial regulation as they scramble to avoid a deep worldwide recession and restore confidence in markets. Posted Nov 01 2008, 05:00 PM by washingtonpost.com - Business Filed under: Washington, DC, U.S. Federal Reserve, United States, In, on, A, European Union, United Kingdom, Europe, The White House, George W. Bush, of, World, India, The World Bank Group, John McCain, Barack Obama, International Monetary Fund, China, Bank of England, University of Oxford, Asia, London, Beijing, Tokyo, Shannon Smiley, Shanghai, Berlin, Goldman Sachs Group Inc., Akiko Yamamoto, Trouble, Paris, Gordon Brown, Dana Perino, White House National Security Council, UK Financial Services Authority, Nicolas Sarkozy, Karla Adam, Angela Merkel, Economies, Seoul, London School of Economics and Political Science, Bretton Woods, Willem Buiter, Taro Aso, Stella Kim, Dimitrios Tsomocos, Discord, Howard Davies, Tower of Babel, Robert Hormats, Michael Meister, Versailles, Institute of Finance

• Financial Meltdown Worsens Food Crisis

  SHANGHAI -- As shock waves from the credit crisis began to spread around the world last month, China scrambled to protect itself. Among the most extreme measures it took was to impose new export taxes to keep critical supplies such as grains and fertilizer from leaving the country. Posted Oct 25 2008, 05:00 PM by washingtonpost.com Filed under: Crisis, United States, Financial, European Union, United Kingdom, Europe, India, China, Beijing, Persian Gulf, Africa, Tanzania, Food, Food and Agriculture Organization of the United Nations, European Commission, United Nations World Food Programme, Pakistan, Ethiopia, Kenya, Argentina, Somalia, Ukraine, Rome, World Trade Organization, Nairobi, Meltdown, Oxfam International, Peter Mandelson, Worsens,