Austria Weighs Overseer for Bank in Madoff Case

The Bank Medici, a small Viennese merchant bank, lost billions of dollars it invested with Bernard L. Madoff.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01bank.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01bank.html” border=”0″//a/span

Iraq to Open More Oil Fields to Bidding

Iraq announced that it would launch a second round of bids to license international oil companies to develop 11 oil and gas fields, some of which are shared with Iran and Kuwait.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/middleeast/01iraq.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/middleeast/01iraq.html” border=”0″//a/span

Gazprom Set to Halt Gas Shipments to Ukraine

Negotiations over gas prices unraveled Wednesday and executives at the Russian natural gas monopoly said they were preparing to halt supplies to Ukraine on Thursday morning.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01gas.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01gas.html” border=”0″//a/span

UBS Sells Its Stake in Bank of China

The Swiss banking giant said that it had sold its stake at a discount and would book a gain of a “few hundred million dollars” in the fourth quarter.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01ubs.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01ubs.html” border=”0″//a/span

As Trade Slows, China Rethinks Its Growth Strategy

In the last two weeks, Chinese officials have announced a series of measures to help exporters.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/01exports.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/01exports.html” border=”0″//a/span

Former Head of Chinese Dairy Pleads Guilty

The former chairwoman of one of China’s biggest dairy producers pleaded guilty to selling fake milk powder.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/asia/01milk.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/asia/01milk.html” border=”0″//a/span

Chinese Court Convicts 11 in Software Piracy Ring

Eleven people were convicted of roles in a counterfeiting ring that distributed pirated software around the world.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01soft.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01soft.html” border=”0″//a/span

Gazprom Set to Halt Gas to Ukraine

Negotiations over gas prices unraveled Wednesday and executives at the Russian natural gas monopoly said they were preparing to halt supplies to Ukraine on Thursday morning.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01gas.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01gas.html” border=”0″//a/span

Iraq to Open More Oil Fields to Bids

Iraq announced that it would launch a second round of bids to license international oil companies to develop 11 oil and gas fields, some of which are shared with Iran and Kuwait.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/middleeast/01iraq.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/middleeast/01iraq.html” border=”0″//a/span

Former Head of Chinese Dairy Pleads Guilty in Scandal

The former chairwoman of the Sanlu Group, one of China’s biggest dairy producers, pleaded guilty on Wednesday to selling fake and substandard milk powder.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/asia/01milk.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/world/asia/01milk.html” border=”0″//a/span

China Plans to License 3 Wireless Standards

The move opens the way for cellphone users in China to have faster downloads of video, data and Web-browsing services, and for companies to charge more for their high-speed services.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/technology/01wireless.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/technology/01wireless.html” border=”0″//a/span

Chinese Court Jails 11 in Microsoft Piracy Ring

A court in China convicted 11 people of participating in a counterfeiting ring that manufactured and distributed pirated Microsoft software throughout the world.br/br/span class=”advertisement” a href=”http://www.pheedo.com/click.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01soft.html”img src=”http://www.pheedo.com/img.phdo?x=b55a8a64fc2b4943aec507fe95d9b0d6u=http://www.nytimes.com/2009/01/01/business/worldbusiness/01soft.html” border=”0″//a/span