Elinor Ostrom of Indiana University and Oliver E. Williamson of the University of California, Berkeley, were honored for their work on economic governance.
European indexes posted solid gains after a better than expected profit report from Philips, Europe’s biggest consumer electronics company. Asian markets were mostly l0wer.
Three years after unplugging its inflight Internet service because of insufficient demand, Lufthansa said that it would reintroduce a high-speed service on most long-haul flights.
Eleven high-ranking executives of Caijing, a respected business magazine, have resigned in a dispute over the publication’s shareholding structure and its future development.
Both Christie’s and Sotheby’s say that within the past few years Hong Kong, their hub in Asia, has emerged as a top location for their sales of jewelry, gems and fine wines.
A compilation of President Obama’s speeches has sold half a million copies in Japan, and publishers are trying to tap into the education market with new titles.
Leaders from China, Japan and South Korea said over the weekend that they would explore the idea of a free trade pact, inching closer toward deeper regional integration.
The state-run power company that serves the Mexico City region has been gripped by a labor dispute; the government calls the company inefficient and wasteful.
