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How to take the Wi-Fi with you

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FRIDAY, MAY 17, 2013 |
THE GLOBAL EDITION OF THE NEW YORK TIMES
companies markets business
How to take
the Wi-Fi
with you
Tool
Kit
T H O M A S J. F I TZ G E R A L D
It is enough to give technology devotees the shivers: Imagine being
stuck on a train with no Wi-Fi, or out of
range of the free access provided by
coffee shops and bookstores.
But there is a growing list of options,
including turning your cellphone into a
Wi-Fi hot spot or buying small independent devices, to ensure a constant
link to the Web.
Start with the basics. Before buying a
hot spot device or paying for a plan that
adds that sort of capability to a cellphone, consider the coverage area for
data. Review a map that shows how
well the services provided by a given
carrier work in certain areas.
Those maps are usually posted on
carriers’ Web sites or at their stores.
Network speed is important, too: A 4G
network is faster than 3G, for example,
and while 4G is about the fastest available, some 4G networks are faster than
others. That is important, as the Wi-Fi
options can be dizzying.
One of the newer and more novel options is a mobile hot spot from Karma,
which is available in about 80 U.S. cities. As the name suggests, owners of a
Karma device are encouraged to share
their Wi-Fi hot spots with anyone within range, including strangers. There is a
reward for that generosity: 100 megabytes of free data if someone else logs
in and signs up.
��Any new customer that buys our hot
spot is also immediately an evangelist
of our service by emitting an open WiFi signal,’’ said Robert Gaal, Karma’s
chief executive.
The Karma device ($79) is compact,
and the first gigabyte of data is free.
After that, each gigabyte costs $14, on a
pay-as-you-go plan, with no time limit
for using the data. That gigabyte can
accommodate the downloading of
about 170 music files of typical size.
FreedomPop also takes an unusual
approach. After buying the FreedomPop Photon mobile hot spot ($99), users
in the United States get as much as 500
megabytes of data a month. While that
is not enough for downloading lots of
videos, it is plenty for basic e-mail and
simple Web browsing. After that,
monthly plans cost $18 for two gigabytes
of data and $29 for four gigabytes. There
is no contract, and users can switch
among plans as needed. The device gets
six to eight hours on a battery charge.
Chances are, smartphone owners
already have hot spots in their pockets.
Most newer models of the iPhone, Android phones, BlackBerrys and Windows phones have built-in hot spots. Enabling the feature, known as tethering,
is straightforward; on an iPhone 5, for
example, select Settings, then General,
then Cellular. To wall off interlopers,
you can secure the connection with encryption and a password. But a word of
warning: Using the hot spot feature
puts additional strain on the battery, so
do not stray too far from the charger.
The major carriers offer the hot spot
feature in their smartphone plans.
Stand-alone devices are another option from the major carriers. Some
have a contract while others are monthto-month or pay-as-you-go.
The other option is to hunt down public access points. If no free option is
within range, Boingo, with more than
600,000 hot spots worldwide, may have
one nearby. The company offers a variety of plans at boingo.com/wifi-plans.
With the correct tools and planning,
you will never have to be in a wireless
desert.
HONG KONG
RAISING $2.9 BILLION, 2 OFFERINGS
CAP REGION’S BEST WEEK SINCE 2011
The Asia-Pacific region has had its best
week in two years for initial public offerings after the engineering unit of the
Chinese refiner Sinopec Group and a
trust linked to Macquarie Group raised
a combined $2.9 billion Thursday.
Three large I.P.O.’s this week, including one from the brokerage firm China
Galaxy Securities, all priced at the
lower end of their indicative price
ranges as investors sought bargainpriced deals and companies looked for
first-day pops on their trading debuts.
Sinopec Engineering raised 14 billion
Hong Kong dollars, or $1.8 billion, in the
biggest Hong Kong I.P.O. in almost six
months, one day after China Galaxy’s
$1.1 billion deal.
A trust linked to the Australian bank
Macquarie, Asian Pay Television Trust,
which in turn owns TBC Group, a Taiwan cable television operator, tapped
the market in Singapore for 1.43 billion
Singapore dollars, or $1.14 billion, in a
deal that relied on investor demand for
high-yield securities like business
trusts and real estate investment
trusts. (REUTERS)
MICHAEL BUHOLZER/REUTERS
Protesters outside a Glencore Xstrata shareholder meeting Thursday in Zug, Switzerland.
GLENCORE PROMOTES FORMER CHIEF
OF BP WHO RESIGNED AFTER OIL SPILL
Tony Hayward was appointed interim
chairman of the mining company Glencore Xstrata on Thursday, almost three
years after he resigned as chief executive of BP in the wake of a huge oil spill
in the Gulf of Mexico.
The appointment of Mr. Hayward,
currently a senior independent director
of the company, comes after the departure of Glencore Xstrata’s chairman,
John Bond, who failed to receive enough
shareholder support at an investor
meeting Thursday to retain his position.
The new role represents a significant
turnaround for Mr. Hayward, who was
widely criticized for his role in the aftermath of the Deepwater Horizon oil disaster in 2010.
Mr. Hayward will step down from his
new position at Glencore Xstrata as
soon as a new chairman is appointed,
according to a company statement.
The founder and chairman of the luxury goods company Richemont is to
take a year off beginning in September,
he said Thursday, leaving management
in the hands of a recently named pair of
chief executives.
In the absence of the chairman, Johann Rupert, the co-chief executives
who took over last month, Bernard Fornas and Richard Lepeu, will manage
the day-to-day business along with the
chief financial officer, Gary Saage, Mr.
Rupert said in a statement.
Richemont has been grappling with
weak demand in the Chinese market,
where customers are buying fewer expensive timepieces as gifts for business
partners since the government started
a broad anti-corruption campaign.
Growth in the Asia-Pacific region,
where Richemont generates 41 percent
of group sales, slowed to 5 percent in
the financial year that ended in March,
compared with 46 percent a year earlier. Sales for the year rose 9 percent, to
В¤10.1 billion, or $13 billion, and net profit
rose 30 percent, to В¤2 billion. (REUTERS)
United States
U.S.
Dow Jones indus.
U.S.
S.&P. 500
U.S.
S.&P. 100
U.S.
Nasdaq composite
U.S.
NYSE composite
U.S.
Russell 2000
Last
15,263.63
1,656.22
742.94
3,474.15
9,527.99
986.75
Chg 12 mo.%
–12.06
+20.8
–2.56
+24.5
–0.58
+22.7
+2.53
+20.1
–23.43
+24.8
–1.79
+26.9
The Americas
Mexico
IPC
41,876.85
Canada
S.&P./TSX
12,514.50
Brazil
Bovespa
55,014.82
Argent.
Merval
3,770.49
Chile
Stock Market select 4,295.96
–28.38
+40.85
+78.41
+49.58
+9.64
+10.4
+10.3
–2.2
+70.3
–1.4
Europe and Middle East
Euro zone
Euro Stoxx 50
2,800.45
Britain
FTSE 100
6,692.67
Germany
DAX
8,350.74
France
CAC 40
3,967.08
Italy
FTSE MIB
17,504.74
Spain
IBEX 35
8,529.40
Switzerland SIX
8,257.87
Sweden
OMX 30
1,236.09
Russia
RTS
1,382.97
Czech Rep. Prague Stock Exch.
985.28
Israel
TA-25
1,214.54
–9.13
–0.88
–11.68
–15.15
+11.77
–53.10
–55.21
+5.97
–8.04
+4.46
+9.88
+28.5
+23.1
+30.5
+30.5
+31.5
+27.3
+40.8
+23.7
–1.3
+12.5
+11.3
Asia
Japan
H.K.
Australia
China
S. Korea
India
Taiwan
Singapore
Thailand
Indonesia
–58.79
+38.44
–29.18
+27.01
+15.55
+25.10
+71.46
+10.75
–12.03
–11.20
+68.9
+16.0
+19.2
–5.2
+4.6
+24.9
+13.4
+20.0
+36.6
+25.5
Nikkei 225
15,037.24
Hang Seng
23,082.68
All Ordinaries
5,144.15
Shanghai composite 2,251.81
Kospi
1,986.81
S.&P. CNX Nifty
6,171.85
Taiex
8,390.05
Straits Times
3,452.28
SET
1,618.06
Jakarta composite
5,078.68
10-year govt.
Ask yield
Britain
France
Germany
Japan
United States
1.854%
1.872
1.322
0.831
1.874
Chg
12 mo. ago
3-month gov’t
Ask yield
Chg
12 mo. ago
–0.056
–0.047
–0.046
–0.029
–0.073
1.886%
2.869
1.457
0.845
1.769
Britain
France
Germany
Japan
United States
99.917%
–0.031
–0.106
99.977
0.030
+0.001
–0.001
–0.093
+0.002
–0.015
0.489%
0.021
-0.008
n.a.
0.095
Benchmark rates
Last
Latest chg
Britain (bank)
Canada (overnight)
Euro zone (refinancing)
Japanese (overnight)
United States (prime)
0.50% –0.50 (Mar. 5)
1.00 unch. (May. 14)
0.50
–0.25 (May. 7)
0.10
unch. (Jun. 25)
3.25 –0.75 (Dec. 16)
1-year gov’t
Britain
France
Germany
Japan
United States
0.266%
0.008
–0.034
0.107
0.101
–0.015
–0.004
unch.
+0.001
–0.005
0.370%
0.165
0.038
0.099
0.177
Futures
Agricultural
Corn
Cotton
Soybeans
Wheat
Rice
Cocoa
Coffee
Sugar
Orange juice
0.50%
1.00
1.00
0.10
3.25
Units
$/bu
$/lb.
$/bu
$/bu
$/cwt
$/ton
$/lb.
cts/lb.
cts/lb.
Metals, energy
Aluminum
London
Copper
N.Y.
Gold
N.Y.
Palladium
N.Y.
Platinum
N.Y.
Silver
N.Y.
Brent crude
London
Light sw.crude N.Y.
Natural gas
N.Y.
Delivery Last
July
6.41
July
0.86
July
14.13
July
6.89
July
15.10
July
2,311.00
May
1.40
July
16.89
July
144.95
$/m. ton
cts/lb.
$/tr.oz.
$/tr.oz.
$/tr.oz.
$/tr.oz.
$/bbl.
$/bbl.
$/mln.BTUs
3 mo. 183,950
July
327.65
June 1,385.70
June
733.50
July
1,482.50
July
22.64
June
103.45
June
94.37
3 mo.
4.01
Chg
–0.10
unch.
unch.
–0.05
–0.13
–22.00
+0.02
–0.06
–1.50
–1750
+1.15
–10.50
+4.45
–8.20
–0.02
–0.23
+0.07
–0.06
$1
Australia
1.016
Brazil
2.026
Britain
0.654
Canada
1.016
China
6.149
Denmark
5.771
Euro zone 0.775
India
54.775
Japan
102.11
Mexico
12.235
Russia
31.357
Singapore 1.252
S. Africa
9.294
S. Korea 1117.54
Sweden
6.640
Switzerland 0.962
Taiwan
30.000
U.S.
-
€1
1.311
2.613
0.844
1.312
7.939
7.452
70.749
131.79
15.801
40.486
1.616
12.004
1442.97
8.571
1.242
38.730
1.291
ВЈ1
1.552
3.094
1.554
9.400
8.824
1.184
83.772
156.03
18.707
47.933
1.914
14.212
1708.38
10.147
1.471
45.858
1.528
One
ВҐ100 ruble
One
One
Swiss Can.
franc doll.
0.995 0.032
1.055 0.999
1.982 0.064
2.103 1.991
0.641 0.021
0.680 0.643
0.995 0.324
1.056
6.022 0.196
6.390 6.048
5.651 0.184
5.998 5.677
0.758 0.025
0.805 0.762
53.658 1.748 56.949 53.881
- 3.255 106.09 100.40
12.000 0.000 12.718 12.037
30.700
- 32.590 30.844
1.226 0.040
1.301 1.231
9.100 0.297
9.662 9.145
1094.50 35.630 1161.44 1100.27
6.502 0.212
6.900 6.527
0.942 0.031
- 0.946
29.400 0.957 31.169 29.510
0.979 0.032
1.040 0.984
Euro
Dollar
Pound
Swiss franc
Yen
Chg.
0.775
0.654
0.962
102.11
–0.001
–0.002
–0.003
–0.120
€1
Chg.
1.291 0.002
0.844 –0.002
1.242 –0.001
131.79 0.060
Company
U.S.
Chg.
€1
Chg.
ВЈ1
Chg.
ВЈ1
Chg.
1.184
1.528
1.471
156.03
0.002
0.005
0.002
0.300
Singapore dollar
1.252 0.006
1.616 0.011
1.914 0.016
South Korean won 1117.54 2.920 1442.97 6.670 1708.38 10.480
Taiwan dollar
30.000 0.063 38.730 0.153 45.858 0.255
Thai baht
29.720 –0.050 38.369 –0.005 45.412 0.072
Asia
Australian dollar
1.016 0.006
1.311 0.009
1.552 0.014
Chinese renminbi
6.149 0.004
7.939 0.020
9.400 0.039
Hong Kong dollar
7.763 0.001 10.022 0.017 11.862 0.040
Indian rupee
54.775 –0.005 70.749 0.181 83.772 0.337
Indonesian rupiah 9747.00 2.000 12583.4 22.072 14893.4 51.781
Malaysian ringgit
3.010 0.008
3.886 0.016
4.599 0.027
Philippine peso
41.205 –0.045 53.196 0.024 62.961 0.137
World 100
% .)41/6 )55-6 ))/--6 6,
w 9E?D 4AIAH KJE /L *@
" '
'& /-5 ))/--6
MEGAUPLOAD FOUNDER WINS RIGHT
TO DEMAND U.S. PIRACY EVIDENCE
The founder of the now-defunct filesharing Web site Megaupload has won
the right to demand that the United
States hand over all the evidence in its
online piracy case against the Internet
entrepreneur, New Zealand’s Supreme
Europe
Czech koruna
Danish krone
Hungarian forint
Norwegian krone
Polish zloty
Russian ruble
Swedish krona
Turkish lira
20.138
5.771
225.61
5.818
3.244
31.357
6.640
1.825
–0.030
–0.012
–0.150
–0.028
0.003
–0.093
–0.031
0.006
25.998 0.002
7.452 unch.
291.26 0.258
7.511 –0.024
4.188 0.010
40.486 –0.040
8.571 –0.024
2.356 0.011
30.771 0.055
8.824 0.017
344.73 0.900
8.890 –0.014
4.957 0.021
47.933 0.025
10.147 –0.014
2.789 0.018
The Americas
$1
Argentine peso
5.235
Brazilian real
2.026
Canadian dollar
1.016
Chilean peso
478.80
Mexican peso
12.235
Venezuelan bolivar 6.284
Chg.
€1
Chg.
ВЈ1
Chg.
0.003
0.004
unch.
0.400
0.036
unch.
6.758
2.613
1.312
618.13
15.801
8.113
0.014
0.008
0.003
1.473
0.082
0.013
7.999
3.094
1.554
731.61
18.707
9.602
0.031
0.014
0.007
3.003
0.125
0.031
Middle East and Africa
Egyptian pound
6.976 0.007
Israeli shekel
3.633 –0.019
Saudi riyal
3.750 unch.
South African rand 9.294 0.087
10.659 0.046
5.551 –0.011
5.730 0.019
14.212 0.186
Last
Abbott Laborat.
37.02
Amazon.com
266.2
Apple
432.0
AT&T
37.39
Bank of America 13.46
Berkshire Hath. 167,654
Caterpillar
86.39
Chevron
123.0
Cisco Systems
23.73
Citigroup
51.05
Coca-Cola
43.27
Comcast
43.47
ConocoPhillips
62.57
Exxon Mobil
90.90
General Electric
23.28
Google
906.7
Home Depot
77.39
IBM
205.6
Intel
24.23
J&J
87.21
JPMorgan Chase 51.27
Kraft Foods
55.03
McDonald’s
101.2
Merck
46.29
Microsoft
34.05
Occidental Petrol. 90.90
Oracle
34.56
P&G
80.07
Pepsico
84.38
Pfizer
29.41
Philip Morris
95.72
Qualcomm
65.68
Schlumberger
75.92
United Technol.
95.29
UPS
88.42
Verizon
53.25
Visa
180.3
–0.64
–0.3
+3.1
–0.14
+0.02
–1286
–0.62
unch.
+2.52
–0.29
+0.35
–0.26
+0.15
–0.34
+0.04
–9.2
–0.49
+2.3
+0.03
–0.43
+0.18
–0.17
–0.8
–0.44
+0.21
–0.03
+0.57
–0.61
+0.13
–0.16
–0.59
+0.14
+0.24
–0.52
–0.18
–0.35
–1.5
–40.2
32.05
+18.6
208.2
–21.9
390.5
+12.1
32.81
+84.4
6.83
+38.1 118,850
–6.8
79.64
+21.9
96.4
+43.4
15.12
+83.7
24.82
–43.5
35.97
+50.7
28.28
+19.1
50.82
+11.1
77.60
+26.5
18.15
+48.4
559.1
+59.0
47.02
+3.3
183.1
–9.9
19.36
+37.1
61.78
+41.5
31.00
+51.8
43.66
+11.2
84.1
+22.7
37.18
+12.7
26.37
+13.8
73.58
+27.7
25.61
+25.7
59.27
+24.4
65.94
+31.9
21.60
+13.0
81.91
+6.9
53.56
+15.9
59.67
+25.1
70.88
+16.2
70.02
+29.7
40.25
+54.6
112.3
72.13
284.0
702.1
39.00
13.02
169,267
99.49
125.0
21.93
49.29
81.12
43.28
63.06
93.48
23.77
880.2
75.26
215.8
27.76
85.75
51.00
55.22
103.6
48.63
33.75
91.95
36.34
82.54
84.10
31.08
96.44
67.97
81.56
95.93
89.03
53.91
179.8
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Company (Country)
Last
U.S. (cont.)
Wal-Mart
Walt Disney
Wells Fargo
78.15
67.53
39.54
52-wk price range
Chg 12 mo.% Low
Last ( ‡) High
–1.71
–0.14
+0.24
+31.7
+50.0
+22.6
59.03
43.81
30.05
79.25
66.07
38.45
The Americas
AmBev (BR)
Ame`r. Mo`vil (MX)
Bradesco (BR)
Ecopetrol (BR)
Itau Unibanco (BR)
Petrobras (BR)
R. Bk of Can. (CA)
Toronto Dom. (CA)
Vale (BR)
87.65
12.88
33.57
4,130
34.78
19.01
61.23
82.57
30.23
–0.76
+0.09
+0.17
–10
–0.32
+0.10
+0.29
+0.36
–0.21
+12.9
–24.2
+17.3
–24.4
+22.1
–1.4
+15.7
+4.3
–18.7
72.05
11.62
26.88
4,125
27.05
14.23
49.57
76.50
30.44
93.80
18.60
38.40
5,790
36.90
24.35
64.49
85.43
42.60
Middle East and Africa
Saudi Basic In. (SA)91.25 closed
–5.2
85.25
100.00
Europe
A-B InBev (BE)
75.50 –0.39
BASF (DE)
73.67 +0.09
BG Group (GB)
1,214
–8
BP (GB)
465.7
–2.0
Brit. Am. Tob. (GB) 3,752
–4
ENI (IT)
18.83 –0.14
Gazprom (RU)
122.8
+0.4
GDF Suez (FR)
16.30 –0.16
Glaxo (GB)
1,713
–4
HSBC (GB)
751.3
–3.1
L’Ore`al (FR)
136.4
+0.5
LVMH (FR)
139.3
+1.4
Nestle` (CH)
66.95 –1.00
Novartis (CH)
72.35 –0.75
Novo Nordisk (DK) 993.0 –22.0
R. Dutch Shell (GB)2,216
–11
Roche (CH)
245.1
–2.7
Rosneft (RU)
218.6
–2.3
+36.8
+28.6
–6.0
+15.6
+21.0
+16.4
–17.3
+0.1
+20.6
+37.5
+47.4
+13.8
+22.1
+46.9
+22.9
+9.4
+58.3
+8.9
52.77
51.89
1,000
388.6
2,991
15.25
119.9
14.12
1,322
503.6
87.6
111.7
53.90
48.80
774.0
1,954
149.2
192.4
78.66
75.85
1,350
477.3
3,634
19.48
169.5
20.23
1,683
739.5
136.1
142.2
69.50
71.70
1,070.0
2,310
242.7
275.4
Company (Country)
Last
Europe (cont.)
Sanofi (FR)
Santander (ES)
SAP (DE)
Sberbank (RU)
Siemens (DE)
Statoil (NO)
Telefo`nica (ES)
Total (FR)
Unilever (GB)
Vodafone (GB)
Volkswagen (DE)
84.66
5.44
63.30
102.5
80.63
129.3
11.16
38.42
2,845
197.6
162.1
52-wk price range
Chg 12 mo.% Low
Last ( ‡) High
–0.11
+0.01
–0.75
–0.7
–0.45
–1.5
–0.02
–0.48
–7
+2.4
–0.7
+55.3
+18.1
+31.5
+16.2
+21.2
–14.7
+4.4
+11.8
+36.3
+16.0
+21.2
53.51
4.04
44.16
78.1
63.06
130.8
8.63
33.63
2,005
154.8
118.0
86.35
6.62
64.80
109.6
86.88
154.5
11.58
41.84
2,834
196.6
186.7
Asia
3.23
3.22
39.00
73.45
6.71
21.92
92.55
35.25
17.36
4,115
4.47
728.0
5,020
161,000
11.28
72.07
1,576,000
9.44
6,280
115.5
34.06
Data are at 1445 U.T.C. Prices are in local currencies.
Source: Reuters
Infographics by: CUSTOM FLOW SOLUTIONS
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Agric. Bank (CN)
2.72 +0.01
+1.1
2.40
Bank of China (CN) 2.91 +0.02
–3.6
2.58
BHP Billiton (AU) 33.76 –0.27
–0.3
30.18
CBA (AU)
72.83 +0.18 +38.3
48.72
CCB (HK)
6.45 –0.03 +18.1
4.75
China Life (CN)
16.57 +0.30
–7.2
16.27
China Mobile (HK) 85.70 –0.70
–2.2
76.60
Chi. Shenhua (HK) 26.45 –0.40
–13.6
24.70
CNOOC (HK)
14.24 –0.20
–3.0
13.22
Honda Motor (JP) 4,175
–10 +57.3
2,319
ICBC (CN)
4.09 +0.03
–5.5
3.64
Mitsubishi UFJ (JP) 706.0 –26.0 +102.3
331.0
NTT (JP)
5,460
–90 +51.0
3,295
NTT DoCoMo (JP)163,000 +200 +24.8 112,800
PetroChina (HK)
9.81 –0.21
–6.7
9.10
Rio Tinto (AU)
54.68 –1.09
–9.3
48.63
Samsung El. (KR)1,508,000+8000 +15.0 1,091,000
Sinopec (HK)
8.53 –0.07 +11.9
6.42
Toyota Motor (JP) 6,450
+10 +103.8
2,817
TSMC (TW)
113.5
–1.5 +32.7
74.3
Westpac Ban. (AU) 31.40 –0.27 +43.4
20.12
May 16, 2013
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The companies with the largest market capitalization, listed alphabetically by region. Prices shown are for regular trading.
A+
‡ or −
‡ indicates stocks that reached a new 52-week high or low.
52-wk price range
Chg 12 mo.% Low
Last ( ‡) High
For information please contact Clare Chambers
Fax +44 (0)20 7061 3529 | e-mail cchambers@nytimesglobal.com
@(CAI=@LEIHI?
% )) /4);
9.006 0.023
4.690 –0.017
4.841 0.008
12.004 0.139
International Funds
MMMCAI=@LEIHI?
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Asia (cont.)
Wal-Mart Stores said Thursday that
this quarter would be challenging and
gave a forecast that suggests profit will
again miss Wall Street expectations,
partly because of costs from a foreign
bribery inquiry.
The company also reported quarterly
earnings just below Wall Street estimates, and revenue came in lower than
expected. Tax pressures on shoppers
and a cool start to spring contributed to
an unexpected drop in sales at Walmart’s U.S. stores open at least a year.
In the first quarter, same-store sales
at Walmart U.S., by far the company’s
largest unit, fell 1.4 percent. (REUTERS)
)JAH=JELA 1LAIJAJI
Cross rates
City
Chicago
N.Y.
Chicago
Chicago
Chicago
N.Y.
N.Y.
N.Y.
N.Y.
Exchange rates
Major currencies $1
www.morningstar.com/Cover/Funds.aspx
WALMART GUIDANCE SUGGESTS
DISAPPOINTING PROFIT AS SALES DIP
WELLINGTON
For online listings and past performance visit
Interest rates
Thursday, May 16
Court ruled Thursday.
The ruling is a minor victory for the
founder, Kim Dotcom, a German citizen
who is a resident of New Zealand. He,
along with six associates, is facing extradition to the United States on
charges that they conspired to infringe
copyright, launder money and commit
racketeering and fraud.
Mr. Dotcom can now appeal to the
Supreme Court against a lower court’s
ruling in March that the F.B.I. does not
have to hand over all of its evidence in
its extradition bid.
Mr. Dotcom’s defense team has argued that withholding evidence puts
him at a disadvantage in fighting the
extradition case. (REUTERS)
LONDON
RICHEMONT FOUNDER AND CHAIRMAN
TO TAKE A YEAR OFF AS OF SEPTEMBER
World markets
WITH
IN THE NEWS вњґ WORLD BUSINESS
ZURICH
OTTO STEININGER
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The Independent Mark of Quality
Morningstar Analyst Research and Ratings for Funds
www.morningstar.co.uk
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