n">May 25(Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
* After oil prices surged past $100 a barrel in 2008, suspicions that traders had manipulated the market led to Congressional hearings and regulatory investigations. On Tuesday, federal commodities regulators filed a civil lawsuit against two obscure traders in Australia and California and three American and international firms.
* Shares of Yandex NV , a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.
* Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat SpA , to increase its control over the Detroit carmaker.
* The American International Group raised at least $8.7 billion from its stock offering, which priced the shares at $29 apiece.
* A dispute spurred by rising coal prices indicates that China's unique marriage of market competition and government oversight may be starting to fray.
* Google Inc is expected to introduce on Thursday a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card, according to people briefed on the announcement.
* Volkswagen AG (VOWG_p.DE) hopes that more seat padding and larger cup holders will help it to become competitive in the United States again and to achieve a lofty goal of becoming the world's largest carmaker this decade. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)
n">May 25(Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
* After oil prices surged past $100 a barrel in 2008, suspicions that traders had manipulated the market led to Congressional hearings and regulatory investigations. On Tuesday, federal commodities regulators filed a civil lawsuit against two obscure traders in Australia and California and three American and international firms.
* Shares of Yandex NV , a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.
* Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat SpA , to increase its control over the Detroit carmaker.
* The American International Group raised at least $8.7 billion from its stock offering, which priced the shares at $29 apiece.
* A dispute spurred by rising coal prices indicates that China's unique marriage of market competition and government oversight may be starting to fray.
* Google Inc is expected to introduce on Thursday a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card, according to people briefed on the announcement.
* Volkswagen AG (VOWG_p.DE) hopes that more seat padding and larger cup holders will help it to become competitive in the United States again and to achieve a lofty goal of becoming the world's largest carmaker this decade. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)
n">May 25(Reuters) - The following were the top stories on The New York Times business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
* After oil prices surged past $100 a barrel in 2008, suspicions that traders had manipulated the market led to Congressional hearings and regulatory investigations. On Tuesday, federal commodities regulators filed a civil lawsuit against two obscure traders in Australia and California and three American and international firms.
* Shares of Yandex NV , a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a bubble.
* Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat SpA , to increase its control over the Detroit carmaker.
* The American International Group raised at least $8.7 billion from its stock offering, which priced the shares at $29 apiece.
* A dispute spurred by rising coal prices indicates that China's unique marriage of market competition and government oversight may be starting to fray.
* Google Inc is expected to introduce on Thursday a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card, according to people briefed on the announcement.
* Volkswagen AG (VOWG_p.DE) hopes that more seat padding and larger cup holders will help it to become competitive in the United States again and to achieve a lofty goal of becoming the world's largest carmaker this decade. (Compiled by Isheeta Sanghi; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)
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