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Euro Zone Crisis Boils as Leaders Fail to Signal New Steps Regional leaders meeting in Brussels failed to signal concrete steps to stimulate the economy or resolve the competing agendas of the German chancellor and the French president. Data Show Europe's Economic Prospects Dimming The long process of finding a solution to the euro zone debt crisis appears to be sapping strength even from Germany, where manufacturing was down and confidence slipped. British Recession Deeper Than Originally Thought, Data Show Gross domestic product shrank 0.3 percent in the first quarter, compared with 0.2 percent estimated earlier. The data put pressure on the government to consider growth measures. As Greece Turns Leftward, Its Tycoons Stay in Background As the star of Alexis Tsipras continues to rise, Greece?s elite have even greater reason to lie low. A few, however, are stepping up with donations and ideas on addressing the debt crisis. The Energy Rush: Shell Arctic Ocean Drilling Stands to Open New Oil Frontier Despite opposition, Shell, with President Obama?s support, will start test wells in Alaska?s North, in a moment of major promise and considerable danger. Fewer Americans File for Jobless Benefits The government said weekly unemployment benefit applications dipped by 2,000 to a seasonally adjusted 370,000, perhaps signaling modest job growth. British Inquiry Questions Murdoch Lobbyist Testimony before an inquiry into the British press could throw new light on the ties between the government and Rupert Murdoch?s media empire. DealBook: Questions of Fair Play Arise in Facebook's I.P.O. Process Lawmakers are questioning a process in which the banks involved in Facebook's I.P.O. shared a negative outlook about the company only with select clients. Bits Blog: Google Cleared of Infringing on Oracle's Java Patents Jurors in Oracle?s lawsuit against Google found that the search giant violated no patents on the Java programming language when it created the Android operating system. French Agency Accuses Google of Stonewalling Inquiry After a meeting with Google executives on Wednesday, the regulator said the company?s answers to a questionnaire about the new policy had not addressed many of its concerns. DealBook: Silver Lake and Partners Group to Buy Global Blue for $1.25 Billion The private equity firm Silver Lake and the investment management company Partners Group have agreed to buy Global Blue, a tax-free shopping business. Beijing Accuses U.S. of Trade Violations in Energy Sector The Chinese ruling that U.S. government support for six renewable energy projects violated free-trade rules was the latest volley in a widening conflict between the two countries over clean energy. DealBook: Buffett's Goldman Deal Is Topic in Gupta Insider Case Byron D. Trott, an adviser to Warren Buffett and a former Goldman Sachs vice chairman, detailed how Mr. Buffett's investment in Goldman materialized. Chinese Manufacturing Activity Slows Further, Survey Shows New data confirms that the Chinese economy is struggling to regain momentum and cementing expectations that Beijing will step up efforts to prop up growth. Hong Kong Businessman to Face Trial in Bribery Case Joseph Lau, head of the development company Chinese Estates Holdings, is accused of bribing a former government official to acquire land in Macau. Mondelez Is New Name for Kraft?s Snack Foods Company Mondelez International, whose meaning is a combination of ?world? and ?delicious? in several romance languages, will adorn packages only in small print. Brock, Schechter Loses Registration for Improper Audits of Chinese Companies A Buffalo firm agreed to be auditor of record for several Chinese and Taiwanese companies, but an oversight board in the United States called a halt. Oil Sanctions Take Economic Toll, Syria Says Sanctions against Syria?s oil industry are taking a substantial toll, draining $4 billion from the country?s economy so far and causing widespread fuel shortages. Bank of Japan Keeps Rate Steady but Warns of Risks A prolonged slowdown in Chinese growth and the simmering debt crisis in Europe could hurt the Japanese economy, the central bank's govenor warned. DealBook: Glaxo Amends Its $2.59 Billion Bid for Human Genome Sciences The British drug maker GlaxoSmithKline has changed the terms of its proposed takeover offer for Human Genome Sciences in response to the poison pill adopted by the biotechnology company. DealBook: Seagate to Buy LaCie Seagate Technology said on Wednesday that it had agreed to buy LaCie, a maker of consumer hard drives, for about $186 million in cash. DealBook: Sequoia Capital Said to Be Expanding to Brazil By setting up a regional office, likely in São Paulo, Sequoia Capital would be the latest Silicon Valley stalwart to tap into the region?s growing economy. The Female Factor: Mobile Phones Offer Indian Women a Better Life In India, researchers are beginning to study the effects that the explosive growth in the mobile phone market has had on women's lives, in some cases, breaking the pattern of marital isolation. Google Privacy Inquiries Get Little Cooperation All sorts of private Internet communications were casually scooped up as Google Street View cars photographed the world?s streets. Partnership Plans to Bring Ultrahigh-Speed Internet to Six Communities A start-up company will work with an alliance of universities to build faster networks to foster economic development and to promote services like education and health care. Uniqlo Sees Room for Growth in the U.S. The Japanese basics brand Uniqlo, betting on a comeback for the American consumer, is taking advantage of recession-lowered rents to expand in the United States. Britain Charts Way to Wider Nuclear Investment Britain announced plans Tuesday to finance a new generation of nuclear power plants and renewable energy facilities in a move that illustrates divergent energy policies within the European Union. Zuckerberg?s Property Status, Post-Marriage Whatever Mark Zuckerberg earned before marrying his college sweetheart is still solely his property afterward. State of the Art: New Google and Bing Engines Go Beyond Search - State of the Art Microsoft and Google are jostling for bigger shares of the search market by including more data on search subjects. White Collar Watch: The Facebook I.P.O.'s Potential Legal Exposure The success of shareholder lawsuits is likely to depend on whether certain information should have been disclosed to all investors, and with more details. Room for Debate: Can Euro Bonds Save the Union? Would the issuance of euro bonds help to solve the Continent?s debt crisis, or simply spread the pain to the stronger nations like Germany? Op-Ed Contributor: The Crisis of European Democracy Reform on a well-thought-out timetable must be distinguished from reform done in extreme haste. I.H.T. Special Report: Smart Business: To Czech Industry, Everything Is Nano Industries based on nanotechnology are a rapidly growing niche in the economy of the Czech Republic, which, although small, is widely respected for its technical prowess. The Pain Hits Home in Madrid Caught in a downward spiral of debt and economic decline, Spain?s banking crisis has been deepening and its unemployment rate has been rising. For all too many, it has been a season of despair. The iEconomy Articles in this series are examining challenges posed by increasingly globalized high-tech industries.

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