Financial news on April 10, 2009

Business and Financial news
A Dispute in Bollywood Over Revenue

Producers of Hindi-language films are withholding their movies in hopes of getting a bigger piece of the box-office revenue. Read more..

By VIKAS BAJAJ - The New York Times

China Outlines Plans for Making Electric Cars

Subsidies to car buyers will underpin an effort to bolster the country’s competitiveness and achieve some environmental goals. Read more..

By KEITH BRADSHER - The New York Times

David Dreman, Contrarian Fund Manager, Exits Unbowed

A star mutual fund manager was fired from the fund that bears his name, and the fund will take fewer risks. Read more..

By FLOYD NORRIS - The New York Times

In Rural England, a Romanoff Tries to Restore Her Childhood Home

Princess Olga Romanoff has been renovating Provender, a stately home in Kent, England, since she inherited it in 2000. Read more..

By LIZA FOREMAN - International Herald Tribune

Jay Leno to Appear Onstage in an NBC Showcase

The network has scheduled a performance of its comedy stars for an audience of advertisers — right in the middle of upfront week. Read more..

By BILL CARTER - The New York Times

Mexico: World Bank Loan

The World Bank approved a $1.5 billion loan to Mexico to support health and education programs for poor children. Read more..

By BLOOMBERG NEWS - The New York Times

Sumitomo Mitsui Hit With $3.9 Billion Loss

The Japanese bank said it planned to raise $8 billion via a new share offer. Read more..

By BETTINA WASSENER - International Herald Tribune

Toyota Said to Weigh Reorganizing U.S. Operations

The reorganization would reportedly put sales, engineering and manufacturing operations in North America under one executive. Read more..

By MICHELINE MAYNARD - The New York Times

Uptick in Vasectomies Seen as Sign of Recession

Anecdotal evidence supports the intuition that more people might hesitate to expand their families during a downturn. Read more..

By LESLEY ALDERMAN - The New York Times

Yelp Will Let Businesses Respond to Web Reviews

The move is a big change for the site, which has until now steadfastly refused to give businesses significant access to its pages. Read more..

By CLAIRE CAIN MILLER - The New York Times

Exchange Rates of April 10, 2009
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 100.200 JPY 1 JPY = 0.010 USD
US Dollar Canadian Dollar 1 USD = 1.226 CAD 1 CAD = 0.816 USD
US Dollar Swiss Franc 1 USD = 1.154 CHF 1 CHF = 0.866 USD
US Dollar Chinese Yuan 1 USD = 6.834 CNY 1 CNY = 0.146 USD
Euro Japanese Yen 1 EUR = 132.160 JPY 1 JPY = 0.008 EUR
Euro Pound Sterling 1 EUR = 0.899 GBP 1 GBP = 1.113 EUR
Euro Australian Dollar 1 EUR = 1.832 AUD 1 AUD = 0.546 EUR
Euro Canadian Dollar 1 EUR = 1.616 CAD 1 CAD = 0.619 EUR
Euro Swiss Franc 1 EUR = 1.522 CHF 1 CHF = 0.657 EUR
Euro Chinese Yuan 1 EUR = 9.013 CNY 1 CNY = 0.111 EUR
Japanese Yen Pound Sterling 1 JPY = 0.680 GBP 1 GBP = 1.471 JPY
Japanese Yen Australian Dollar 1 JPY = 1.386 AUD 1 AUD = 0.722 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.222 CAD 1 CAD = 0.818 JPY
Japanese Yen Swiss Franc 1 JPY = 1.152 CHF 1 CHF = 0.868 JPY
Pound Sterling Australian Dollar 1 GBP = 2.039 AUD 1 AUD = 0.491 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.798 CAD 1 CAD = 0.556 GBP
Pound Sterling Swiss Franc 1 GBP = 1.694 CHF 1 CHF = 0.590 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.016 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 0.881 CAD 1 CAD = 1.135 AUD
Australian Dollar Swiss Franc 1 AUD = 0.830 CHF 1 CHF = 1.204 AUD
Australian Dollar Chinese Yuan 1 AUD = 4.918 CNY 1 CNY = 0.203 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.941 CHF 1 CHF = 1.062 CAD
Canadian Dollar Chinese Yuan 1 CAD = 5.575 CNY 1 CNY = 0.179 CAD
Swiss Franc Chinese Yuan 1 CHF = 5.918 CNY 1 CNY = 0.169 CHF

See what else happened on April 10, 2009