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Czech industry minister faults Commission carbon quota figures (AFP via Yahoo! News) - Czech Industry Minister Martin Riman Thursday attacked the grounds on which the European Commission has slashed the country's future greenhouse gas emissions quota.

Japan drug industry indulges yen for biotech (International Herald Tribune) - The upshot could be higher costs for takeovers and new products in the global pharmaceuticals industry.

Airlines' Profit Reports Bolster Industry Recovery (NPR) - Continental and Southwest Airlines posted higher than expected first quarter net profits today. The airline industry is recovering from a years-long slump as carriers cut back the number of seats for sale and charge higher fares. Marketplace's John Dimsdale talks with Alex Chadwick about the recent turnaround in the airline industry.

Japanese All Industry Activity Index Improves In February (Nasdaq) - (RTTNews) - Japanese all industry activity index unexpectedly rose in February, official data indicated Friday. All industry activity index rose 0.9% on month to 107.7 in February, the Ministry of Economy, Trade and Industry said. Economists were looking for 0.3% decline.

China: Cover-ups taint coal industry (BusinessWeek) - Chinese coal mine owners and managers are sabotaging evidence and moving bodies to cover up accidents, complicating efforts to clean up the world's deadliest mining industry, state media reported Thursday.

Electronics industry backs more H-1B visas (EETimes) - The industry group heralds the benefits of the revised SKIL bill and its potential impact on employment visa reform.

NPD: March US game-industry sales up 33 percent (GameSpot) - Industry-wide growth continues as games, systems, and accessories total tops $1 billion; software rises 15 percent year-on-year as God of War II sells more than 800,000.

Frontier Shares Buck Industry Downdraft (AP via Yahoo! Finance) - Shares of Frontier Airlines Holdings Inc. rose Thursday, one of the few gainers in the airline industry, after Calyon Securities upgraded its stock to "Neutral."

Japan Feb. All Industry Activity Index Rises 0.9% (Nasdaq) - (RTTNews) - Friday, Japan's all industry activity index rose a seasonally adjusted 0.9 percentage to 107.7 in February from 106.7 in the previous month, the Ministry of Economy, Trade and Industry said. Analysts expected the index to decrease 0.3% in March 2007.

*Japan Feb. All Industry Activity Index 107.7 Vs. 106.7 In Jan. (Nasdaq) - (RTTNews) - Japan Feb. All Industry Activity index 107.7 Vs. 106.7 in Jan.