January 29, 2000

World and business leaders gathered in Davos, Switzerland, for World Economic Forum repeatedly cite demonstrations that disrupted World Trade Organization's Seattle meeting as threat to globalization they have long championed; Mexican Pres Ernesto Zedillo laments sudden emergence of 'globaphobia,' international force that has singled out global integration as primary cause of environmental and social problems; other participants agree that while sharing goods and ideas across national borders still makes economic sense, trend has run into moral and political roadblocks that may be difficult to overcome; politicians hold global institutions, including United Nations and International Monetary Fund, are not up to task and need basic reform; photo (M)

Mike Tyson goes to airport in Manchester, Eng, instead of staying at his hotel for weigh-in for his heavyweight bout against Julius Francis; Jay Larkin, executive of Showtime, which is televising bout, says Tyson was upset but that his bodyguard calmed him down and he returned to hotel for weigh-in with Francis, who is heavy underdog in bout (M)

Four New York City police officers accused in shooting death of Amadou Diallo have spent much of past year cloistered in their homes or lawyers' offices, avoiding demonstrations outside their houses and shunning news reports that they think miscast their case; their lawyers say they are eager to explain, for first time, what happened when they fired fusillade of 41 bullets at Diallo as he stood unarmed in vestibule of Bronx apartment building; photo (M)

Airlines are putting beds into their planes' business class sections on trans-Atlantic routes; business travelers, who buy only 20 percent of all tickets but account for about half of industry profits, have said they would rather snooze during long flights than dine on fine wine and caviar; Virgin Atlantic, British Airways and American Airlines lead the way; photo (M)

Rate Fears Shake Markets A stock selloff left the markets poised for their worst January in a decade. Weighing on stocks are fears of a Fed rate increase, exacerbated by continuing robust growth. BUSINESS DAY, PAGE C1 China Releases Scholar Song Yongyi, a United States-based researcher detained last summer while collecting historical documents in China, was freed. PAGE A3