Dubai World has released a statement to say that it will restructure part of the group, including its property arm Nakheel.
Big News Network.com Mon, 30 Nov 2009 17:58:14 -0500

U.S. stocks were little changed Monday as investors shrugged off concerns surrounding the Dubai emirate.
Big News Network.com Mon, 30 Nov 2009 15:28:37 -0500

Lawyers for Merck & Co have told the US Supreme Court that investors shouldn't have waited so long to sue the drug maker over warnings about the risks of its painkiller Vioxx.
Big News Network.com Mon, 30 Nov 2009 18:07:16 -0500

The International Monetary Fund has welcomed an announcement by the central bank of the UAE which has made available an additional liquidity facility for Dubai.
Big News Network.com Mon, 30 Nov 2009 03:22:31 -0500

The Malaysian state of Johor has been shaken by the the Dubai debt crisis, from which it hopes to escape unscathed.
Big News Network.com Mon, 30 Nov 2009 03:58:51 -0500

China has put itself in the position of becoming the world’s biggest gold consumer.
Big News Network.com Mon, 30 Nov 2009 04:06:26 -0500

Japan has intimated it will add extra stimulus to the economy with at least 30 billion dollars in a package that will include measures to tackle the surging yen and weak share prices.
Big News Network.com Mon, 30 Nov 2009 03:48:24 -0500

World economic regulators have decided on the names of institutions for cross-border checking.
Big News Network.com Mon, 30 Nov 2009 03:35:04 -0500

Samsung Electronics, which is the world's number two mobile phone maker, has been put under pressure to lower prices in their high-margin touchscreen phones.
Big News Network.com Mon, 30 Nov 2009 04:15:21 -0500

Canberra, Nov. 30 : Despite a string of racial attacks on Indian students, Australia's education sector grew by 22.6 percent this year, generating earnings of 9.5 billion dollars from international students against last year's 1.3 billion dollars.
ANI Mon, 30 Nov 2009 06:40:07 -0500

The BBC has reported that the Borders bookshop chain in the UK has started a closing down sale in all of its 45 stores.
Big News Network.com Sun, 29 Nov 2009 18:33:11 -0500

China's Ministry of Commerce has begun a year-long anti-dumping investigation into chloroform from the United States, Europe and South Korea.
Big News Network.com Mon, 30 Nov 2009 03:42:38 -0500

Tony Fernandes, the Indian-origin CEO of low cost Malaysian airliner AirAsia has been named as the Airline CEO of the Year by Jane’s Transport Finance magazine in London.
ANI Sun, 29 Nov 2009 18:41:45 -0500

Swiss Economics Minister Doris Leuthard has said Switzerland should have imposed temporary limits on European job seekers during the economic crisis.
Big News Network.com Sun, 29 Nov 2009 18:27:49 -0500

Jurors in the Tom Petters fraud trial adjourned late Monday afternoon without reaching a verdict and will return at 9 a.m. Tuesday for their fourth day of deliberations. The jury of seven women and f...
Star Tribune Mon, 30 Nov 2009 18:38:41 -0500

International Paper says it will sell $750M in senior notes due 2039 to pay back debts - Paper and packaging company International Paper Co. said Monday it priced an offering of $750 million in 7.30 p...
Star Tribune Mon, 30 Nov 2009 18:38:39 -0500

NEW YORK - Moody's Investors Service said Monday it has assigned a "Ba3" corporate family rating to Charter Communications Inc.'s holding company, CCH II LLC, following the company's emerge...
Star Tribune Mon, 30 Nov 2009 18:38:17 -0500

BROKEN ARROW, Okla., Nov. 30 /PRNewswire-FirstCall/ -- Xeta Technologies, Inc. (Nasdaq: XETA) announces the following Webcast: What: Fourth Quarter 2009 Earnings Conference Call When: December 3, ...
RedOrbit Mon, 30 Nov 2009 18:36:52 -0500

SALT LAKE CITY, Nov. 30 /PRNewswire-USNewswire/ -- For career-minded information technology (IT) professionals, attaining well-established industry certifications can be almost as important as earning...
RedOrbit Mon, 30 Nov 2009 18:36:40 -0500

PEORIA, Ill. -- Caterpillar Inc. said Monday it plans to buy a subsidiary of a South Korean manufacturer of components for earthmoving and other machinery.The world's largest maker of mining and cons...
The Miami Herald Mon, 30 Nov 2009 18:33:20 -0500

Dubai tell a very different tale: "Dubai World issue has been blown out of all proportions" says UAE-based Emirates Business 24|7. "Dubai business leaders say issue overblown," writes Gulf News. Local...
Guardian Mon, 30 Nov 2009 18:29:14 -0500

New York - Major US stock indices booked gains Monday as prices for oil and metals lifted the energy and commodities sectors. Easing worries about the global impact of a possible default by Emirates-o...
Earth Times Mon, 30 Nov 2009 18:26:58 -0500

Computerworld - Microsoft today confirmed that it is looking into reports that November's security updates have triggered a black screen on some Windows users' PCs. "Microsoft is investigating reports...
Computerworld Mon, 30 Nov 2009 18:25:38 -0500

NEW YORK: US stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai's debt woes will be contained. Shortly before the market closed, ...
Times of India Mon, 30 Nov 2009 18:20:35 -0500

THO ) said Monday its net income during the first quarter increased over the previous year. Thor said an 18% increase in RV and towables sales, along with aggressive cost cutting, helped the company...
Fox Business Mon, 30 Nov 2009 18:06:20 -0500

SAN FRANCISCO -- Broadcom Corp. said late Monday that it signed a definitive agreement to buy Dune Networks, a privately-held developer of switch fabric solutions, for about $178 million. "Excluding ...
Fox Business Mon, 30 Nov 2009 18:06:19 -0500

SAN FRANCISCO -- Standard & Poor's Ratings Services on Monday revised its outlook on Saks Inc. to stable from negative and affirmed the company's B- corporate credit rating. "The stable outlook refle...
Fox Business Mon, 30 Nov 2009 18:06:18 -0500

THRX ) said the U.S. Food and Drug Administration did not approve its drug, Telavancin, for the treatment of nosocomial pneumonia. The agency asked for additional data, which the company has already...
Fox Business Mon, 30 Nov 2009 18:06:16 -0500

RSO ) announced it will offer $50 million in common stock in a public offering. The sole book-running manager will be FBR Capital Markets & Co. and JMP Securities LLC will act as co-manager. The...
Fox Business Mon, 30 Nov 2009 18:06:12 -0500

CAT ) said Monday that its acquisition of JCS Co., a subsidiary of South Korea-based Jinsung, will aid in a sales rise next year of 10%-25%. The news comes after Caterpillar reported better-than-ex...
Fox Business Mon, 30 Nov 2009 18:06:09 -0500

SYK ) said Monday it will purchase medical device reprocessing company Ascent Healthcare Solutions for $525 million in cash. The deal is expected to close by the end of 2009, and should not affect p...
Fox Business Mon, 30 Nov 2009 18:06:07 -0500

DISH ) and its more than 14 million customers for billing services. The Englewood, Colo., customer management and billing company entered into a three-year contract that expires on Dec. 31, 2012 for...
Fox Business Mon, 30 Nov 2009 18:06:05 -0500

President Barack Obama has called a jobs summit for December 3 – the day before the Bureau of Labor Statistics is likely to report the unemployment rate for November increased yet again, beyond the...
Fox Business Mon, 30 Nov 2009 18:06:02 -0500

WASHINGTON (Reuters) - The internal watchdog for the U.S. Securities and Exchange Commission is probing whether enforcement staff "committed acts of negligence" in conducting an insider trading invest...
Reuters Mon, 30 Nov 2009 18:05:14 -0500

NEW YORK, Nov. 30 -- Not that they ever went away... Braces hold up more than pants, they hold up tradition. Invented in 1822 to hold up high-waisted trousers, today's braces (also called suspenders i...
Earth Times Mon, 30 Nov 2009 18:04:11 -0500

AOL’s new chief plans to combine algorithms, marketing partnerships and cheap freelance writers in order to turn the stale web property into a vibrant online content factory pumping out stories ...
Wired News Mon, 30 Nov 2009 17:58:25 -0500

FINANCIALS paced a late session rally today for US stocks after a statement from Dubai World eased concerns about the magnitude of the debt problems that roiled markets last week.
The Australian Mon, 30 Nov 2009 17:55:32 -0500

The US Treasury Department is cracking down on mortgage companies failing to help borrowers at risk of foreclosure.The Treasury hopes the move will increase participation in its mortgage assistance pr...
BBC Mon, 30 Nov 2009 17:32:07 -0500

(RTTNews) - Stocks were able to eke out modest gains to open the week on Monday, as a mixed set of market drivers prompted choppy trading. The major averages were all able to close in positive terri...
Quote.com Mon, 30 Nov 2009 17:31:16 -0500

NEW YORK - Loews Corp. said Monday it has named Jacob A. Frenkel to its board of directors. Frenkel is chairman of the Group of Thirty (G-30), a private, nonprofit group focused on international eco...
Star Tribune Mon, 30 Nov 2009 17:01:40 -0500

SIOUX FALLS, S.D. - The harvest of soybeans, sorghum and sunflowers is wrapping up in South Dakota after another week of mild weather. The U.S. Agriculture Department says in its weekly crop report ...
Star Tribune Mon, 30 Nov 2009 17:01:39 -0500

NEW YORK (MarketWatch) -- Quarterly results from Guess Inc. were expected to grab investors' attention in Monday's after-hours session. Guess...
MarketWatch Mon, 30 Nov 2009 16:55:49 -0500

Dubai 's flagship airline, Emirates, has emerged as a potential pawn in the city state's scramble for financial stability.One of the world's fastest growing carriers, the scale of Emirates's ambition ...
Guardian Mon, 30 Nov 2009 16:52:22 -0500

Greece becoming the next Iceland and plunging into bankruptcy looms over a meeting of EU finance ministers in Brussels today as the Greeks prepare to take another pasting from their colleagues.After y...
Guardian Mon, 30 Nov 2009 16:52:21 -0500

Pubs group M&B owner of All Bar One chain has accused largest shareholder Joe Lewis of colluding to seize control of the group. Photograph: Guardian...
Guardian Mon, 30 Nov 2009 16:52:19 -0500

Yukos shareholders could end up laying claim to Russian government assets, including gas from Gazprom. Photograph: Denis Sinyakov/Reuters Yukos shareholders could seize Gazprom's gas, Aeroflot's pla...
Guardian Mon, 30 Nov 2009 16:52:18 -0500

Mitchells & Butlers, which owns All Bar One, has accused 'a number of shareholders' of trying to seize control of the board. Photograph: Guardian...
Guardian Mon, 30 Nov 2009 16:52:15 -0500

Dubai World's request for a debt standstill, the consensus view says "get a sense of proportion" is the right response to events in Dubai. The emirate contributes only 0.3% to global gross domestic pr...
Guardian Mon, 30 Nov 2009 16:52:13 -0500

Dubai government refused to guarantee the huge debts built up by its conglomerate Dubai World, dashing investor hopes that the latest episode in the global...
Guardian Mon, 30 Nov 2009 16:52:11 -0500

The final word over whether the European Commission has accepted, and is willing to oversee the deployment of, a new "ballot screen" that gives Microsoft Windows users the choice of Internet Explorer ...
Beta News Mon, 30 Nov 2009 16:46:13 -0500

Plans for the largest Tesco store in Ireland to be built near Banbridge have been rejected for a second time. It has emerged that Environment Minister Edwin Poots has accepted a recommendation by the ...
BBC Mon, 30 Nov 2009 16:36:20 -0500

The Chancellor of The Exchequer has told the Commons that he wants banks to disclose the pay of employees earning large salaries that are less than £1m.
Sky News Mon, 30 Nov 2009 16:36:09 -0500

NEW YORK -- U.S. stocks finished higher Monday, giving the major indexes gains for the month, after details about Dubai's debt emerged, offsetting investor uncertainty. The Dow Jones Industrial Avera...
Fox Business Mon, 30 Nov 2009 16:29:11 -0500

TEVA ) over Abbott's triglyceride drug, Tricor, paving the way for a generic version. The settlement involves the 145 milligram dose of Tricor which makes up the bulk of Tricor sales. The suit allow...
Fox Business Mon, 30 Nov 2009 16:29:09 -0500

Dubai's government said on Monday it was not responsible for the debts of its flagship conglomerate, offering little clarity on a plan to delay billions in debt repayments that has rattled world ...
Financial Post Mon, 30 Nov 2009 16:27:51 -0500

Canada's television regulator has launched a website for the public to register their opinions ahead a round of hearings that could determine whether local TV stations can charge cable and satellite ....
Financial Post Mon, 30 Nov 2009 16:27:50 -0500

OTTAWA/VANCOUVER -- Canada's efforts to speed through legislation to halt a strike by Canadian National Railway's locomotive engineers hit a political roadblock on Monday, damping hopes for a quick en...
Financial Post Mon, 30 Nov 2009 16:27:48 -0500

Canada's largest homegrown advertising company, Cossette Inc., said on Monday that U.S. private-equity group Mill Road Capital LP has sweetened its all-cash takeover bid for the company. Cossette's b...
Financial Post Mon, 30 Nov 2009 16:27:46 -0500

The Canadian economy grew at an anualized rate of 0.4% during the third quarter, enough to end the recession, yet far short of the 1% growth that had been expected by economists...
Financial Post Mon, 30 Nov 2009 16:27:44 -0500

OTTAWA -- Gold could test US$1,300 and commodities will remain strongly bid in 2010 as the U.S. dollar continues to weaken, Scotiabank commodities specialist Patricia Mohr says. Strength in commoditi...
Financial Post Mon, 30 Nov 2009 16:27:42 -0500

Prime Minister Stephen Harper, travelling to China for the first time this week, will seek to expand trade with the Asian country to reduce dependence on the slumping U.S. economy. Canada is the ...
Financial Post Mon, 30 Nov 2009 16:27:40 -0500

The Toronto Stock Exchange was up modestly Monday as economic data confirmed the recession in this country ended in the last quarter. As the markets closed, the S&P/TSX composite index was up 25 ...
Financial Post Mon, 30 Nov 2009 16:27:33 -0500

In the mining industry, takeover battles between small junior companies are usually over as soon as a senior steps in. After all, the seniors have the financial firepower and do not expect to get chal...
Financial Post Mon, 30 Nov 2009 16:27:32 -0500

MOSCOW -- AtomRedMetZoloto (ARMZ), a mining unit of Russia's state-owned uranium firm Rosatom, said on Monday it would bid for Canadian miner Khan Resources Inc., which has assets in Mongolia. AR...
Financial Post Mon, 30 Nov 2009 16:27:26 -0500

TORONTO -- In Bay Street lore, in the not so distant past, investment bankers and traders picked up their end-of-year bonuses in the form of a fat check, with the keys to luxury cars on offer to top p...
Financial Post Mon, 30 Nov 2009 16:27:24 -0500

Luxury retailers lost their traditional resilience during a financial crisis that hit the rich hard but offered attractive leverage to Wall Street's resurgence, the global recovery and increasingly we...
Financial Post Mon, 30 Nov 2009 16:27:21 -0500

A one-bedroom condo in Waikiki for US$50,000 or less? Yes. You could buy a number of such condos here in the famous vacation destination for that price. With $5,000 down, the principal and interest on...
Financial Post Mon, 30 Nov 2009 16:27:20 -0500

The registered disability savings plan, first introduced in the March 2007 federal budget, can be used by parents as a key planning tool for the future, writes Family Man columnist Garry Marr.
Financial Post Mon, 30 Nov 2009 16:27:13 -0500

TULSA, Okla., Nov. 30 -- Global Power Equipment Group Inc. (Pink Sheets: GLPW) ("Global Power") today published its unaudited financial results for the three and nine months ended September ...
Earth Times Mon, 30 Nov 2009 16:26:29 -0500

Microsoft is getting more aggressive in trying to woo news searchers away from Google, even reportedly offering to pay news outlets to block their content from the search giant.
CBS News Mon, 30 Nov 2009 16:25:15 -0500

Dangerous Batch of H1N1 Vaccine Found (AP) Big businesses are spending serious time and money trying to limit the swine flu pandemic's impact on operations, from bankrolling video on good hygiene to t...
CBS News Mon, 30 Nov 2009 16:25:11 -0500

"); jQuery('#sendemailclick').attr('value','Processing...'); jQuery('#sendemailclick').attr('disabled','disabled'); jQuery('#sendemailclick').attr('readonly','readonly'); return true; } // post-...
The Triangle Business Journal Mon, 30 Nov 2009 16:24:01 -0500

WASHINGTON - The Senate opened debate Monday on landmark health care legislation that would extend coverage to millions of uninsured and ban onerous insurance practices, with Democrats vowing to work...
Star Tribune Mon, 30 Nov 2009 15:18:18 -0500

PHOENIX - Arizona Gov. Jan Brewer says it's not inappropriate that some of her political associates are doing work for the payday loan industry that could result in controversial legislation reaching...
Star Tribune Mon, 30 Nov 2009 15:18:16 -0500

NEW YORK (MarketWatch) -- U.S. Steel Corp. led gainers among a quartet of steel producers that drew positive comments from Goldman Sachs on Monday, with analysts highlighting the recent underperforman...
MarketWatch Mon, 30 Nov 2009 15:12:05 -0500

SAN FRANCISCO (MarketWatch) -- Canadian stocks posted mild gains Monday, overriding a smaller-than-forecast rebound in the Canadian economy, as banks and mining stocks pulled the broader index higher....
MarketWatch Mon, 30 Nov 2009 15:12:03 -0500

Yesterday was the first day investors were able to trade in many Middle East markets since news broke on Wednesday that Dubai World, one of the region's largest property companies, was unable to pay i...
Guardian Mon, 30 Nov 2009 15:08:08 -0500

Syncrude Oil Sands, Mine and Refinery, the world's largest oil sand operation producing crude oil at Fort McMurray, Alberta, Canada, October 20, 2001. Photograph: Greg Smith/Corbis When you think of...
Guardian Mon, 30 Nov 2009 15:08:06 -0500

The inability of state owned Dubai World to meet its interest payments on debt could be 'painful but not fatal' for the world economy. Photograph: Ali Haider/EPA Either the inability of the debt-rid...
Guardian Mon, 30 Nov 2009 15:08:05 -0500

More shoppers than ever are logging on this Christmas to buy things like the iPod. Photograph: Justin Sullivan/Getty Images Online retailers are expecting bumper...
Guardian Mon, 30 Nov 2009 15:08:03 -0500

Greece's sovereign debt credit default swaps (CDS) is among the highest in the eurozone. Photograph: PETROS KARADJIAS/AP Concern over the state of the Greek economy grew today as nervous investors l...
Guardian Mon, 30 Nov 2009 15:08:02 -0500

InfoWorld - Microsoft has added SSL (Secure Sockets Layer) support to the Microsoft AJAX CDN (Content Delivery Network), enabling SSL backing for scripts served off the CDN. The free AJAX CDN service,...
Computerworld Mon, 30 Nov 2009 15:04:16 -0500

Silicon Valley insider Dan'l Lewin, who was hired by Microsoft in 2001 to promote its online services, says the company is more approachable now. He is shown at Microsoft's Mountain View, Calif., camp...
Seattle Post-Intelligencer Mon, 30 Nov 2009 14:57:16 -0500

THE ASSOCIATED PRESS WASHINGTON -- The Supreme Court has left in place an $82.6 million award to a woman who was paralyzed after her Ford Explorer rolled over. The justices on Monday rejected Ford...
Seattle Post-Intelligencer Mon, 30 Nov 2009 14:57:09 -0500

November 30, 2009 London - Britain's Lloyds Banking Group PLC says that it will cut just under 400 jobs as part of its ongoing restructuring program. The bank said in a statement Monday that it wil...
Business Report Mon, 30 Nov 2009 14:40:39 -0500

SAN FRANCISCO -- IBM Corp. said Monday it bought database security provider Guardium, a privately held company based in Waltham, Mass. IBM will integrate Guardium within its information management so...
Fox Business Mon, 30 Nov 2009 14:40:25 -0500

NEW YORK -- President Barack Obama has committed an additional 30,000 troops to stabilize Afghanistan, supplemented by some additional allied forces from NATO, The Wall Street Journal reported Monday...
Fox Business Mon, 30 Nov 2009 14:40:23 -0500

NEW YORK -- Gold futures rose Monday, marking one of the best months in 10 years, as continued weakness in the U.S. dollar boosted gold's appeal as a hedge against a weaker currency. December gold fu...
Fox Business Mon, 30 Nov 2009 14:40:19 -0500

AIG ) loss reserves are “significantly deficient again," Bernstein Research wrote in a note issued Monday that sent the bailed-out insurer’s stock plunging 12%. According to Dow Jones Newswires...
Fox Business Mon, 30 Nov 2009 14:40:17 -0500

WASHINGTON -- The Federal Reserve is taking the next step in its effort to design new tools that it plans to use when the time comes to reverse its extraordinary credit-easing policies, the New York ...
Fox Business Mon, 30 Nov 2009 14:40:14 -0500

DETROIT (Reuters) - Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensiv...
Reuters Mon, 30 Nov 2009 14:39:22 -0500

WASHINGTON (Reuters) - Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain worker...
Reuters Mon, 30 Nov 2009 14:39:21 -0500

Anti-Foreclosure Plan may Fall Short (AP) The Obama administration said Monday it will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part ...
CBS News Mon, 30 Nov 2009 14:35:32 -0500

(AP) EU governments agreed on Monday to allow the United States to access European banking data in anti-terror probes - but only for nine months while they seek a longer-term deal that could allow the...
CBS News Mon, 30 Nov 2009 14:35:32 -0500

BLOOMBERG Tuesday, Dec 01, 2009, Page 12 Asian stocks could offer returns of 36 percent in dollar terms next year, helped by growth in emerging markets, Goldman Sachs Group Inc said. The MSCI Asia-...
Taipei Times Mon, 30 Nov 2009 14:31:53 -0500

The weekend following Thanksgiving is probably the most important of the whole US retailing year.The amount of money shelled out at the shops this weekend hit $41.2bn (£25bn) - a rise of 0.5% on...
BBC Mon, 30 Nov 2009 14:07:34 -0500

NEW YORK - Citigroup Inc. on Monday named Willem Buiter, a London-based economics professor and author, as its new chief economist.Currently a professor at the London School of Economics, Buiter, 60,...
Star Tribune Mon, 30 Nov 2009 13:19:59 -0500

BOSTON - Six Massachusetts hospitals are suing the state, saying they were shortchanged by the 2006 health care law. The hospitals claim the state violated a law requiring health care providers be a...
Star Tribune Mon, 30 Nov 2009 13:19:57 -0500

NEW YORK (MarketWatch) -- Historical trends indicate -- no guarantees, of course -- that December will be a positive month for the U.S. stock market, with the information-technology category poised to...
MarketWatch Mon, 30 Nov 2009 13:13:54 -0500