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Dubai defends move after confusion
From:  badpaper.org
A lack of nformation about Dubai’s flagship government-owned holding company, made worse by a religious holiday in the Middle East, prompted indiscriminate selling of stocks linked to the region Read Full Story
Emirate has a lot of explaining to do
From:  badpaper.org
The decision to ask bondholders of Dubai World to extend maturities from December to May 2010 was a bombshell and the emirate will pay the price for a long time to come Read Full Story
US retailers turn to social media on ‘Black Friday’
From:  badpaper.org
US retailers will on Friday unleash a traditional barrage of post-Thanksgiving holiday shopping promotions, with the National Retail Federation expecting 134m Americans to head for the stores. Read Full Story
Gold rush forces US to clip Eagle sales
From:  badpaper.org
The rush by retail investors into gold has forced the US government to suspend sales of the world’s most popular bullion coin, the American Eagle, after running out of inventories Read Full Story
Dubai debt difficulties hammer stocks
From:  badpaper.org
LONDON (Reuters) – Debt problems in Dubai struck financial markets hard on Thursday, sinking global stocks, lifting safe-haven bonds and driving the dollar higher. Read Full Story
Dubai debt worry ripples across assets
From:  badpaper.org
LONDON (Reuters) – Debt problems in Dubai hit global stocks, helped lift bonds and took the dollar away from a 14-year low against the yen on Thursday. Read Full Story
Dubai default fears spook investors
From:  badpaper.org
Global Markets Overview: Investors were spooked by the spectre of a default by Dubai and after a febrile foreign exchange market saw the yen surge to a 14-year high against the dollar Read Full Story
The emirate has a lot of explaining to do
From:  badpaper.org
The decision to ask bondholders of Dubai World to extend maturities from December to May 2010 was a bombshell and the emirate will pay the price for a long time to come Read Full Story
Dubai World to address investors
From:  badpaper.org
Dubai World will address investors to try and explain Wednesday’s announcement that the company wanted to restructure its debt Read Full Story
China sets carbon target for 2020
From:  badpaper.org
China made an important commitment to restraining the rise in its greenhouse gas emissions, announcing that it had set a target for reducing its carbon intensity by 40-45 per cent by 2020 Read Full Story