NEW YORK (Reuters) - U.S. stock futures pointed to a slightly higher open on Monday on optimism over holiday retail sales and as concerns eased that a possible debt default by two of Dubai's flagship firms could damage a global economic recovery.
DUBAI (Reuters) - United Arab Emirates stocks dived on Monday as investors waited for clarity on Dubai's plan to delay repaying billions of dollars in debt and government word on how it would tackle a crisis that has rattled global markets.
WASHINGTON (Reuters) - The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury's thinking said.
SAN FRANCISCO (Reuters) - Holiday shopping online hit a record for Black Friday, several days before the retail industry-coined Cyber Monday gets underway, as more consumers said they used the web to seek deals.
CHICAGO (Reuters) - Shares of Best Buy Co Inc , Amazon.com and American Eagle Outfitters Inc rose on Monday morning as investors bet they were gaining a larger share of spending over the holiday shopping season.
NEW YORK (Reuters) - U.S. fund managers decreased their heavy exposure to stocks in November while increasing their cash allocations ahead of 2009's close and on signs that economic recovery may be slow, a Reuters poll showed on Monday.
DUBAI/ABU DHABI (Reuters) - Glitzy Dubai may face a debt crisis that has sent a shudder through global markets, but you wouldn't know it from officials or local media.
SAN FRANCISCO/CHICAGO (Reuters) - Consumers spent significantly less per person at the start of the holiday season this weekend, dimming hopes for a retail comeback that would help propel the economy early in 2010.
BEIJING (Reuters) - Dubai's debt crisis could be China's opportunity to snap up gold and oil assets, a senior Chinese official said in remarks published on Monday.
(Reuters) - Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.
