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    Last update: December 22, 2009

    +Dubai debt worry ripples across assets
      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.

    +No Thanksgiving rest for retailers in sales race
      NEW YORK (Reuters) - U.S. shoppers may stretch tight budgets this year to reward loved ones after months of thrift, a softening of heart that store chains hope will erase the holiday season sales debacle of 2008.

    +Dubai debt delay rattles UK, Europe banks
      LONDON (Reuters) - European banks were hit by concern about potential exposure to debt problems in Dubai on Thursday, while companies where Middle Eastern investors own big stakes also came under pressure.

    +Fannie Mae to tighten lending standards: report
      WASHINGTON (Reuters) - Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers can carry relative to their incomes, The Washington Post reported on Thursday.

    +BHP denies Rio backsliding on iron ore tie-up
      BRISBANE (Reuters) - Global miner BHP Billiton dismissed talk on Thursday that rival Rio Tinto was baulking at a proposed $116 billion joint venture in iron ore, insisting the two were close to a binding agreement.

    +AIG, ex-CEO Greenberg reach pact to settle disputes
      NEW YORK (Reuters) - AIG and former chief executive Maurice "Hank" Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write his memoir, as well as prized photographs and a Persian carpet.

    +Beal Bank makes play for Trump casinos
      NEW YORK (Reuters) - Beal Bank has made a restructuring proposal for bankrupt Trump Entertainment Resorts' Atlantic City casinos that would give it a 65 percent stake in the casinos company, the bank's attorney said on Wednesday.

    +Hershey Trust head's quandary: a kiss for Cadbury?
      HERSHEY, Pennsylvania (Reuters) - To LeRoy Zimmerman, the taste of chocolate will always mean Hershey's.

    +India Mahindra Satyam hit by new charges; outlook uncertain
      BANGALORE (Reuters) - Mahindra-Satyam shares fell to a 4-month low on Thursday, before recovering, on concerns over its outlook after Indian investigators filed new charges over accounting fraud that hit Satyam earlier this year.

    +Share trading on London Stock Exchange frozen
      LONDON (Reuters) - Share trading on the London Stock Exchange has been halted by technical difficulties, a spokesman for the bourse operator said on Thursday.

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