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