NEW YORK (Reuters) - U.S. stocks were poised for a higher open on Tuesday as concerns over Dubai's debt problems eased and solid manufacturing data from China boosted sentiment as investors awaited a host of U.S. economic reports.
DUBAI (Reuters) - Gulf markets dropped again on Tuesday, taking little comfort from Dubai World's plan to restructure about $26 billion of debt, while the rulers of Abu Dhabi and Dubai talked up their economic strength.
NEW YORK (Reuters) - Staples Inc reported quarterly results that topped analyst estimates and forecast a sales rise in the current quarter as trends improve at its North American retail business.
HONG KONG (Reuters) - Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.
PARIS (Reuters) - Vivendi shares rose on Tuesday as hopes mounted that Europe's largest entertainment group was close to selling its stake in U.S. media group NBCU and getting cash to fund its growth plans.
SAN FRANCISCO (Reuters) - When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
TOKYO (Reuters) - The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, relieving government pressure on the central bank to help avert another recession before upper house polls next year.
LONDON (Reuters) - Kraft Foods Inc is favorite to take over Cadbury Plc despite interest from Hershey Co and Ferrero, and talk of Nestle SA involvement, said analyst Andrew Wood at Sanford Bernstein.
MIAMI (Reuters) - A disbarred Florida lawyer accused by the FBI of running a $1 billion investment scam is expected to be arrested Tuesday on racketeering conspiracy charges, The Miami Herald reported.
HARADHEERE, Somalia (Reuters) - In Somalia's main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate.
