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UAE faces up to 184 billion total debt BofAMerrill Lynch \n Reuters
Reuters – The United Arab Emirate (UAE) has total debt amounting to $184 billion at the end of 2009, according to estimates by Bank of America-Merrill Lynch, which said the region faces a heavy redemption schedule until 2013. Read More UAE fac...
Pimco Dubai triggers overdue correction in stocks \n Reuters
Reuters – Rising fears of a possible debt default at a Dubai state-owned conglomerate is the catalyst for an “overdue correction” in equities and risk assets, the chief executive of top bond fund manager Pimco said in an interview o...
Black Friday sales seen strong, but will it last \n Reuters
Reuters – U.S. consumers turned out in strong numbers to hunt for holiday bargains on Black Friday, though many said they were spending selectively and industry executives questioned whether the momentum would last. Read More Black Friday sale...
When Your Credit Card Application Is Not Accepted
With the advancement of the years, the public has accepted the major change called the “credit card”. It is truly a major change. Instead of stressing over carrying enough money to get what you want or need when shopping, your Visa or Mas...
Campbell Soup raises outlook, shares edge up \n Reuters
Reuters – Campbell Soup Co reported a higher-than-expected quarterly profit on Monday, helped by price increases and easing costs for ingredients including grains that offset a drop in sales. Read More Campbell Soup raises outlook, shares edg...
Cadbury hits new high as bidders circle \n Reuters
Reuters – Speculation about a bid battle for Cadbury among Kraft Foods and other rivals lifted shares in the British confectioner to a new high on Monday but analysts doubt whether a competing bid will emerge. Read More Cadbury hits new high...

