November sales to shed light on holiday season start
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. Read Full Article here.
Equities rebound as Dubai fears wane
Worries about Dubai's debt slipped away on financial markets on Tuesday, allowing stocks to put in solid gains and weakening low-yield assets such as the dollar. Read Full Article here.
Arrest imminent in Florida Ponzi case: report
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. Read Full Article here.
Nokia files suits against display, monitor makers
Top mobile phone maker Nokia said on Tuesday it filed suits in Britain and the United States last week alleging a number of leading technology firms operate cartels for mobile phone and monitor displays. Read Full Article here.
Geely taps China banks to back $1.8 billion Volvo deal
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. Read Full Article here.
GE, Vivendi agree to value NBCU stake at $5.8 billion
General Electric Co and Vivendi SA have agreed in principle to a deal in which GE would buy the French company's 20-percent stake in NBC Universal for $5.8 billion, a source familiar with the matter said on Monday, paving the way for Comcast Corp's proposed joint venture with GE. Read Full Article here.
SEC watchdog eyes insider trading probe
The internal watchdog for the U.S. Securities and Exchange Commission is probing whether enforcement staff committed acts of negligence in conducting an insider trading investigation. Read Full Article here.