GM in talks on partial Saab sale to BAIC: sources
General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said. Read Full Article here.
Commercial, Small Biz Loan Opportunities in 2010: Wells Fargo
Wells Fargo (WFC) CEO John Stumpf said on Tuesday that he expects to see opportunities for growth in commercial and small business loans next year. Read Full Article here.
McDonald's U.S. Nov same-store sale dip, shares fall
McDonald's Corp said sales at established U.S. restaurants fell 0.6 percent in November, the latest sign that the fast-food sector that had performed well through most of the recession is weakening. Read Full Article here.
FedEx raises fiscal second-quarter forecast
FedEx Corp said on Monday that its second-quarter earnings would easily beat its previous forecast, citing strong growth in international demand for its air services, especially in Asia and Latin America, and its shares rose more than 3 percent. Read Full Article here.
Dubai needs more time; investor confidence hit
Investor confidence in Dubai took a fresh knock on Tuesday as its leaders dithered over a rescue for debt-laden company Dubai World and ratings agency Moody's slapped a downgrade on government-related debt. Read Full Article here.
Japan unveils $81 billion stimulus
Japan's government agreed on a $81 billion stimulus package on Tuesday, aimed at preventing the economy from tipping back into recession as deflation persists and a strong yen threatens exports. Read Full Article here.
Tesco sales towards bottom end of forecasts
Tesco Plc, the world's No.3 retailer, posted quarterly sales growth toward the bottom end of forecasts, held back by a drop in food price inflation, but said a gradual consumer recovery remained on track. Read Full Article here.