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Abu Dhabi Commercial Bank Is Said to Be Owed $1.9 Billion by Dubai World Abu Dhabi Commercial Bank PJSC may be owed $1.9 billion by Dubai World, making it the largest creditor outside the emirate to the state company seeking to reschedule debt, said two people familiar with the companies.

Dubai Shows Limits of Government Bailouts for Markets, Roubini's Das Says The worldwide decline in equities spurred by Dubai’s efforts to reschedule its debt is a sign that government spending alone won’t be enough to protect financial markets, according to Arnab Das of Roubini Global Economics.

Credit-Default Swap Reforms Roiled as Aiful, Cemex, Thomson Test Payments Wall Street’s system for determining payments on derivatives linked to the debt of defaulted companies is showing cracks less than a year after securities firms changed practices to avoid “Draconian” regulation.

Spanish Bullrings, Fake Eiffel Towers Can't Prevent 20% Unemployment Rate Bullrings and fake Eiffel Towers may not be enough to hold back the tide of surging unemployment in Spain, Europe’s one-time engine of job growth.

Germany's Top Nazi-Hunter Finds `Best Break' in Years in Brazilian Archive German investigators trying to track down Nazi criminals before they die may have had their “best break” in years after discovering a trove of Brazilian immigration files more than half a century old.

Nakheel Bonds Plunge on Dubai Request to Reschedule Payments: Chart of Day Bonds sold by Nakheel PJSC, a real- estate developer controlled by Dubai, plunged more than 50 percent after the Gulf state sought to delay debt payments.

Beijing Auto, Merbanco, Renco Said to Make Approaches About GM's Saab Unit Beijing Automotive Industry Holding Co., Merbanco Inc. and Renco Group Inc. have made approaches about General Motors Co.’s Saab unit after a sale to Koenigsegg Group collapsed, two people familiar with the situation said.

Siemens Hearing Aids Unit Said to Attract Interest From KKR, BC Partners Siemens AG’s hearing aid business, valued at as much as 3 billion euros ($4.5 billion), is drawing interest from private-equity firms including KKR & Co. L.P. and BC Partners Ltd., two people familiar with the matter said.

Feinberg's Stumping Helps Obama White House Skirt Public Outcry Over Pay Kenneth Feinberg’s decision to slash executive pay at taxpayer-rescued companies was “sheer stupidity,” says Home Depot Inc. co-founder Kenneth Langone. Not so, says compensation analyst Paul Hodgson: If anything, Feinberg is a “pay kitten” soft on Wall Street.

Dubai World's Nakheel May Need Further $2 Billion to Finish Developments Nakheel PJSC, the Dubai-owned developer whose parent is seeking to delay debt payments, may need $2 billion to finish residential developments, according to an analyst based in the sheikhdom.

U.K. Retailers Avoid Christmas `Armageddon' Repeat With Fewer Discounts A year after swaths of panic price cuts led to a Christmas “Armageddon” for U.K. retailers, Britons may find it harder to get a bargain before the holiday.

Hitachi Bullet Train to Challenge France's Record-Setting TGV on Home Turf Hitachi Ltd., maker of the 186 mile per hour (300 kph) Bullet Train, will bid against the French- built TGV on its home soil as the Japanese company targets a European rail market that’s the biggest in the world.

Vale, Alcoa Consider Building Colombia Aluminum Smelters on Price Rebound Vale SA and Alcoa Inc. may build aluminum smelters in Colombia, requiring investments of more than $2 billion per plant, once prices for the lightweight metal rebound, Energy and Mining Minister Hernan Martinez said.

Patron's Tequila to Push Autos and Beers Off `Blockbuster' U.S. Billboards Patron Spirits International, which outspent all other U.S. liquor brands on marketing last year, plans to grab more “blockbuster” billboards, ousting auto, phone and beer ads to catch up with tequila rival Jose Cuervo.

Black Market Signals Vietnam's Dong Devaluation Is Just Start of Weakening Vietnam, struggling to control accelerating inflation and a widening trade deficit, will keep weakening the dong after devaluing the currency for the first time since December, black-market rates and forwards show.

Greece Set for EU Rebuke on `Insufficient' Budget Reduction, Draft Shows European Union finance ministers will reprimand Greece next week for failing to take “credible and sustainable” measures to reduce its budget deficit toward the EU limit of 3 percent of output, a draft document shows.

BASF Said to Consider Styrene Joint Venture en Route to Exiting the Market BASF SE, the world’s biggest chemical company, is in talks to form a styrene joint venture as a prelude to exiting the market, a company official with knowledge of the situation said.

Wacom Plans to Raise Touch-Screen Panel Output as Windows 7 Drives Demand Wacom Co., the world’s biggest maker of electronic pens, aims to increase production of computer touch-screen panels fivefold next year as the release of Microsoft Corp.’s Windows 7 boosts demand from computer makers.

Hopping Locust Plague in Argentina Tests Farmers Unused to Devouring Bug Argentine farmers may struggle to repel a plague of locusts poised to devour the wheat crop from next month because they’re untrained in fighting the bug after three decades of wet and humid weather drove them from fields.

UBS, Ernst & Young Facing Luxembourg Test Cases Over Madoff-Linked Funds UBS AG and Ernst & Young LLP may face hundreds of damages claims if investors who lost millions of dollars in mutual funds linked to Bernard Madoff’s Ponzi scheme win a group of Luxembourg test cases.