Industries

Black Friday Shoppers Crowd Best Buy, Target in Pursuit of `Elusive' Gifts Shoppers took advantage of Black Friday discounts to snap up televisions, laptop computers and robot hamsters at Best Buy Co., Target Corp. and Toys “R” Us Inc. stores from New Jersey to Texas.

Cadbury Investors Should Sell as Higher Kraft Offer Unlikely, Analyst Says Cadbury Plc investors should sell their shares in the U.K. candy maker because Kraft Foods Inc. is unlikely to raise its cash-and-stock offer above the current share price, Consumer Equity Research said today.

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Crude Oil Futures Decline in New York as Dubai Debt Crisis Bolsters Dollar Crude oil in New York fell as Dubai’s attempt to reschedule its debt bolstered the dollar and prompted investors to sell commodities.

Heating Oil Prices Set for Drop on Trend, Newedge Says: Technical Analysis Heating oil for January delivery is “trending lower” to $1.921 a gallon, according to a technical analysis by Newedge Group.

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RBS Led Dubai World Lenders, HSBC Has Most at Stake in UAE, JPMorgan Says Royal Bank of Scotland Group Plc was the biggest underwriter of loans to Dubai World, the state company seeking to reschedule debt, while HSBC Holdings Plc has the most at risk in the United Arab Emirates, according to JPMorgan Chase & Co.

Dubai Debt May Exceed $80 Billion on Off-Balance Sheet Liability, UBS Say Dubai, the Persian Gulf emirate whose state-run companies are seeking to defer debt payments, may owe more than the $80 billion to $90 billion in liabilities assumed by investors, UBS AG analysts said.

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Diabetics in U.S. May Double in 25 Years Tripling Health Cost, Report Says The number of Americans with diabetes may almost double in 25 years, and the annual cost of treating them may triple to $336 billion, according to a study published today in the journal Diabetes Care.

Bayer Taps Marijn Dekkers for Portfolio, Deal-Making Skills, Wenning Says Bayer AG Chief Executive Officer Werner Wenning knew the German drug and chemical maker’s search for his replacement was over the day he met Marijn Dekkers.

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Abu Dhabi Commercial Bank May Have Most Dubai World Loans at $1.9 Billion 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.

China's First 50-Year Bonds Will Attract Life Insurers, Shenyin Predicts China’s 20 billion yuan ($2.9 billion) sale of 50-year treasury debt today, its first ever, will attract life insurers because the yield will probably be at least 4.4 percent, said Shenyin Wanguo Securities Co.

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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.

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Vivendi Should Seize Moment to Sell 20% NBC Universal Stake, Union Says Vivendi SA should seize the moment to sell its 20 percent stake in entertainment unit NBC Universal and bolster its strategy of expanding in emerging markets, the French company’s biggest union said.

`Screaming Hot' TVs Abound as Walmart, Kohl's Pursue Black Friday Shoppers Shoppers took advantage of Black Friday discounts to snap up televisions, laptop computers and robot hamsters at Best Buy Co., Target Corp. and Toys “R” Us Inc. stores from New Jersey to Texas.

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Merbanco, Renco, Beijing Auto 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.

GM's Saab Asks Sweden to Relax Terms of Rescue Funding, Union Leader Says Saab Automobile, offered for sale by General Motors Co., asked Sweden’s government to relax the rules of state rescue loans and provide funding, a union chief said.

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