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Raising output not on OPEC agenda now
DUBAI - United Arab Emirates Oil Minister Mohammed Al Hamli said on Saturday raising oil production was not currently on the agenda for OPEC. Read Story
Obama to address worst unemployment rate since 1983
UAE
UAE Lags Saudi in Business Confidence
DUBAI — Senior executives in the UAE are much less confident about their economic prospects than their counterparts in Saudi Arabia, and they are almost twice as dissatisfied with their government’s response to the financial crisis, a fresh survey of business confidence in the Gulf has found.
Deutsche Bank Hails Saudi Prospects
Sage in Partnership Deal with ITE Distribution
HC Securities Raises Earnings Forecasts for Union National Bank
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INTERNATIONAL
G20 officials to wrestle over economic imbalances
Leaders of rich and developing countries pledged at their last summit to even out the glaring imbalances that are weighing on the world economy. Their finance officials now face the daunting task of finding common ground on just how to do that.
Toyota sees dollar averaging 93 yen in 2009/10
GM’s Opel move raises anger, new uncertainty
Opel puts best face on GM about-face on sale
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BANKING & FINANCE
Prices rise as U.S. unemployment jumps
NEW YORK - U.S. Treasuries prices rose on Friday after the government said the U.S. unemployment rate jumped in October, news that appeared to justify the Federal Reserve’s decision to keep interest rates low and heightened talk about another government stimulus package.
Royal Bank of Scotland reports sharp loss
ECB holds rates, clues on withdrawal steps sought
Bank of England faces key stimulus decision
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TECHNOLOGY
New 'smart' electrical meters raise privacy issues
MADRID - The new “smart meters” utilities are installing in homes around the world to reduce energy use raise fresh privacy issues because of the wealth of information about consumer habits they reveal, experts said Friday.
Droid joins smart phone war
Windows 7 debut a hit: NPD
Google lets users see stored account data
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