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| Suitors line up for RBS's Sempra stake (at FT.com) December 9, 2009 at 6:30 pm |
| More than a dozen investment banks and other companies have signalled an interest in buying Royal Bank of Scotland's stake in Sempra Commodities, the US energy trading business, which could lead to a sale being agreed within a couple of months. |
| Oil producers (at FT.com) December 9, 2009 at 2:35 pm |
| If you're selling the black stuff, a higher price equals happier times, right? So oil producer nations must be pretty rosy these days: crude, after all, has doubled since January. Yet Gulf markets are the worst performing on the planet this year - and not just in indebted Dubai. |
| Dubai bourse drops for third day (AP) December 9, 2009 at 5:09 am |
| Dubai's largest stock exchange plunged for a third day Wednesday as investors fretted over the planned restructuring of Dubai World, the emirate's chief conglomerate which is grappling with roughly $60 billion in debts. |
| Dubai removes shipbuilding arm from restructuring (AP) December 9, 2009 at 2:14 am |
| Dubai World, the state-run company at the heart of the emirate's credit woes, is looking to protect another of its prized assets as pressure mounts on the debt-saddled company to pay back its lenders. | | | |
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