Bloomberg.com Exclusive News http://www.bloomberg.com Bloomberg LP en-us Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=ai9qojctV7q4&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=ai9qojctV7q4 Fri, 27 Nov 2009 02:03:18 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=awbY8oOeJUbk&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=awbY8oOeJUbk Fri, 27 Nov 2009 00:04:42 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aANN.DJq5h1E&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aANN.DJq5h1E Fri, 27 Nov 2009 07:26:46 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=a6BySqxg8kqM&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=a6BySqxg8kqM Fri, 27 Nov 2009 05:32:15 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=a3FUYfvletNQ&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=a3FUYfvletNQ Fri, 27 Nov 2009 03:19:57 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=awxpz4qNXkz4&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=awxpz4qNXkz4 Fri, 27 Nov 2009 06:38:56 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=asQSLCzXzG84&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=asQSLCzXzG84 Fri, 27 Nov 2009 07:22:49 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aQWzWEurDtEc&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aQWzWEurDtEc Thu, 26 Nov 2009 19:01:00 EST Financial News Nov. 27 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aTrz.0g50CKo&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aTrz.0g50CKo Fri, 27 Nov 2009 00:00:41 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aX1vnWP7gBVM&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aX1vnWP7gBVM Thu, 26 Nov 2009 12:05:10 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aVyFF1c3dNYI&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aVyFF1c3dNYI Thu, 26 Nov 2009 06:42:55 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aja6vjte._1I&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aja6vjte._1I Thu, 26 Nov 2009 08:08:57 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aUOGRc.MGgLA&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aUOGRc.MGgLA Thu, 26 Nov 2009 11:36:25 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=a3.Ro7tXy3.o&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=a3.Ro7tXy3.o Thu, 26 Nov 2009 03:17:38 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aSLdIQHPaIXc&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aSLdIQHPaIXc Thu, 26 Nov 2009 04:10:50 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=aBQm_3_RB7.0&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=aBQm_3_RB7.0 Thu, 26 Nov 2009 06:48:42 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=ar0Dj5UdYmh8&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=ar0Dj5UdYmh8 Thu, 26 Nov 2009 08:40:32 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=a6748Li_F7yc&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=a6748Li_F7yc Thu, 26 Nov 2009 01:28:42 EST Financial News Nov. 26 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=a_flyeIpdX4U&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=a_flyeIpdX4U Thu, 26 Nov 2009 11:42:38 EST Financial News Nov. 25 (Bloomberg) -- 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. http://www.bloomberg.com/apps/news?pid=20601109&sid=a8l8XzCeFL7E&refer=exclusive http://data.bloomberg.com/bb/rssstory?sid=a8l8XzCeFL7E Wed, 25 Nov 2009 09:50:59 EST