GenevaLunch » Dubai World http://genevalunch.com Community Newspaper Online Fri, 10 Feb 2012 14:57:55 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://creativecommons.org/licenses/by-nc-nd/3.0/ Copyright © GenevaLunch 2010 editor@genevalunch.com (GenevaLunch) editor@genevalunch.com (GenevaLunch) http://genevalunch.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg GenevaLunch http://genevalunch.com 144 144 Community Newspaper Online GenevaLunch GenevaLunch editor@genevalunch.com no no European bourses rebound on Dubai debt talks http://genevalunch.com/blog/2009/12/01/european-bourses-rebound-on-dubai-debt-talks/ http://genevalunch.com/blog/2009/12/01/european-bourses-rebound-on-dubai-debt-talks/#comments Tue, 01 Dec 2009 10:10:49 +0000 Sean Ecker http://genevalunch.com/?p=32727 GenevaLunch.com Major European stock markets are rebounding 1 December led by banking shares after troubled United Arab Emirates’ conglomerate Dubai World announced it was in talks with lenders to restructure $29 billion worth of debt. Bourses were relieved by Dubai World’s effort to contain the damage of a massive debt default, and by the lesser amount [...]

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]]> http://genevalunch.com/blog/2009/12/01/european-bourses-rebound-on-dubai-debt-talks/feed/ 0 Dubai financial meltdown fuels market concerns in Europe http://genevalunch.com/blog/2009/11/26/dubai-financial-meltdown-fuels-market-concerns-in-europe/ http://genevalunch.com/blog/2009/11/26/dubai-financial-meltdown-fuels-market-concerns-in-europe/#comments Thu, 26 Nov 2009 10:50:55 +0000 Sean Ecker http://genevalunch.com/?p=32391 GenevaLunch.com The government of Dubai announced a unilateral moratorium on the $59 billion debt mountain of its biggest corporate entity, Dubai World, a conglomerate that owns ports and real estate around the world, 26 November. The government says it has appointed DeLoitte LLP to advise it on restructuring Dubai World. The news caused stock markets in [...]

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