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Starbucks To Close 600 Stores
Starbucks Corp. says it will close hundreds of stores it opened over the past three years. The company did not say where the stores were located, but all together, 600 underperforming stores will close and 12,000 full- and part-time positions be cut.
NPR

Starbucks Closing 600 Stores in the U.S.
The U.S. coffee giant has plans for 3,500 new storesoverseas, but foreign outlets' narrowing profit margins pose a problem
BusinessWeek

Calyon Credit Agricole closes $1bn syndicated financing for Majid Al-Futtaim Group
Calyon Crédit Agricole CIB (Calyon) (the sole Underwriter and Bookrunner) is pleased to announce the successful closing of the $1bn syndicated facility for Majid Al Futtaim Group LLC (the 'Facility').
AME Info

UAE markets end mixed
The Dubai Financial Market on Wednesday lost 9.06 points, or 0.16%, to close on 5,531. Ajman Bank was the day's big gainer, up 14.86. Meanwhile, the Abu Dhabi Securities Exchange gained 53.14 points, or 1.05%, to finish on 5,096.
AME Info

Bank merger in doubt as shares dip
SHARES in St George Bank are edging into alignment with the terms offered by suitor Westpac, with the target's premium now at its narrowest since the takeover was announced in May.
The Australian

Merger in doubt as banks dip
SHARES in St George Bank are edging into alignment with the terms offered by suitor Westpac, with the target's premium now at its narrowest since the takeover was announced in May.
The Australian

Equifax Closes Russia Transaction (PR Newswire)
Equifax today confirmed it has completed its acquisition of a 28 percent equity stake in Global Payments Credit Services LLC , a leading credit information company in Russia. Equifax is acquiring its interest from Global Payments Europe, s.r.o., a subsidiary of Global Payments Inc. , and Home Credit & Finance Bank of Russia .
yahoo.com

What Exactly Is A Bear Market?
The bear's brief visit to Wall Street didn't last through the closing bell Tuesday, but the downturn left a mark on investor confidence. How does a bear market change the way we think about the overall economy?
NPR

Cathay Pacific Weighted Down By Jet Fuel Costs
) tumbled as much as 7.8%, to 13.70 Hong Kong dollars ($1.76), in afternoon trading on Wednesday in Hong Kong, before closing at 14.06 Hong Kong dollars ($1.80), down 5.4% from the previous trading da...
India Gazette

`Marketplace` Report: Starbucks Closing 600 Stores
The company is yet to announce which stores will close. What sort of opportunities might this create for the competition?
NPR

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