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Israel Signals More on the Way
Israeli jets attacked Hamas targets in Gaza for a second day, as the death toll in an aerial assault against the Islamic militant group escalated, along with international calls to halt the violence.
Wall Street Journal

UPDATE 1-U.S. e-commerce retailer Parent Co files for Chapter 11
NEW YORK, Dec 28 (Reuters) - E-commerce company Parent Co, which has hedge fund D.E. Shaw & Co as a majorshareholder, filed for Chapter 11 bankruptcy protection onSunday and plans to sell off its assets as weakening consumerdemand pummels U.S. retailers.
Reuters

Obama weighs `government spending and tax cuts`
A fiscal stimulus plan being prepared by the Obama economic team includes 'both government spending and tax cuts', said Lawrence Summers, the designated head of the White House National Economic Council
FT.com

Scuttled Kuwait Deal Threatens Dow`s Plans
Kuwait scuttled a multibillion-dollar joint-venture deal with Dow Chemical, potentially complicating the chemical giant's efforts to complete a huge acquisition.
Wall Street Journal

Saudi economic city 'ahead of investors target' - ArabianBusiness.com
CITY PLAN: An artist&os;s impression of Jazan Economic City. Jazan Economic City (JEC), one of King Abdullah's main projects to diversify the Saudi Arabian economy, is well ahead of its target of attracting investors, it was revealed on Monday. The ...
Feed Digest

Kuwait cancels Dow Chemical deal
Kuwait pulled the plug on a $17.4bn deal with Dow Chemical, the US's largest chemicals group, just days before it was due to come into effect
FT.com

The Future Of Health Care
It's not just automakers, finance firms and state coffers that stand to gain from government loans and stimulus spending. If President-elect Obama is able to pass a stimulus package early next year, r...
Big News Network

Ministry plans moves to counter bio-terrorism
With the threat of bio-terrorism extending to the relatively soft targets like agriculture and livestock sectors growing rapidly, the agriculture ministry has drawn up plans to set up a national agricultural bio-security system...
Newstin

Sumitomo Life set to raise Y100bn via loans
Sumitomo Life, Japan's fourth largest life insurance company, is set to become the latest Japanese financial institution to raise fresh capital, with plans to borrow about Y100bn ($1.1bn) in perpetual subordinated loans
FT.com

Tainted-Milk Victims to Get Payments
Advocates for families whose children were sickened by tainted milk in one of China's worst product safety scandals cautiously welcomed an industry plan to offer compensation.
Wall Street Journal

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