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Page last updated at 00:11 GMT, Thursday, 26 November 2009

The Burj Alarab hotel, one of Dubai's most prominent landmarks Dubai asks for debt payment delay
The investment agency behind Dubai's rapid development asks its creditors for a six-month delay on repaying its debts.

Shoppers in a gadget shop Economy shrinks less than thought
The UK economy contracted at a slower pace than originally estimated between July and September, shrinking by 0.3%.

Shoppers in Virginia US consumer spending rebounds
US consumer spending rose by more than expected in October, raising hopes that the economic recovery is continuing.


OTHER TOP STORIES

Improvement in Japanese exports
Japan's exports fell at their slowest annual rate in a year in October, indicating the country is emerging from recession.

World Bank agrees Mexico loan
The World Bank approves a $1.5bn loan to support Mexico's economic stimulus packages.

US economic growth revised down
The US economy grew at an annual pace of 2.8% between July and September, less than the 3.5% previously forecast.

South African economy grows again
South Africa exits a nine-month recession after its economy returned to growth between July and September.

Russia cuts rates to record low
Russia's central bank cuts interest rates for the ninth time since April to a record low of 9% as inflation cools further.

US consumer confidence edges up
US consumer confidence edged higher in November after a big drop in October, figures show.


MORE FROM ECONOMY

Bank fears spark China share fall
Chinese shares suffers their biggest fall in almost three months as regulators hint banks may need to raise more money.

Tax credits boost US home sales
Sales of previously-owned US homes jumped by 10.1% in October as buyers rushed to take advantage of tax credits.

Gold at new high on weak dollar
The price of gold hits a new all-time high, and oil also rises, both boosted by concerns about the weakening dollar.

OECD economies return to growth
The economies of the 30 members of the OECD grew by 0.8% between July and September, the group says.

Party leaders detail growth plans
Political party leaders have been telling business leaders at the CBI conference how they will get the UK out of recession.

Thai economy continues to grow
Thailand's economy grows for the second straight quarter, boosted by a strong recovery in the country's manufacturing sector.

Manufacturers call for stability
The EEF manufacturers' organisation calls for the government to provide stability in its pre-Budget report.

ECB slows cash support
The European Central Bank says it will scale back emergency monetary support for fear of fuelling inflation.

Japan says deflation has returned
The Japanese government warns that deflation has returned to the country's economy for the first time since 2006.

Shoppers in muted VAT response
Shoppers have given a muted response to the lower rate of VAT although a majority want it extended, a BBC poll finds.

Trade deal agreed in East Africa
Leaders from Kenya, Tanzania, Uganda, Rwanda and Burundi sign a common market trade agreement.

Korea says no to US trade talks
South Korea dampens speculation the country is willing to re-negotiate a free trade agreement with the US.

World economy 'heads for growth'
Growth and recovery are expected in 2010 in most world regions, but the upturn will be modest, the OECD says.

Rise in public sector borrowing
UK public sector net borrowing reached £11.42bn last month, the highest for the month of October since records began.

Seasonal rise in mortgage lending
UK mortgage lending rose by 5% in October compared with the previous month, according to a lenders' group.

UK retail sales growth picks up
UK retail sales in October rose at the fastest annual pace since May 2008, government figures show.

Computer glitch hits US flights
A computer glitch affecting aircraft flight plans causes cancellations and delays across the eastern US.


ALSO IN THE NEWS

Children are 'worth £5bn' to the UK economy, a report suggests
Spending by UK children has hit record levels despite a fall in parents' disposable incomes, research indicates.


FEATURES, VIEWS, ANALYSIS

Mumbai's return
Business as usual a year after the deadly attacks

Fuelling change
The motor industry is told to target a low carbon future

Flood threat
Liberia struggles to deal with impact of rising sea levels


FEATURES, VIEWS, ANALYSIS

Tight space
Hong Kong's poorest have to live in wooden cubicles

Business vote
How did CBI delegates react to UK political leaders?

Trade talks
India's premier in US to talk trade with Barack Obama



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