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The sun sets over Nakheel's Palm Jumeirah and its flagship Atlatis hotel on the first day of Eid al-Ad holiday in Dubai, November 26, 2009. REUTERS/Steve Crisp

Banks play down Dubai exposure 12:40pm GMT

Banks outside the Gulf have played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article 

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Battle over oil benchmarks

How much does a barrel of oil cost? With billions of dollars at stake, sometimes the answer depends on who is doing the asking.  Full Article 

UK

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Health watchdog sacks boss of failing hospital 2:05pm GMT 

LONDON (Reuters) - A health watchdog sacked the chairman of an NHS hospital on Friday, accusing him of failing to cut high death rates, cancer care waiting lists and queues in the casualty ward.  Full Article  

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Philippine clan members probed after killings 11:44am GMT 

MANILA (Reuters) - The Philippines on Friday barred its top elected official in the south, his father and other relatives from leaving the country as it investigated the massacre of 57 people earlier this week.  Full Article  |  Video  

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Black Friday

The day after Thanksgiving is often the single busiest shopping day of the crucial holiday season.