Financial Eyes & Ears

SHARJAH (AFP) – Net profit at Gulf low-cost carrier Air Arabia dropped nine percent in the third quarter from a year earlier amid concerns about swine flu and the credit crunch, it said on Saturday.

BERLIN (AFP) – General Motors will have to spend at least twice the three billion euros (4.

SINGAPORE (AFP) – US President Barack Obama came under fire Saturday from Asia-Pacific leaders for backsliding on free trade at a regional summit devoted to driving the world economy out of crisis.

GENEVA (AFP) – Swiss bank UBS might have to disclose only a & quot;very small & quot; number of US account holders compared to those envisaged in a settlement for a tax evasion case, the US ambassador to Switzerland has said.

SAO PAULO (AFP) – Lower oil prices contributed to a 1.

NEW YORK (AFP) – US stocks got a lift Friday from strong corporate news and data showing a rise in global trade flows, helping Wall Street cap a second straight week of solid gains.

WASHINGTON (AFP) – Surging imports pushed up the US trade deficit by a hefty 18 percent in September, according to official data Friday suggesting improving trade flows and a healing global economy.

FRANKFURT (AFP) – German steelmaker ThyssenKrupp revealed a record loss of 2.36 billion euros (3.