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    FUJAIRAH, United Arab Emirates, Nov 10 (Reuters) - The UAE lending market would inevitably be hit by the liquidity crunch, and a global slowdown would add impetus to the Gulf monetary union project, the central bank governor said on Monday. Sultan Nasser al-Suweidi said the UAE, which pegs its currency to the U.S. dollar, decided not to track the latest U.S. Federal Reserve interest rate cut to ...
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    As the global credit markets continue to reel, pharmaceutical company mergers have chugged right along, with multibillion-dollar deals thriving in a cash-strapped market. The latest example: On Monday, King Pharmaceuticals, Inc. -- represented by Dewey & LeBoeuf -- renewed its proposed $1.6 billion offer for Alpharma Inc. The bid for Bridgewater, N.J.-based Alpharma, represented by Simpson ...
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