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Will Alibaba have it easy as it attempts to go global?

Duncan Clark, Chairman of BDA, says it will require huge investments to transplant Taobao's service culture beyond China. He later discusses the e-commerce giant's bond offering.
Source: CNBC.com
Human rights groups release anti-surveillance tool

Amnesty International says the tool released Thursday, called Detekt, is designed for right activists and journalists but will be freely available to anybody who fears their computer is being used to monitor them. Developer Claudio Guarnieri, a security researcher based in Germany, says Detekt can currently find eight different pieces of spy software,...
Source: The Associated Press
Navy secretary racks up 930K miles in world travel

WASHINGTON- The Navy secretary has spent more than a full year of his five-year tenure on overseas travel, racking up more than 930,000 miles on trips that cost the taxpayer more than $4.7 million. Ray Mabus, the former Mississippi governor, has taken at least 40 trips outside the U.S as of July 2014, meeting officials and visiting sailors and Marines in more than...
Source: The Associated Press | By: LOLITA C. BALDOR, Associated Press
India urges higher pay for millions of Gulf workers

NEW DELHI/ DUBAI/ RIYADH, Nov 17- India is pressing rich countries in the Gulf to raise the wages of millions of Indians working there, in a drive that could secure it billions of dollars in fresh income but risks pricing some of its citizens out of the market. So India's campaign for much higher pay could have an impact on economies around the region, especially if it...
Source: Reuters | By: Rupam Jain Nair, Praveen Menon and Marwa Rashad
UPDATE 2-OECD sees plans by G20 nations topping global growth target

BRISBANE, Australia, Nov 14- The OECD said on Friday the plans of G20 nations to boost the world economy could beat their target of adding 2 percentage points to global growth by 2018, though geopolitical risks such as Ukraine and Ebola were mounting. Angel Gurria, the secretary-general of the Paris- based Organisation for Economic Co-operation and Development,...
Source: Reuters | By: Lincoln Feast and Jane Wardell
UPDATE 1-Shares in biggest Saudi bank jump 10 pct on listing

DUBAI, Nov 12- Shares in Saudi Arabia's biggest lender, National Commercial Bank, jumped their daily 10 percent limit upon listing on Wednesday after a $6 billion IPO, the largest ever in the Arab world and the second-biggest globally this year. Bahrain- based Securities& Investment Co rated NCB a "high conviction buy" with a target price of 72 riyals, citing its...
Source: Reuters | By: Olzhas Auyezov
Shares in biggest Saudi bank jump 10 pct on listing

DUBAI, Nov 12- Shares in Saudi Arabia's biggest lender, National Commercial Bank, jumped their daily 10 percent limit upon listing on Wednesday after a $6 billion IPO, the largest ever in the Arab world and the second-biggest globally this year. Bahrain- based Securities& Investment Co rated NCB a "high conviction buy" with a target price of 72 riyals, citing its...
Source: Reuters
OPEC feeling pain as oil slides to new 4-year low

Expectations of growing U.S. crude supplies sent oil prices to a new four-year low and are turning up the heat on OPEC members to cut production at their meeting this month.
Source: CNBC.com | By: Patti Domm
MIDEAST DEBT-Gulf bonds shrug off cheap oil, Dubai may be vulnerable

*Valuations may make Dubai bonds most vulnerable. Oil and gas production account for nearly half of economic output in the six Gulf Cooperation Council nations, some three-quarters of exports, and an even higher ratio of state revenues. Saudi Arabia may even post a budget deficit; the International Monetary Fund has estimated it will need an average oil price of...
Source: Reuters | By: Archana Narayanan
Saudi prince's libel fight costs $2.2M so far

One of the world's richest men has spent $2.2 million in legal fees so far fighting a libel battle with Forbes. The FT reports.
Source: Financial Times | By: Jane Croft