The Dubai Holding Commercial Operations Group, a real-estate and hospitality company owned by the emirate’s ruler, reported a full-year loss of 22.8 billion dirhams ($6.2 billion) after property prices plunged in the Gulf’s trade and tourism hub. Read more..

By DEALBOOK - The New York Times

Borrowing costs could rise as European banks compete with governments in the bond market. Read more..

By DEALBOOK - The New York Times

The Fitch ratings firm announced Friday that it had downgraded Spain’s credit rating by one notch, sending indexes on a swift decline of more than 1 percent. Read more..

By DEALBOOK - The New York Times

A strike for higher wages, which began May 22, has idled work at four other Honda assembly plants in China. Read more..

By BLOOMBERG NEWS - The New York Times

Growth for the year ended March 31 was 7.4 percent, beating a government forecast of 7.2 percent. Read more..

By THE ASSOCIATED PRESS - The New York Times

China is failing to carry out its pledges to liberalize its economy and open its markets to foreign companies, according to the European Union. Read more..

By BLOOMBERG NEWS - The New York Times

A three-way bidding war appears to have broken out for Healthscope, with Kohlberg Kravis Roberts and Tenet Healthcare reportedly joining the race to buy the Australian hospital operator. Read more..

By DEALBOOK - The New York Times

Demand for business and leisure travel is expected to be stronger this summer, meaning passengers will be fighting for seats that were cut significantly in the recession. Read more..

By JANE L. LEVERE - The New York Times

Europe’s troubles have not yet hurt banks in the United States, but it would be foolhardy to assume this problem is far away, The New York Times’s editorial board argues. Read more..

By DEALBOOK - The New York Times

Regulators on Friday shut down three affiliated banks in Florida and one each in Nevada and California, bringing the number of bank failures this year to 78. Read more..

By DEALBOOK - The New York Times