Dubai World, which is in talks to restructure $26 billion in debt, is offering lenders an additional 1 percent in interest upon maturity of new debt, but the deal is unlikely to satisfy banks, analysts told Reuters on Thursday. Read more..

By DEALBOOK - The New York Times

Essar Energy, will reduce the asking price for its $2.5 billion flotation to below its planned price range, The Financial Times reported. Read more..

By DEALBOOK - The New York Times

Goldman Sachs and other high-profile banks must defend against allegations by 15 California cities and counties that they conspired to rig bids for municipal investment contracts and derivatives, a U.S. judge ruled, according to Reuters. Read more..

By DEALBOOK - The New York Times

The Greek government, rapidly running out of time to shore up its finances, was close to completing negotiations for assistance from the International Monetary Fund, European officials said Friday. Read more..

By DEALBOOK - The New York Times

Europe’s collective anguish over Greece was interrupted by some good news on Thursday. German unemployment fell more than expected, while earnings surged for some of the country’s biggest companies. Read more..

By DEALBOOK - The New York Times

The long-term damage to BP’s reputation and perhaps to its future for drilling in the Gulf of Mexico are likely to be high, industry analysts said. Read more..

By CLIFFORD KRAUSS - The New York Times

Goldman Sachs and other big banks could see their earning reduced by billions of dollar if Congress approves tighter regulation of the derivatives market. Read more..

By DEALBOOK - The New York Times

The automaker released a software upgrade to solve a handling problem in the Lexus GX 460 identified in a test by Consumer Reports. Read more..

By NICK BUNKLEY and MICHELINE MAYNARD - The New York Times

The media conglomerate positive results, helped by cost cuts, may signal a recovery from weak advertising in the recession. Read more..

By BRIAN STELTER - The New York Times

The United States is the largest shareholder in the International Monetary Fund and has played a forceful, interventionist role in financial crises since the early 1990s. But as Europe gropes for a solution to a debt crisis that threatens to spread, American officials have been resolutely reticent. Read more..

By DEALBOOK - The New York Times