By Emily Chasan
DUBAI - Dubai World has made progress in its debt restructuring talks with creditors including four UK banks, British Trade Minister Lord Mervyn Davies said in Dubai on Wednesday.
By Matt Smith and Steven Slater
Dubai World's chief restructuring officer meets with HSBC to outline proposals for settlement of group's debt.
DUBAI - THE debt-ridden Dubai World conglomerate is outlining proposals to restructure US$22 billion (S$46.1 billion) of its debt to leading creditors, The National daily reported on Tuesday.