| Citigroup up on report Alwaleed plans bigger stake
(Reuters)
 Reuters - Citigroup Inc shares rose in premarket trading Thursday on a report that longtime shareholder Saudi Prince Alwaleed bin Talal plans to increase his stake in the bank to 5 percent.
| Stock futures cut losses after PepsiCo, Citi news
(Reuters)
 Reuters - Stock index futures cut losses on Thursday after PepsiCo , a food and beverage company, reaffirmed its 2008 profit and CNBC television reported that Saudi Prince Alwaleed bin Talal planned to boost his stake in Citigroup to 5 percent, a day after the bank's shares plummeted.
| GMAC applies to become bank holding company
(Reuters)
Reuters - Finance company GMAC filed an application with the Federal Reserve to become bank holding company. Highlights: | Recession blues play on
(Reuters)
 Reuters - World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
| PepsiCo stands by 2008 earnings outlook
(Reuters)
 Reuters - PepsiCo Inc reiterated its full-year 2008 earnings outlook on Thursday and said it would discuss innovation plans for 2009 for its North American beverage unit later in the day.
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