49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) - DSG International plc., the UK's largest electronics retailer, said it will reformat as many as 120 stores this year to revive sales, and shut more outlets to halt losses in Italy, fueling a 19 percent share price gain.
More than...
DATE: Mar 04, 2009
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AM Best has placed the ratings of Bermuda reinsurer IPC Holdings Ltd. under review with negative implications after the company announced its intention to merge with Max Capital.
IPC and its operating subsidiaries have a financial strength rating of ...
DATE: Mar 04, 2009
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LONDON (AP) — The Bank of England could start buying assets from banks with newly created money as early as this week to boost lending in the economy, Treasury chief Alistair Darling said in an interview published yesterday.
The Bank of England revea...
DATE: Mar 04, 2009
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WASHINGTON (Bloomberg) — Federal Reserve chairman Ben Bernanke said American International Group Inc. operated like a hedge fund and having to rescue the insurer made him "more angry" than any other episode during the financial crisis.
"If there is a...
DATE: Mar 04, 2009
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NEW YORK (AP) - Investors bruised by Wall Street's latest rout found little reason to pile back into the market.
Stocks extended their losses in an erratic session yesterday as investors wrestled with the reality that the economy is still far from a ...
DATE: Mar 04, 2009
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NEW YORK (Bloomberg) — American International Group Inc. was sued for securities fraud by former chief executive officer Maurice (Hank) Greenberg.
Greenberg sued yesterday in federal court in Manhattan, saying the company's "material misrepresentatio...
DATE: Mar 04, 2009
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"Keep calm and carry on" during the current economic crisis.
Those were the words of wisdom given by Argus Group president and CEO to concerned retirees at the Hamilton Rotary Club meeting held at the Royal Hamilton Amateur Dinghy Club yesterday.
In ...
DATE: Mar 04, 2009
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DETROIT (AP) — Major automakers' US sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years as huge rebates and low-interest financing failed to spur fearful consumers to make a majo...
DATE: Mar 04, 2009
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Staff at the Bermuda offices of American International Group were yesterday told their work would remain unaffected by the turmoil surrounding the New York-based parent company.
George Cubbon, president and chief executive officer of AIG's Bermuda op...
DATE: Mar 04, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - With the economy in the dumps, you might hesitate before buying discretionary goodies like video games or pizza. But what if you could get those things for free by doing something you might already be inclined to do - like signing up ...
DATE: Mar 04, 2009
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