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Bermuda-based Argo Group International Holdings Ltd. has appointed Michael Fleischer as the chief underwriting officer of its excess and surplus (E&S) lines segment. Mr. Fleischer will work closely with E&S segment businesses Colony, Argo Pro and Ar...

UPDATE 3-More tough U.S. economic times forecast by CBO + U.S. CBO chief sees lagging housing, factory sectors + 2010 fiscal deficit estimate cut on lower TARP cost + Jobless rate won't fall to 5 pct before 2014 - CBO + Anxiety over economy, deficits...

NEW YORK (AP) - Stocks tumbled yesterday after two disappointing economic reports renewed investors' concerns about the pace of the recovery. The Dow Jones industrial average fell 144 points. All the major stock indexes fell more than one percent. In...

BC-US--GM IPO, 1st Ld-Writethru,0939 A year after bankruptcy, GM plans stock sale AP Photo NYBZ181, NYBZ182, NYBZ183, NYBZ184, NYBZ185, OHMD203, GFX600 Associated Press Writers DETROIT (AP) -- Thirteen months ago, General Motors was fighting for its ...

BRUSSELS (AP) — The European Union has approved the payout of 9 billion ($11.6 billion) in loans to Greece under a bailout agreement. Monetary Affairs Commissioner Olli Rehn said Greece's progress in cutting spending to fight its financial crisis is ...

DUBLIN (Reuters) – Britain's Lloyds is closing its Irish business banking operation and effectively pulling out of the country in the latest blow for a local industry ravaged by bad debts and recession. Lloyds shuttered its 44-branch retail business,...

NEW YORK (Bloomberg) — HSBC Holdings Plc, Europe's biggest bank, should turn over internal reviews of potential fraud and other operational risks at Bernard Madoff's business from 2006 and 2008, a New York judge ruled. US Bankruptcy Judge Burton Lifl...

NEW YORK (AP) — Intel Corp. said yesterday it is buying computer-security software maker McAfee Inc. for $7.68 billion as the chip-maker adds to its arsenal of tools to serve an increasing array of Internet-connected devices, including mobile phones....

The Fairmont Southampton has awarded Ciara Talbot $5,000 towards her studies at Loma Linda University School of Medicine, where she will study to become a neonatal physician. Having completed her studies, Ms Talbot, of Southampton, plans to return to...

PARIS (AP) — European jet maker Airbus says that the newly established Tibet Airlines has chosen its single-aisle aircraft to launch a planned service flying within mountainous Tibet and across China. The commitment, which is not yet a firm order, is...