76251 results returned for search: "" category "Business"
TSURU, Japan (AP) — US Transportation Secretary Ray LaHood took a ride yesterday on the fastest passenger train in the world, a Japanese maglev, as part of Tokyo's sales pitch for billions of dollars in high-speed train contracts from the US.
Washing...
DATE: May 12, 2010
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TOKYO (AP) — Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales recovery while fighting to salvage its reputation for quality.
But the automaker's top executive and an...
DATE: May 12, 2010
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Bermuda-based re/insurer Aspen Insurance Holdings Ltd. has announced the opening of new offices in New York and San Francisco for its new professional lines insurance team
The team will be led by Bruce Eisler, executive vice-president — chief profess...
DATE: May 12, 2010
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PARIS (Reuters) - The euro zone's trillion-dollar financial safety net may stabilise markets but it is likely to doom weak countries on the edge of the zone to several years of agonisingly slow growth.
That is causing economists to worry the zone's a...
DATE: May 12, 2010
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Bermuda-based Allied World Assurance Company Holdings Ltd. has announced it has joined forces with independent global security consultancy firm red24 to provide kidnap and ransom/extortion insurance.
As part of Allied World's new ForceField (SM) Kidn...
DATE: May 12, 2010
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LONDON (Bloomberg) — British Airways chief executive officer Willie Walsh must decide whether to stand his ground against cabin crew workers and ride out a strike that may cost the equivalent of 75 percent of projected annual profit.
The Unite union,...
DATE: May 12, 2010
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NEW YORK (Bloomberg) — Bermuda-based Assured Guaranty Ltd., the only active insurer of newly issued bonds, fell the most in almost 11 months after reporting first-quarter operating earnings that were lower than analysts forecast, and rival MBIA Inc.,...
DATE: May 12, 2010
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NEW YORK (Bloomberg) — American International Group approved a plan to award executives $380 million, based on their performance, as part of an overhaul of pay practices following the insurer's taxpayer-funded bailout.
The payouts are earmarked for a...
DATE: May 12, 2010
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UPDATE 2-AIG, Pru in talks to restructure AIA deal-sources
+ Talks around restructuring rather than price change
+ May cut cash by $2 bln; AIG may get Pru securities
+ Pru investor says understands Pru looking to cut price
+ AIG chief confident deal ...
DATE: May 12, 2010
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NEW YORK (AP) - The stock market mostly held on to its big comeback after investors set aside worries about Europe's debt struggles.
The Dow Jones industrial average fell about 37 points after fluctuating for much of the day. Broader indexes were mix...
DATE: May 12, 2010
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