76413 results returned for search: "" category "Business"
LONDON (Bloomberg) - Prime Minister Gordon Brown ordered the Treasury to take on people attempting to evade taxes overseas after the UK government joined Germany in investigating bank accounts in Liechtenstein.
The Treasury should "take whatever acti...
DATE: Feb 26, 2008
|
CATEGORY:
Other
|
Scottish Re Group Ltd, a struggling life reinsurer, said on Friday it may sell its international life reinsurance and wealth management units, and plans to cut costs after suffering mortgage-related losses and a credit rating downgrade.
The Hamilton,...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
LONDON (Bloomberg) — The UK tax collection department is investigating Britons with bank accounts in Liechtenstein for possible tax evasion, after a German probe in the alpine country turned up suspected wrongdoing.
Her Majesty's Revenue & Customs pa...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
OTTAWA (Reuters) - Investors unable to stomach a fitful market and unsettled by economic worries might seek refuge in recession-resistant consumer stocks, but success in this safe-haven strategy won't come easy.
Profit hinges on tough scrutiny and si...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) — Wall Street will face a slew of data this week: on Americans' spending, inflation at the producer level, home sales and manufacturing.
So far this year, economic data has been mixed, but overall worrisome, and that has made for a turb...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Ambac Financial Group Inc., the bond insurer facing a crippling credit-rating downgrade, may get $3 billion in new capital as part of a rescue agreement with banks, according to a person with knowledge of the discussions.
An an...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
Bermuda-based reinsurance firm White Mountains Re Group's subsidiaries Folksamerica Reinsurance Co. and Fund American Reinsurance Co. have been affirmed and assigned financial strength ratings (FSR) respectively by AM Best Co.
The ratings agency has ...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
LONDON (AP) — Virgin Atlantic carried out the world's first flight of a commercial aircraft powered with biofuel yesterday in an effort to show it can produce less carbon dioxide than normal jet fuels.
Some analysts praised the jumbo jet test flight ...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Two former Marsh & McLennan Cos. executives were found guilty of restraint of trade and acquitted of 20 other charges after the first bid-rigging trial in a New York probe of anticompetitive insurance sales practices.
William G...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
NEW YORK (Reuters) - Marsh & McLennan Cos Inc will pay Michael Cherkasky, the executive they brought in to broker a costly legal settlement in 2005, $7.15 million as part of a severance package reached after he was forced out earlier this year.
MMC, ...
DATE: Feb 25, 2008
|
CATEGORY:
Other
|
