49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Reuters) - The head of AIG said yesterday he was trying desperately to prevent the company from collapsing when he allowed the payment of $165 million in bonuses that have stoked widespread public outrage.
Edward Liddy, who took over as c...
DATE: Mar 19, 2009
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Standard & Poor's Ratings Services has lowered its counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its US-based intermediary holding company, Everest Reinsurance Holdings Inc., to BBB+ from A-.
The ratings agency Standard & Poo...
DATE: Mar 18, 2009
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I am in Madrid at a conference on satellite navigation. What is sure is the cell phone will be transformed into some sort of location device, that will be more or less precise depending on who it is intended for and the environment in which it is use...
DATE: Mar 18, 2009
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Householders will have the burden taken out of paying their electricity bills thanks to a new customer information system launched by Belco.
The Cayenta Utilities Customer Information System, which was implemented by the energy provider in January, a...
DATE: Mar 18, 2009
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LONDON (Reuters) - British Prime Minister Gordon Brown, lagging in opinion polls, said yesterday he wished he had done more to impose better regulation earlier and took full responsibility for his role in the economic crisis.
In an interview with the...
DATE: Mar 18, 2009
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TORONTO (Bloomberg) - Canadian stocks rose for a sixth day, led by oil producers and banks, after an unexpected increase in housing starts signaled stabilisation in the US economy.
Research In Motion Inc., maker of the BlackBerry mobile e- mail devic...
DATE: Mar 18, 2009
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A downgrade of the Government's debt rating would cost Bermuda taxpayers millions of dollars and Shadow Finance Minister Bob Richards does not want to see it happen.
After Moody's' announcement on Monday that it was putting the Island's bond ratings ...
DATE: Mar 18, 2009
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AUTHOR:
Jonathan Kent
WASHINGTON (Reuters) - Outraged US lawmakers proposed a special surtax yesterday on millions of dollars in executive bonuses at bailed-out insurer American International Group Inc amid howls of protest over the payouts.
The AIG affair threatens to un...
DATE: Mar 18, 2009
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Major countries such as the US and the UK are simply "passing the buck" by blaming offshore financial centres for the global economic crisis and taking steps to close them down.
That is the view of Sir Ronald Sanders, a former High Commissioner to th...
DATE: Mar 18, 2009
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SIOUX FALLS, South Dakota (AP) - I am sort of a public radio junkie, so if I am in my car and the kids have not usurped the radio dial, I am likely tuned to "Morning Edition", "Marketplace" or "Fresh Air." Unfortunately, my short daily commute often ...
DATE: Mar 18, 2009
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