49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — American International Group Inc., the insurer selling units to repay a US loan, may use a "whole spectrum of deals" and keep some businesses until initial public offerings are possible, said restructuring chief Paula Reynolds....
DATE: Feb 02, 2009
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DAVOS, Switzerland (Reuters) - World leaders in Davos, well aware of recent riots and spreading political discontent, vowed to do more to prevent the financial crisis causing deeper economic damage and making global poverty worse.
French Economy Mini...
DATE: Feb 02, 2009
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TORONTO (Reuters) - Corporate Canada will likely deliver a wave of dismal earnings reports in coming weeks, but market pros say that could open the door to a stock rally as investors have grown numb to bad news and are ready to pounce on any morsel o...
DATE: Feb 02, 2009
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NEW YORK (Reuters) - The dollar is poised to extend its upward trend next week as investors brace for a new round of interest rate cuts in Britain, Australia and Norway and more evidence of economic malaise around the world.
The United States, of cou...
DATE: Feb 02, 2009
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DAVOS, Switzerland (Reuters) - Japan is ready to offer more than $17 billion of aid over three years to Asian countries to fight the global financial crisis, Prime Minister Taro Aso said on Saturday.
Addressing delegates at the annual meeting of the ...
DATE: Feb 02, 2009
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DAVOS, Switzerland (Reuters) - Creating "bad banks" may be the only solution to the worst financial crisis in generations, but the quid pro quo of government-led fixes may be more insular lending and a de-globalisation of finance.
After almost 100 ho...
DATE: Feb 02, 2009
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NEW YORK (Bloomberg) - Bermuda-based MF Global Ltd., the derivatives broker that lost 94 percent of its market value last year, said Simon Healy resigned as chief executive officer of European operations.
Laurence O'Connell, CEO of Asia-Pacific opera...
DATE: Feb 02, 2009
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The Argus Group is taking legal action to try to force the liquidation of two investment funds in an attempt to recover some of its life insurance policyholders' assets that were exposed to the Bernard Madoff debacle.
Argus filed a petition in a Caym...
DATE: Feb 02, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Chinese Premier Wen Jiabao said yesterday he had seen signs of a recovery in China's economic activity late last year after its runaway growth slowed abruptly.
"During the last ten days of December it started to get better. The goo...
DATE: Feb 02, 2009
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Argo Group International Holdings Ltd. has increased its loss estimates for Hurricane Ike by $15 million, following a string of Bermuda-based insurers who have done the same thing.
On Friday, the company also announced the formation of a Casualty and...
DATE: Feb 02, 2009
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