49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — American International Group Inc., the insurer forced to peddle units to repay an $85 billion US loan, may sell a business providing property coverage for the world's biggest corporations, including General Electric Co.
AIG hir...
DATE: Oct 09, 2008
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NEW YORK (Bloomberg) — American International Group Inc., castigated by lawmakers for hosting a $440,000 conference days after an $85 billion federal bailout, plans to hold another gathering for brokers next week.
The event, at the Ritz-Carlton in Ca...
DATE: Oct 09, 2008
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NEW YORK (Bloomberg) — The Federal Reserve will provide as much as $37.8 billion in additional liquidity to American International Group Inc.'s regulated insurance units after rescuing the company with an $85 billion loan last month.
The Fed board us...
DATE: Oct 09, 2008
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The Island is proving "resilient" in the face of the global economic plunge which has stock markets reeling around the world and brought massive financial corporations to their knees, the Bermuda Monetary Authority said yesterday.
BMA chief executive...
DATE: Oct 08, 2008
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GIMP (GNU Image Manipulation Programme), the poor man's Photoshop, has come out with a new version that should help convince more people to go the open software route. Like Photoshop, GIMP is a high-powered image editing software.
The latest GIMP sti...
DATE: Oct 08, 2008
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Yacht owners will be able to get their vessels fully insured after Underwriting Risk Services Ltd. (URSL) launched its Yachtsure24 service in the US market.
URSL, which is a wholly-owned subsidiary of Talbot Holdings Ltd., which in turn was taken ove...
DATE: Oct 08, 2008
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Shares in Belco fell again yesterday to $17 — marking a new year low and a $1 drop this week. Belco saw 3,700 shares change hands to close down 0.29 percent ($0.05).
Argus shares also fell to a new low, closing at $12.90 (down $0.10 or 0.76 percent) ...
DATE: Oct 08, 2008
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washington (Bloomberg) — Three former American International Group Inc. chief executive officers deflected blame for the insurer's $85 billion US bailout, while a lawmaker said the firm blocked auditors from access to the unit that pushed it to the b...
DATE: Oct 08, 2008
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WASHINGTON (Reuters) - US Federal Reserve chairman Ben Bernanke yesterday signalled a readiness to lower US interest rates in a dramatic shift to support an economy battered by a financial crisis of "historic dimension".
Recent economic data and fina...
DATE: Oct 08, 2008
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WASHINGTON (Reuters) - The Federal Reserve said yesterday it would begin buying the short-term debt many companies use to fund their day-to-day operations, its latest emergency move to try to restore credit flows and protect the economy.
The central ...
DATE: Oct 08, 2008
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