49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) - Northern Rock plc., which suffered the first run by UK bank depositors in more than a century, may remain nationalised for years to come, according to the chairman appointed by Prime Minister Gordon Brown's government.
"We are cl...
DATE: Feb 19, 2008
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NEW YORK (Bloomberg) — The US Toy Industry Association, whose members include Mattel Inc. and Lego A/S, said its board unanimously approved a plan for a new testing system following the recall of tens of millions of Chinese-made toys last year.
The p...
DATE: Feb 19, 2008
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DOHA (Bloomberg) — Qatar is accumulating shares in Credit Suisse Group and plans to spend as much as $15 billion on European and US bank stocks over the next year, the Gulf state's prime minister said in an interview.
"We have a relation with Credit ...
DATE: Feb 19, 2008
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Finance Minister Paula Cox told business people yesterday that she had striven to limit Government spending in the face of hefty financial requests from her Cabinet colleagues.
And she added that the large increases in Government current account spen...
DATE: Feb 19, 2008
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AUTHOR:
Jonathan Kent
Ron Sandler will continue as chairman of Bermuda-based insurer Ironshore despite having been appointed by the British government to run the ailing Northern Rock Bank.
UK Prime Minister Gordon Brown selected former Lloyd's of London chief executive of...
DATE: Feb 19, 2008
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AUTHOR:
Jonathan Kent
PARIS (Bloomberg) - Societe Generale SA's Fimat unit began investigating Jerome Kerviel's trades through broker Moussa Bakir four months before the bank blamed Mr. Kerviel for a record loss.
The head of Mr. Bakir's desk initiated an "internal study" ...
DATE: Feb 19, 2008
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NEW YORK (Bloomberg) — Regulators' plans to break up bond insurers into "good" businesses covering municipal debt and "bad" businesses liable to subprime-related losses may trigger "years of litigation," Bank of America Corp. analysts said.
New York ...
DATE: Feb 19, 2008
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LONDON (Bloomberg) - Motorola Inc. and BlackBerry maker Research In Motion Ltd. sued one another over mobile-phone patents, each claiming their competitor is using handset technology without permission.
Motorola, the biggest US maker of mobile phones...
DATE: Feb 19, 2008
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HAMILTON, Bermuda (BUSINESS WIRE) - RAM Holdings Ltd. has responded to an announcement by Standard & Poor's Ratings Services (S&P) last week that it has placed the AAA financial strength and financial enhancement rating of RAM Reinsurance Company Ltd...
DATE: Feb 18, 2008
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NEW YORK (Reuters) - Efforts to rescue a distraught US bond insurance industry could inject a positive note on Wall Street but the economic data and earnings reports on tap for this week are unlikely to change a downward trend for stocks.
Investors t...
DATE: Feb 18, 2008
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