49296 results returned for search: "" category ("Other" AND "Business")
The credit crunch affecting global financial markets is accelerating the integration of the world's fastest-growing economy China and the world's biggest economic power the US, according to Bermuda's John Milligan-Whyte.
He has been at the forefront ...
DATE: Jan 21, 2008
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AUTHOR:
Scott Neil
Everest Re Group Ltd.'s financial strength rating (FSR) of A+ (superior) and the issuer credit ratings (ICR) of aa- of its reinsurance and insurance subsidiaries have remained unchanged by rating agency AM Best following the findings on the company's...
DATE: Jan 21, 2008
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NEW YORK (AP) — Is an extra $800 in Americans' pockets enough to change the course of the ailing US economy?
President Bush, Treasury Secretary Henry Paulson and members of Congress seem to think so. Washington is talking about issuing tax rebate che...
DATE: Jan 21, 2008
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MONTREAL (Reuters) - As Canada's stock market suffers a bad case of the shakes, investors may look to oil, gold and select financial issues to calm their jangled nerves.
The Toronto Stock Exchange's main index fell 961 points, or seven percent, over ...
DATE: Jan 21, 2008
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NEW YORK (Reuters) - A heavy gloom hanging over Wall Street may deepen this week unless such bellwether companies as Apple and United Technologies provide investors with hope that the US economy can avert recession.
A slew of major corporations, also...
DATE: Jan 21, 2008
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HOFFMAN ESTATES, Illinois (AP) — Sears Holdings Corp. plans to reorganise into several companies in another bid to pull the ailing 121-year-old retailer out the doldrums, according to a report published on Saturday.
The restructuring could create sep...
DATE: Jan 21, 2008
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NEW YORK (Bloomberg) — Sales of existing homes in the US probably fell in December, capping the biggest yearly slump in almost a generation, economists said before a report this week.
Purchases fell one percent last month to a 4.95 million rate, the ...
DATE: Jan 21, 2008
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LONDON/NEW DELHI (Reuters) - Virgin Group will try to win over shareholders with a sweetened bid for Northern Rock on the eve of a speech by the British Chancellor to Parliament about the struggling UK bank, an unsourced Sunday Times report said.
Cha...
DATE: Jan 21, 2008
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NEW YORK (Reuters) - The Japanese yen and Swiss franc firmed on Friday as a fiscal stimulus package failed to ease US recession fears, prompting investors to shun risky assets such as stocks and higher-yielding currencies.
US President Bush on Friday...
DATE: Jan 21, 2008
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LONDON (Reuters) - British consumers are wasting thousands of pounds on useless and expensive insurance policies, consumer group Which? says.
While some insurance policies are must-haves — such as building and contents, life and car insurance — other...
DATE: Jan 21, 2008
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