49296 results returned for search: "" category ("Other" AND "Business")
FRANKFURT, Germany (AP) — First-quarter earnings at DaimlerChrysler AG more than doubled as a strong performance by the Mercedes Car Group outweighed widening losses at the US-based Chrysler unit that the company agreed this week to sell.The German-A...
DATE: May 16, 2007
|
CATEGORY:
Other
|
It has been an impressive start to the year for Bermuda's insurance and reinsurance market with a combined profit of $3.3 billion amassed by two dozen key companies.
In only three months those 24 companies have made more money than the full-year gros...
DATE: May 16, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Mitsubishi Heavy Industries Ltd. delivered the first wings for Boeing Co.'s 787 Dreamliner, the new jet scheduled to enter service in a year. The wings were shipped from Central Japan International Airport near Nagoya to a Boeing assembly plant outsi...
DATE: May 16, 2007
|
CATEGORY:
Other
|
LOS ANGELES (Bloomberg) — 21st Century Insurance Group, a California-based car insurer, agreed to sell the rest of its shares to American International Group after AIG increased its offer 11 percent to $813 million.The world's largest insurer raised ...
DATE: May 16, 2007
|
CATEGORY:
Other
|
TOKYO (Bloomberg) — Japanese mutual funds' net assets rose to a record 62.5 trillion yen ($520 billion) in April as overseas stock-market rallies spurred investment.The combined value of their assets climbed from 59.4 trillion yen at the end of March...
DATE: May 16, 2007
|
CATEGORY:
Other
|
CONCORD, New Hampshire (AP) — Bermuda-based Tyco International Ltd. said yesterday it has agreed to pay about $3 billion to settle shareholder claims from one of the largest corporate fraud cases ever.Tyco said it would set up a $2.975 billion cash f...
DATE: May 16, 2007
|
CATEGORY:
Other
|
EVERYBODY'S in the takeover game. Finding itself no longer the world's No. 1 producer of aluminum, Alcoa Inc. last week tried to regain the lead with a hostile $27 billion bid for Canada's Alcan Inc. If it can't buy Alcan, Alcoa itself will be a take...
DATE: May 16, 2007
|
CATEGORY:
Other
|
TOKYO (Bloomberg) — Finance ministers of the Group of Eight industrial nations will discuss hedge funds and the global economy at a meeting in Germany this week, Japanese Finance Minister Koji Omi said.It's necessary to consider the supervision of th...
DATE: May 16, 2007
|
CATEGORY:
Other
|
LONDON (AP) — Consumer price inflation in Britain eased to 2.8 percent in April, official figures showed yesterday, but remained stubbornly above the government's target and retained pressure on interest rates.The rate for the 12 months ending in Apr...
DATE: May 16, 2007
|
CATEGORY:
Other
|
FRANKFURT, Germany (AP) — German-based DaimlerChrysler said yesterday it will sell almost all of money-losing Chrysler to a private equity firm for $7.4 billion, backing out of a troubled 1998 takeover aimed at creating a global automotive powerhouse...
DATE: May 15, 2007
|
CATEGORY:
Other
|
