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Global Insurance
 
Ford Motor Co announced it plans to sell most of its stake in Mazda Motor, the Japanese car manufacturer, citing slow auto sales and the deepening global crisis Photo: BLOOMBERG With its $5 trillion economy and store of cash rich banks, Japan had ...
Publ.Date : Sat, 11 Oct 2008 23:49:00 GMT
In the week of the crash in 1929, Wall Street fell by 23 per cent. Last week, it fell by 18 per cent, London and Frankfurt by 21 per cent and Japan's Nikkei by 24 per cent. Every major financial centre's interbank market is frozen. Trust and ...
Publ.Date : Sat, 11 Oct 2008 22:59:00 GMT
Falling euro zone inflation and stabilising inflation expectations could make room for a European Central Bank interest rate cut, Economic and Monetary Affairs Commissioner Joaquin Almunia said on Saturday. "Supported by the easing of commodity ...
Publ.Date : Sun, 12 Oct 2008 01:01:00 GMT
SEATTLE (AP) -- Microsoft Corp. Chief Executive Officer Steve Ballmer received a pay package valued at about $1.35 million for fiscal 2008, a year in which the software maker's profit climbed despite the troubled U.S. economy. Microsoft also said it ...
Publ.Date : Sun, 12 Oct 2008 01:29:00 GMT
Saturday, October 11, 2008 The news came on the radio that IndyMac had gone belly-up. It was late afternoon on Friday, July 11. Quittel had both a business checking and business savings accounts at the bank, but because each held less than the $100 ...
Publ.Date : Sat, 11 Oct 2008 23:42:00 GMT
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