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business - "market"
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AIG's Sullivan Steps DownThe insurer, which has lost billions on bad bets on the mortgage market, announced that Chairman Robert Willumstad has taken over as CEO, replacing Martin Sullivan
Another Exclusive Fund for deVere and Partners from GAM Fund Management Ltd (PR Newswire)One of the world's Top Fund Managers, GAM Fund Management Ltd, have provided deVere clients with an opportunity to profit in both rising and falling markets achieved from a unique combination of GAM's long/short equity managers.
UAE markets downThe Dubai Financial market ended the day at 5,632.27, down by 0.47%. Top gainers include Tabreed, DIC and Shuaa. Meanwhile, the Abu Dhabi Securities Exchange also slid by 0.16% closing at 5,109.72.
Poker ace seeks Centro assetsJULIUS Colman, who sold his MCS syndicates business to Centro Properties five years ago, has made a series of approaches to buy part of the embattled shopping centre group's fee-generating 'services business', which only a year ago carried a bull market valuation of $5.5 billion.
Aussie market to reboundTHE Australian sharemarket is expected to rebound by up to 60 points today after a rally on wall street driven by falling crude oil prices and a tame inflation report.
UBS drawing up house builders planShares in house builders have been hammered in recent weeks over concerns about the bleak and uncertain market outlook. Shares in Taylor Wimpey have fallen 57 percent in the last three months and Barr...
ScS in talks to raise working capitalResearch ) said on Sunday it was in discussions with a number of external parties to raise additional working capital after the unexpected withdrawal of credit insurance from the market.
Report: AIG board meeting to weigh CEO resignationThe board of directors of insurer American International Group Inc., which has lost billions on bad bets on the mortgage market, was meeting Sunday to consider the possible resignation of the company's chief executive, The wall street Journal reported. Citing...
IMF says will probe oil marketSunday, June 15, 2008 OSAKA: The International Monetary Fund said on Saturday it would investigate the surge in crude oil costs after the G8 club of rich nations called for a probe into wild swings ...
Tadawul holds steadyhe Tadawul all share index started the week up 0.21%, boosted by trades on three of the 118 companies traded today. Al Inmaa, Petrorabigh and Zain accounted for 52%, or 149 million shares out of 287 million shares, traded in the market. The value of the trades stood at SR4.1bn out of total of SR10.7bn, equal to 38.3%.
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Archived "business - market" news stories.
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