business - "announced"

President Bush has announced a $700bn bail-out plan to mop up toxic mortgage debts in the US financial system. The cash is likely to come from the country's expanding national debt, which currently ...

Wisconsin county Negotiates new deal with health insurance provider and offers incentives for prevention.Dane County Executive Kathleen Falk announced today the county will save $1-million in health care costs in the 2009 county budget by re-negotiating the contract with its health insurance provider. The new three-year deal with Physicians Plus Insurance Corporation holds down rate increases and offers incentives for even lower costs if employees take advantage of wellness and prevention programs.read more

Zain Group, the leading mobile telecom operator in the Middle East and Africa, announces the successful completion of its capital increase raising $4.34bn with 99% of all shareholders subscribing.

Cru Investment Management, the UK-based $800m absolute return investment company announced targeting the UAE and the region and unveiled its plans to offer its new Africa Agriculture Fund in the Middle East early next year.

The Dubai International Film Festival (DIFF)announced that the documentary feature film, The Day After Peace, has been chosen as part of the Rhythm and Reels line up for 2008.

The US Treasury has unveiled details of the government's unprecedented 700-billion-dollar bailout plan for the US financial sector.

THE Australian stock exchange is expected to open in an optimistic mood tomorrow after the US government announced an emergency rescue package.

Al Mazaya Holdings has announced plans to expand and establish two new companies in Ajman and Bahrain, including the launch of several more new projects. The company is gearing up in the upcoming Cityscape Dubai to showcase Downtown Jebel Ali and the Al Mazaya project in the Dubai Waterfront development.

AP - Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization.

Omaxe Ltd., the leading real estate developer with pan-India presence, today prepaid the entire outstanding sum on debentures issued to LIC Mutual Fund. The Rs 1crore each Debenture of Series H with a total value of Rs100 crores were due for redemption on September 23, 2008.