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Peugeot Ousts Chief Executive Peugeot Citroën's board ousted CEO Christian Streiff, saying the French car maker needed new leadership to "unlock" its potential. Wall Street JournalDeutsche Bank to review Lloyds insurance assets Deutsche Bank is to conduct a review of Lloyds banking Group's insurance businesses following discussions with investment banks FTCalifornia Medical Association Files Class Action Suit Against WellPoint For Defrauding Patients And Physicians The California Medical Association and the American Medical Association have joined individual physicians and other state medical groups to file a class action lawsuit against health insurance company WellPoint, Inc. The lawsuit, filed today in Los Angeles federal court, alleges that WellPoint colluded with Ingenix, a unit of United Health ... Insurance HeadlinesPeugeot board drops Streiff as CEO First unexpected departure of a carmaker's chief since the sharp slide in global car sales began last year FTM&A volume starts year with 36% fall Global M&A activity is down year-on-year as governments around the world have helped the collapse by investing $145.8bn into banks and insurance companies FTCar industry fears send stockmarkets into reverse - The Guardian -- Front Page Despite last week's rally, shares around the world have fallen as investors grow more concerned over the stability of the main US carmakers Global stockmarkets tumbled today as crushed hopes that the economic crisis might be easing. Shares fell in Europe and across Asia, ending their recent rally, after the Obama administration rejected turnaround plans from ailing carmakers General Motors and Chrysler. Fears that this week's G20 summit in London might not deliver a rescue plan for the world economy also added to the gloom, as did the collapse of a Spanish bank. The US government's taskforce for the auto industry shocked investors overnight with the suggestion that a quick surgical bankruptcy might be the best chance for the companies to ... NewsRackA Promise - The Hotline Announcing the firing of GM Chairman and CEO Rick Wagoner , Pres. Obama pledges the government's commitment to GM and Chrysler. "It is my hope that the steps I am announcing today will go a long way toward answering many of the questions people may have about the future of GM and Chrysler. But just in case there are still nagging doubts, let me say it as plainly as I can - if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. Your warrantee will be safe. In fact, it will be safer than it's ever been. Because starting today, the United States government will stand behind your warrantee." The plan? "First, we will ensure that Recovery Act funds to purchase government ... NewsRackBarack Obama backs `bankruptcy` to save US car industry - The Guardian -- World Latest . Obama says General Motors and Chrysler must be 'retooled' . Global stockmarkets plunge amid fears for carmakers' future Two of America's biggest carmakers could go bankrupt, the US president, Barack Obama, admitted today. General Motors and Chrysler could use a short-term bankruptcy procedure as the best way of restructuring in a bid to offload their debt, while they continued to operate, Obama told reporters at the White House. He said the US would not let the auto industry simply vanish, but it must be retooled so it can survive "without an unending flow of tax dollars." His dramatic intervention came a day after his administration forced out GM's chief executive, Rick Wagoner, and rejected turnaround plans from the ailing ... NewsRackBMW Z4 Review (Today`s Review) The first BMW roadster with a hardtop. Its sophisticated design means the characteristic low-slung appearance remains unaltered even with the top down. This is possible thanks to the optimal folding of the two aluminium roof shells in approximately 20 seconds. With the top closed, the roof line of the roadster adopts a coupé-style silhouette, and [...]Source : Today's Review (subscribe)Explore : Car body style, Cars, Lifestyle, Mining, Roadster WikioTadawul-Index dips 0.5% Only the last trading hour dragged KSA'a Tadawul index down by 0.5% to 4,728.55 points. Saudi Export lost 8.47%, followed by Basic Chemical Industries (off 7.40%). Lower oil prices (down 3.6%) might have triggered a 'wait-and-see'-approach. Saudi-Arabia's role during the G20-summit this week, starting on April 1 in London will also influence the investors' decision, wether to continue to stay bullish or not. Allied Cooperative Insuance and Malath Insurance posted the biggest gains today, advancing by 9.97% and 6.55%, respectively. AME1 2 3 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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