TOP 100 FINANCIAL SITES
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| AIG Says Potential Derivatives Loss Not Material NEW YORK (Reuters) - American International Group Inc on Tuesday moved to calm investors shaken by itsearlier disclosure that derivatives losses could more thantriple to about $5 billion, a development that earned it arebuke from its auditor for a "material weakness" in internalcontrols. feeds.reuters.com |
Northrop, EADS Win $35B Air Force Deal WASHINGTON (AP) -- The Air Force on Friday awarded Northrop Grumman Corp. and a European partner a $35 billion contract to build airborne refueling planes, delivering a major blow to Boeing Co.... hosted.ap.org |
TUI Shifted to Annual Profit in '07 TUI swung to a net profit in calendar 2007 and is optimistic for 2008, aiming to boost profitability despite slowing global economic growth. online.wsj.com |
Fannie Mae CEO's pay rose in '07 as losses mounted NEW YORK (Reuters) - The head of Fannie Mae, a companychartered by Congress to help more Americans own homes, reapeda 7 percent rise in pay last year, to $13.4 million, while thecompany lost money and the country suffered its worst housingcrisis in decades. feeds.feedburner.com |
EU says imports from developing countries growing Imports from developing countries to the European Union (EU) have continued to rise, the European Commission said on Tuesday. Figures showed that EU imports from developing countries rose by 16 percent in 2006 from 2005 and by 14 p ... english.people.com.cn |