Ex-Official In Russia Is Convicted Of Aid Theft Yevgeny O. Adamov, Russia’s former nuclear energy minister, has also been charged in the U.S. with stealing $9 million in American aid intended to improve Russia’s nuclear security.... Read Full Article Stocks & Bonds: Financial Shares Lead Market Lower Investors balked after two Federal Reserve officials expressed concern about the subprime mortgage crisis and its impact on banks and brokerage firms.... Read Full Article Tempus: Digging Deep For a company known for its conservatism when it comes to acquisitions, Rio Tinto has certainly learnt how to kill off the competition when it gets round to making one. Today’s staggering $38.... Read Full Article World Briefing | Africa: Chad: A Moat Around The Capital The government is digging a 10-foot-deep trench around the capital, Ndjamena, to prevent a repeat of an attack last month, when rebels in pickup trucks rolled in and fought two days of heavy battles.... Read Full Article Israeli Raid On Syria Fuels Debate On Weapons Whether Syria is starting a nuclear program, as Israel may believe, is a difficult question for U.S. spy agencies.... Read Full Article |
Suggested NewsU.S. Shed Fewer Jobs Than Expected in AprilThe economy in April lost 20,000 jobs, fewer than predicted, but the report suggested to many economists that the U.S. is ensnared in a recession.Read Full Article Industry rivals in race for Royal Bank of Scotland InsuranceRoyal Bank of Scotland is considering selling a strategic stake in its insurance business and running the owner of Direct Line and Churchill as a partnership as it moves to raise capital to repair its tattered balance sheet. Bankers managing the sale of RBS Insurance are preparing to send out sales memorandums to prospective buyers, including private equity and trade buyers, over the next few weeks. A source close to the sales process said: “Some people would be interested in buying a large stake and having a partnership.” Analysts are speculating that the Edinburgh-based bank, which hoisted a “for sale” sign over the businesses this week, will be able to sell its insurance unit for about £6 billion. RBS confirmed that it was selling its insurance business as it pressed on with a deeply discounted £12 billion rights issue that has raised hackles among its big institutional shareholders. Going for a rights issue, after pledging for months that it had no need to raise capital, has put the jobs of Sir Fred Goodwin, chief executive, and Sir Tom McKillop, chairman, on the line. The bank is aiming to free £4 billion in capital gains from the process, which is running alongside its record breaking rights issue. Merrill Lynch is managing the sale, helped by Goldman Sachs. Banking sources said that there was huge interest in RBS Insurance, which also includes the Privilege car and home insurance operations. RBS Insurance underwrites a third of UK retail motor premiums, according to analysts at Keefe, Bruyette & Woods (KBW), who said that a new owner would be in a position to redefine the market for insuring cars in Britain. Personal motor insurance accounts for more than half of the business’s gross written premiums, KBW said. Direct Line was founded in 1985 and RBS bought Churchill in 2003 for £1.1 billion. As well as selling through the well-known brands, RBS Insurance underwrites policies sold by Tesco, Nationwide and several car retailers. KBW suggested that potential bidders were AIG, the American insurance giant, Allianz, of Germany, and AXA, of France. Warren Buffett’s Berkshire Hathaway reinsurance group, Generali, of Italy, and the Swiss Zurich Financial Services were also named. Aviva, Britain’s largest general insurer, yesterday ruled itself out as a bidder. Banking sources said that RBS would prefer to sell the business as a whole but would consider the sale of individual business lines, as well as a strategic stake. Sources close to the bank said that it would sell only if it received a sufficiently high offer but it hoped to complete a sale by the end of the year. Apax and Kohlberg Kravis Roberts are said to be considering a consortium bid, with Lehman Brothers, the investment bank, in line as an adviser. RBS shares closed the week almost 2.5 per cent higher, up 8¼p at 349p. RBS will offer 11 new shares for every 18 existing shares, priced at 200p.Read Full Article Conservatives Prevail in Iran Vote, but Opposition Scores, TooThe results suggested President Mahmoud Ahmadinejad could face opposition in next year’s presidential campaign.Read Full Article Really?: The Claim: Being Left-Handed Adds to the Risk of MigrainesThe lot of left-handers worsened in the 1980s when a study suggested they had a higher risk of headaches. But is it true?Read Full Article F.A.A. Auditing of Airlines Criticized at HearingA Senate subcommittee suggested that punishments for lapses at the Federal Aviation Administration should reach higher into the ranks.Read Full Article External News for: suggestedTwitter Scraps Suggested User List - ChannelWebThe HinduTwitter Scraps Suggested User ListChannelWebTwitter is ditching its suggested user list, for a more relevant and objective means of funneling new tweeters to important ...Twitter to abandon 'politically biased' suggested user listBetaNewsTwitter drops controversial list of suggested usersStrategyEye (subscription)Twitter dumping suggested users listTechJournal SouthHULIQ -RedOrbit -Geek.comall 622 news articles »Twitter Scraps Suggested User List - ChannelWebThe HinduTwitter Scraps Suggested User ListChannelWebTwitter is ditching its suggested user list, for a more relevant and objective means of funneling new tweeters to important ...Twitter to abandon 'politically biased' suggested user listBetaNewsTwitter drops controversial list of suggested usersStrategyEye (subscription)Twitter dumping suggested users listTechJournal SouthHULIQ -RedOrbit -Geek.comall 622 news articles »Continuing Opposition to Suggested Mammogram Guideline Changes - The LedgerABC NewsContinuing Opposition to Suggested Mammogram Guideline ChangesThe LedgerReaction has been strong to federal task force recommendation, released Nov. 16, that low-risk women in their 40s not get routine screening ...Task Force Responds to Mammogram ControversyABC NewsAfter the mammograms recommendation, the cancer debate rages on locallyThe Keene Sentineltask force sends wrong messageAlbany Times Unionmsnbc.com -Greenville Newsall 2,939 news articles »Twitter Scraps Suggested User List - ChannelWebThe HinduTwitter Scraps Suggested User ListChannelWebTwitter is ditching its suggested user list, for a more relevant and objective means of funneling new tweeters to important ...Twitter to abandon 'politically biased' suggested user listBetaNewsTwitter drops controversial list of suggested usersStrategyEye (subscription)Twitter dumping suggested users listTechJournal SouthHULIQ -RedOrbit -Geek.comall 622 news articles »Continuing Opposition to Suggested Mammogram Guideline Changes - The LedgerABC NewsContinuing Opposition to Suggested Mammogram Guideline ChangesThe LedgerReaction has been strong to federal task force recommendation, released Nov. 16, that low-risk women in their 40s not get routine screening ...Task Force Responds to Mammogram ControversyABC NewsAfter the mammograms recommendation, the cancer debate rages on locallyThe Keene Sentineltask force sends wrong messageAlbany Times Unionmsnbc.com -Greenville Newsall 2,939 news articles »UPDATED: Budget gap hits $2.6B; tax hikes suggested - The OlympianUPDATED: Budget gap hits $2.6B; tax hikes suggestedThe OlympianState revenue forecaster Arun Raha said today the state's expected revenue through June 2011 has fallen by another $760 million. ...and more » |
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