Austrian Court Finds BAWAG Bankers Guilty
VIENNA (Reuters) - A Vienna court sentenced nine people to prison on Friday for their roles in causing losses at Austrian bank BAWAG P.S.K. of as much as 1.7 billion
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Archive July/2008
BSkyB Mulls $4 Billion Bid For Spain’s Digital Plus-FT
LONDON (Reuters) - British pay-TV firm BSkyB <BSY.L> is considering a bid of more than 2.5 billion euros ($4 billion) for Spanish pay-TV platform Digital Plus, the Financial Times said
Body of Taiwan Securities Firm Chief Found in Sea
TAIPEI (Reuters) - The embattled chairman of a major Taiwan securities firm was found dead in waters close to the island on Friday morning, the firm said, startling the financial
Delta, ExpressJet Ditch Regional Pact
NEW YORK (Reuters) - Delta Air Lines Inc <DAL.N> and ExpressJet Holdings Inc <XJT.N> said on Thursday they had ended the agreement under which ExpressJet provided Delta with some regional
Economy Casts Pall on Sun Valley Media Fest
NEW YORK (Reuters) - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in
New York Mulls Insurance Exchange Revival
HAMILTON, Bermuda (Reuters) - New York Insurance Superintendent Eric Dinallo is enlisting experts to examine the possibility of reviving the New York Insurance Exchange, which was seen as the U.S.
Judge Sentences Ex-Refco CEO to 16 Years in Prison
NEW YORK (Reuters) - Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in
BA, American, Iberia Deal Possible Soon: Source
LONDON/NEW YORK (Reuters) - British Airways Plc <BAY.L>, AMR Corp's <AMR.N> American Airlines and Spain's Iberia <IBLA.MC> are close to forming a transatlantic partnership that would apply for antitrust immunity,
Staffing Shares Steady After Jobs Report
BOSTON (Reuters) - U.S. staffing and jobs services companies' shares were little changed on Thursday, after a government report showed employers cut jobs for the sixth straight month, but unemployment
Housing Market Seen Getting Worse
NEW YORK (Reuters) - An even gloomier scenario may be in store for an already ailing U.S. housing market if the overall economy slips into a recession, according to UBS