Insurances & Business

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PARIS (Reuters) - Former Airbus Chief Executive Gustav Humbert has been placed under formal investigation as part of a probe into allegations of insider trading at European aerospace group EADS... Ex-Airbus Boss Humbert Under Formal Investigation
NEW YORK (Reuters) - Hedge fund swindler Samuel Israel III faced a fresh charge of bail jumping on Thursday and was ordered to jail immediately, one day after his mother... Fugitive Hedge Fund Manager Israel Surrenders
NEW YORK (Reuters) - Family Dollar Stores Inc <FDO.N> on Wednesday reported higher-than-expected quarterly profit as the discount retailer kept a tight control on expenses and inventory to navigate the... Family Dollar Quarterly Profit Rises
(Reuters) - Citigroup Inc <C.N> may write down $8.7 billion and Merrill Lynch & Co Inc <MER.N> $4.5 billion in the second quarter, according to analysts at UBS, who also... Analysts See Big Q2 Writedowns For Citi, Merrill
LONDON (Reuters) - Marks and Spencer <MKS.L> issued a shock profit warning and said a consumer downturn was likely to be deeper and last longer than previously expected, sending its... M&S Warns on Profit, Says Downturn to Last Longer
SAN FRANCISCO (Reuters) - Sony Corp <6758.T> is seeing little or no sign of softer demand among U.S. consumers for its range of digital TVs, cameras and computer goods despite... Sony’s U.S. Gadget Demand Good Despite Rising Costs
LONDON (Reuters) - British housebuilder Taylor Wimpey <TW.L> has failed to raise the extra capital it said it would seek just two days ago, citing tough market conditions, sending its... Taylor Wimpey Unable to Raise Cash, CFO Resigns
WASHINGTON (Reuters) - The U.S. Justice Department has opened a formal antitrust investigation into a deal between Google <GOOG.O> and Yahoo <YHOO.O> to share some advertising revenue, The Washington Post... Google-Yahoo Deal Subject of Antitrust Probe: Report
BRUSSELS (Reuters) - The U.S. economy is facing a tough second quarter and Europe will not be immune to the impact, Treasury Secretary Henry Paulson was quoted as saying on... U.S. Facing Tough Q2, Europe to Suffer: Paulson
(Reuters) - Microsoft Corp <MSFT.O> is preparing a new bid for Yahoo Inc's <YHOO.O> search business and has approached other media companies about joining it in a deal that would... Microsoft Seeks Allies For New Yahoo Move: Report