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About 25 results for "american international group inc"

AIG CEO to resign after dismal earnings, successor unclear
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AIG CEO to resign after dismal earnings, successor unclear

By Suzanne Barlyn and Nikhil Subba (Reuters) - American International Group Inc said on Thursday its Chief Executive Peter Hancock will step down, a decision he made after poor financial performance frustrated shareholders and the insurer's board of ... Sify, 2 weeks ago
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AIG CEO Peter Hancock to resign, Icahn cheers move

(Reuters) - American International Group Inc said Chief Executive Peter Hancock has informed the board that he plans to resign, more than a year after billionaire investor Carl Icahn called for a breakup of the company. Hancock will remain CEO until a ...
 Sify2 weeks ago
Reuters

AIG to pay Buffett's Berkshire about $10 bln in insurance deal

By Jonathan Stempel and Suzanne Barlyn NEW YORK (Reuters) - American International Group Inc has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on U.S. commercial insurance policies it has ...
 Sify2 months ago
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Immigration ban: America Inc vs Trump

US President Donald Trump's executive order prohibiting the entry of people from seven Muslim majority nations -- Syria, Iraq, Iran, Sudan, Somalia, Yemen and Libya -- for 90 days widened the rift between the Trump administration and several leading American companies.Monali Sarkar reveals how the companies that the world is watching reacted. IMAGE: Google co-founder Sergey Brin was among the hundreds who showed up at the San Francisco international airport to protest the immigration ban. He ...
 Rediff.com1 month ago Chaos, anger as Trump order halts some Muslim immigrants  Sify1 month ago Trump pulls U.S. out of Pacific trade deal, loosening Asia ties  Sify1 month ago
Reuters

Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram

REUTERS - U.S. electronic payments company Euronet Worldwide Inc launched a $1 billion bid for rival MoneyGram International Inc on Tuesday, arguing that its all-American deal would face less regulatory scrutiny than a lower bid by China's Ant Financial ...
 Reuters1 week ago
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BAT agrees to buy Reynolds for $49 billion

By Paul Sandle LONDON (Reuters) - British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc, creating the world's biggest listed tobacco company after it increased an earlier offer by more than $2 billion. BAT, which ...
 Sify2 months ago

Brazil scandal tests JBS, BRF push for overseas units IPOs

By Guillermo Parra-Bernal and Paula Arend Laier SAO PAULO (Reuters) - Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health ...
 Sify1 day ago

Dollar gains as data lifts Fed hike bets, stocks rise

By Herbert Lash NEW YORK (Reuters) - The dollar gained and stocks on Wall Street mostly rose on Wednesday after U.S. private sector hiring surged in February, underscoring the economy's strength and adding to expectations the Federal Reserve will raise ...
 Sify2 weeks ago Dollar, stocks rise as data boosts Fed hike bets  Sify2 weeks ago

WikiLeaks says it releases files on CIA cyber spying tools

WASHINGTON - The CIA and White House declined comment. "We do not comment on the authenticity or content of purported intelligence documents," CIA spokesman Jonathan Liu said in a statement. Google declined to comment on the purported hacking of its Android ...
 Sify2 weeks ago
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GM shifts from bigger is better to less global, more profitable

By Joseph White DETROIT (Reuters) - General Motors Co’s decision to sell its European operations doubles down on a bet that the company can win by being less global, but more profitable, in an auto industry increasingly driven by software. Without the ...
 Sify2 weeks ago
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