US urged to take lead against recession
Addressing both houses on Capitol Hill, the prime minister pleaded with Congress to ’seize the moment’ to lead the world in the fight against recession, global warming and protectionism
March 4, 2009
Stock market still makes best investments, study finds
Stock market still makes best investments, study finds
ITV scraps dividend after £2.7bn loss
The UK’s largest commercial broadcaster scrapped its final dividend and and announced swingeing cost cuts as it attempts to tackle the downturn in advertising which resulted in huge writedowns and a pre-tax loss
Goodwin’s pension hits £703,000
Sir Fred Goodwin’s pension from the bank RBS is in fact £703,000 a year, not the £693,000 previously stated.
ANALYST VIEW - AIG enters records book with $61.7 bln loss
NEW YORK/LONDON (Reuters) - American International Group reported a $61.7 billion (43.8 billion pound) loss on Monday, the largest loss in U.S. corporate history, and unveiled a revised rescue plan from the U.S. government.