Ford in surprise $2.3bn net profit
Ford reported a surprise $2.3bn second-quarter net profit, lifted thanks largely to April’s debt restructuring deal, but also to well-received new models that boosted its share in markets around the world
July 23, 2009
How To Lower Your Taxi Insurance Premium
If you own and drive a taxi, you will be more than aware of all of the expenses that go along with maintaining it Whilst a large amount of the costs are set, one way that you can save some additional money is on your taxi insurance
Ford reports profit after restructuring
The only Detroit carmaker not to file for bankruptcy protection reported a profit of $2.3bn after restructuring debt and cutting its cash outflow
ING hires JPMorgan to sell private bank units
SINGAPORE (Reuters) - SINGAPORE (Reuters) — Dutch bank ING Groep NV has hired JPMorgan to advise on the sale of ING’s private banking business in Europe and Asia, which could fetch more than $1 billion (605.3 million pounds), sources told Reuters on Thursday.
AIG held off paying bonuses due last week
NEW YORK (Reuters) - American International Group, the insurer that has received billions of dollars in federal aid, withheld $2.4 million (1.45 million pounds) in bonuses due to be paid to dozens of senior managers on July 15.
€50m payoff for ousted Porsche chief
Debt-ridden German sports carmaker dismisses chief executive Wendelin Wiedeking as it prepares for an increase of its capital base by at least €5bn ahead of a merger with Volkswagen