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The UK’s largest insurer, Prudential, will assure huge growth to the British investors, provided they support its proposed takeover of AIG’s Asian business, amounting to$35 Billion.

The British stock exchange, FTSE, reported a 0.1% dip in the shares on Wednesday, with the decline in energy stocks and drug-maker and life insurance firms.

Toronto’s main stock index climbed to its highest level in just more than seven weeks on Friday after data depicted the U. S. economy sacked less than expected employees last month, offering more signs of economic recovery.

Motorola’s second Android phone on Verizon, the Devour ($150 with a two-year contract from Verizon; price as of 3/3/10) features similar looks as that of Droid.

Amidst the world of takeovers and buyouts, ABRY is another fledgling under this league. On Friday the media and communication group, ABRY decided to grab the cable-television provider RCN Corp. the deal has been finalized at $531 million.
Under the deal, the slithering broad band service provider, which is operational in Philadelphia, New York, Boston [...]

Lend Lease Corporation has finally made its deal with the NSW government official. The total worth of the deal is $6 billion and has been done to develop the Barangaroo harbour-front site.
Lend Lease is an Australian property developer and has managed to get the contract because of the growing construction industry in Australia.
The final documents [...]

The competition between Ford and General Motors is synonymous to the rivalry between the likes of Coke and Pepsi, Harvard and Stanford, the Red Sox and The New York Yankees and this time it was Ford that emerged victorious in the February bout of US sales. Sales of Ford Motor zoomed past General Motors for [...]

Bogged down by continuing delay in purchase by small and medium businesses, shares of Staples Inc. – the world’s largest office-supply fell 10 per cent to $23.25 on a tepid outlook.
Net income of Massachusetts-based world’s largest office supply retail store dropped to $233.9 million, or 32 cents a share, for the quarter ended January 30, [...]

Some sort of a broad agreement has been reached between Christopher Dodd – Chairman, Senate Banking Committee and Republican Senator Bob Corker on the issue of creating an independent consumer grievances cell that will also have the authority to write rules. The idea which was floated by President Obama in June last year, if implemented [...]

Standard Chartered Plc – the British bank headquartered in London said its full-year profit increased as economy activity in the Asia picked up. Net income stood at $3.38 billion in 2009, from a $3.24 billion in 2008, an increase of 4.3 per cent and the banks’ corporate and retail performance is off to a good [...]