NEW YORK, Feb 27 - Robert Benmosche, who took the helm of insurer American International Group after a massive government bailout at the height of the financial crisis, died on Friday at 70 after a battle with lung cancer.
(The following statement was released by the rating agency) LONDON, February 27 (Fitch) Fitch Ratings has affirmed Saudi Arabia's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'AA'. The Outlooks are Stable. The Country Ceiling has been affirmed at 'AA+' and the Short-term foreign currency IDR at 'F1+'. KEY RATING DRIVERS The affirmation reflects the following factors: Saudi Arabia's substantial external and fiscal buffers are a key support for the ratings in an enviro
* To make first-ever dividend payment, for 2014 business year
LONDON, Feb 27 - Lloyds Banking Group is paying its first dividend in more than six years after reporting a rise in profit and improvements in its capital strength, a milestone in the bank's recovery after it was bailed out during the financial crisis.
BERLIN, Feb 27 - A German plan to introduce a motorway toll next year aimed at foreign drivers would violate European Union laws, in the view of an EU Commission panel, a German magazine reported on Friday.
BELFAST - The World Cup final in Qatar in 2022 should be played no later than Dec. 18, FIFA president Sepp Blatter said on Friday.
BELFAST, Feb 27 - The World Cup final in Qatar in 2022 should be played no later than Dec. 18, FIFA president Sepp Blatter said on Friday.
LONDON, Feb 27 - Sergei Pugachev, a Russian tycoon once dubbed "the cashier to the Kremlin," must disclose further information about the trusts he uses to bolster his income, a London Court of Appeal judge ruled on Friday.
* Transferred 15,000 shares to Medistim CEO Kari Krogstad as part of her compensation for 2015 Source text for Eikon: Further company coverage: (Gdynia Newsroom)
MADRID, Feb 27 - Spain's state-controlled lender Bankia on Friday said the costs it will have to assume to compensate investors who bought into its ill-fated share sale in 2011 will be capped at 312 million euros ($350 million).