American
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Fastest personal Supercomputer
An American company has unveiled the world’s first personal supercomputer, which is 250 times faster than the average PCs.
Mixed show by Indian ADRs
American Depositary Receipts (ADRs) by Indian companies showed a mixed trend, with five in the green and five in the red.
US crisis could spill into 2010
The subprime crisis and the ongoing financial crisis and the economic downturn may get worse before it gets any better in the American economy and the effect might as well spill over to 2010, warned American economist James R Barth.
Indian ADRs in positive territory
A majority of the American Depositary Receipts (ADRs) by Indian companies ended in the green.
AmEx CEO sees challenges thr ‘09
Chief executive of American Express Co said on Wednesday that he sees tough business conditions through next year.
Plastic loses its shopping cool
Americans are discovering that it is no longer OK to just put it all on plastic.
AIG sells private bank to Abu Dhabi firm for $254 million
American International Group (AIG), the insurer bailed out by the US goverment, agreed to sell a bank unit catering to wealthy clients in West Asia and the continent at large to Abu Dhabi-based Aabar
Citigroup launches counter-attack to stabilise firm
Amid rumours about the impending departure of Vikram Pandit, the Indian-American CEO of Citigroup, the banking giant is reported to have launched a counterattack aimed at stabilising the company.
22 US banks collapsed this year
As many as 22 American banks have collapsed this year so far. Blue chips for $10 | Top steel stocks | Weekly Gainers: BSE(A, B), NSE | Losers: BSE(A, B), NSE
AIG to sell ILFC next year
American International Group, the insurer bailed out by the US, will sell its plane-leasing arm International Lease Finance to a group of investors and the unit’s management by early next year.