Report: AIG resumes talks on sale of foreign unit to MetLife

October 9th, 2009 Occidental will buy Citigroup's Phibro unitNEW YORK — Occidental Petroleum will buy Citigroup's oil and gas trading unit Phibro for $250 million, the companies said Friday Citigroup Inc. has come under fire for the hefty 2009 pay package for Andrew J.

September 16th, 2009 Canada won't block Nortel sale to EricssonTORONTO — Canada's industry minister says the government won't block the $1.1 billion sale of Nortel Networks' wireless division to Sweden's Ericsson. Industry Minister Tony Clement said Wednesday there is no basis for a federal review of the deal on national security grounds.

September 11th, 2009 Belgium wants EU to probe Opel-GM decisonsBRUSSELS — Belgium wants the European Union to investigate the sale of General Motors Co.'s European unit Opel amid misgivings Germany allegedly sought to protect its own plants at the cost of others. "I think the German government sought its own advantage," said Belgian vice premier Joelle Milquet after it became clear that the plant in Antwerp would be wound down but none would be closed in Germany.

September 8th, 2009 Costa Rica team resumes missing US hiker's searchSAN JOSE, Costa Rica — The Red Cross says a search team in Costa Rica has resumed the hunt for a missing U.S. hiker after police spotted what may be a body floating in a crater lagoon.

August 25th, 2009 GE in sale, leaseback deal with Air BerlinSTAMFORD, Conn. — GE Capital Aviation Services, the aviation financing unit of General Electric Co., said Tuesday it has entered into a deal with Air Berlin for the sale and leaseback of three Airbus A320-200 aircraft.

August 11th, 2009 US, Syria resuming talks about 'stability' in IraqWASHINGTON — The Obama administration is sending a delegation to Syria for talks this week on ways to stem the movement of foreign fighters into Iraq. The talks may also deal with prospects for Mideast peacemaking.

August 3rd, 2009 Report: Former MetLife CEO expected to lead AIGAmerican International Group Inc. is expected to name Robert Benmosche as its new CEO, The Wall Street Journal reported Monday.

July 9th, 2009 Opponents of GM sale face noon deadlineNEW YORK — Those opposing General Motors' plan to sell the bulk of itself to a new government-controlled company face a noon deadline to file appeals and find a way to get the sale halted. U.S. Judge Robert Gerber's order approving the sale is set to take effect at 12 p.m.

May 21st, 2009 TORONTO - It pays to anglicise your name in Canada - not only to fit in but also find employment. A study by the University of British Columbia in Vancouver has found that applicants with English-sounding names have 40 percent more chances of being called for interview than those with Indian, Chinese or Pakistani names.

May 5th, 2009 Lenders group objects to sale to FiatNEW YORK — A dissident group of Chrysler lenders is objecting to the sale of the bulk of the automaker's assets to Italian automaker Fiat, saying that the proposed sale process is designed to prevent competitive bidding. In an objection filed Tuesday, the lenders group says the proposed bidding procedures only give the appearance of legitimacy and don't maximize the sale price of the assets.

March 10th, 2009 BRUSSELS - A Pakistani delegation led by its foreign minister will hold a meeting with three senior officials of the European Union (EU) in Prague Friday to discuss EU-Pakistan ties and other issues, the EuAsiaNews has reported. The meeting will be attended by Czech Foreign Minister Karel Schwarzenberg, Director for Asia of the European Commission's External Relations James Moran and Helga Schmid, the Policy Unit Director of the General Secretariat of the EU Council.

March 3rd, 2009 BHUBANESWAR - Birla Tyres, a unit of the BK Birla Group company Kesoram Industries, resumed production at its Orissa plant Monday, a company official said. The factory at Balasore town, some 200 km from here, was closed down temporarily Feb 16 for the third time on account of poor market conditions.

January 18th, 2009 BHUBANESWAR - Birla Tyres, a unit of the BK Birla group company Kesoram Industries, Monday closed down its Orissa plant temporarily on account of falling sales, a company official said. 'The plant will be closed till January 31 because of falling demand,' a senior official at the unit told IANS on condition of anonymity because he is not authorised to speak to the media.

January 18th, 2009 MUMBAI - The Anil Ambani group Monday told the Bombay High Court that allowing Reliance Industries to charge a higher tariff for gas from the Krishna-Godavari basin would mean a Rs.250-billion scam. The group, which is fighting a bitter legal battle with the Mukesh Ambani-led Reliance Industries over gas from the fields off the Andhra Pradesh coast, said state-run utility NTPC must not be asked to pay more than the agreed price of $2.34 per unit.

January 1st, 2009 STOCKHOLM - The foreign ministers of the Czech Republic, France and Sweden are to visit the Middle East Sunday amid the ongoing violence between Israel and Hamas, the Swedish foreign ministry said Friday. Czech Foreign Minister Karl Schwarzenberg, French Foreign Minister Bernard Kouchner and Sweden's Carl Bildt are due to begin their visit Sunday in Cairo, a foreign ministry statement said.