Satyam Computer Services Ltd ,State Farm Insurance Co has terminated its contract

Fraud-hit Satyam Computer Services Ltd said on Monday a U.S.-based client had cancelled its contract, dealing a blow to the embattled Indian...

Anglo Irish Bank nationalised

The Irish government said on Thursday it would nationalise Anglo Irish Bank (ANGL.I) because its viability was of systemic importance to Ire...

Santander, the Spanish owner of Abbey and Alliance & Leicester, looks likely to miss its ambitious €10 billion (£9 billion) profit target for 2008

Santander, the Spanish owner of Abbey and Alliance & Leicester, looks likely to miss its ambitious €10 billion (£9 billion) profit targe...

UIQ Technology, which develops the interface for Symbian UIQ, seems no longer able to meet its debts and is in bankruptcy.

The company UIQ Technology, owned 50:50 by Sony Ericsson and Motorola, will soon close its doors. It has just been placed under the Swedish ...

FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks

The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks...

Secret loans to Anglo Irish Bank directors.

Mr Neary bowed out after a report was presented to the board of the Financial Regulator on the loans scandal at State bailed-out Anglo Irish...

Higher gas price with transit tariff unchanged will bankrupt gas transportation system

Ukrainian President Viktor Yushchenko says increase in the Russian natural gas price without a simultaneous increase in the cost of its tran...

metro Atlanta observers are already calling the city the epicenter for U.S. bank failures

2008 ranked as one of the worst years for banking since the Great Depression. 2009 may become the worst ever. Bankers, industry experts and...

Indian software company Satyam

Ramalinga Raju, who said the firm had exaggerated cash reserves by some $1bn (£661m), and his brother Rama have been charged with criminal c...

South Korea's 5th largest automaker, Ssangyong Motor Co., has gone bankrupt

The US automakers are not the only ones that have been hit hard by the high price of gas last year followed by the global economic meltdown....