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Brazil Fund Petros May Miss Performance Goals on Stock Plunge
Published October 7, 2008, 9:25 am, Bloomberg
Oct. 7 (Bloomberg) -- Petros, Brazil's second-largest pension fund with about $18 billion under management, may miss its performance target for the first time since 2003 after the Bovespa stock index plunged 20 percent over the past month.
Greenberg Blames Successors for AIG Downfall in U.S. Testimony
Published October 7, 2008, 9:23 am, Bloomberg
Oct. 7 (Bloomberg) -- Maurice ``Hank'' Greenberg , former chief executive officer of American International Group Inc ., said his successors' actions led to record losses that forced the insurer into an $85 billion U.S. bailout.
KIT digital Acquires IPTV Solutions Provider Visual Connection
Published October 7, 2008, 9:20 am, PR Newswire via Yahoo! Finance
KIT digital, Inc. , a leading global provider of IPTV enablement technology and video-centric interactive marketing solutions, has acquired privately-held Visual Connection, a.s., a digital media and IPTV solutions provider for major media outlets in Europe and the Middle East.
Hispanic Heritage Week: Alianza Dominicana Expands With New Headquarters
Published October 7, 2008, 9:17 am, NY1 News
NY1's coverage of Hispanic Heritage Week continues today with a visit to an organization that's expanding – even as the economy is retracting. NY1's Rebecca Spitz filed the following report from Washington Heights.
Delta Toasts Culinary Icons as Official Airline Sponsor of Inaugural Food Network New York City Wine & Food Festival
Published October 7, 2008, 9:09 am, GlobeNewswire via Yahoo! Finance
NEW YORK, Oct. 7, 2008 -- Delta Air Lines' award-winning, in-flight experience will land in the heart of New York City, the Meatpacking District, with Delta serving as official airline of the inaugural Food Network New York City Wine & Food Festival from Oct. 9-12, 2008.
Investing: Risk and reward
Published October 7, 2008, 9:03 am, Canadian Business
From inside a brown brick building overlooking Boston Harbor, Mark Venezia and his team gather the kind of data the CIA probably collects on a regular basis.
5-Star Stocks Poised to Pop: America Movil
Published October 7, 2008, 9:00 am, The Motley Fool
You may find market-trouncing returns in this 5-star.
Brazil Scraps Bond Sale as Real Sinks to Two-Year Low (Update1)
Published October 7, 2008, 8:54 am, Bloomberg
Oct. 7 (Bloomberg) -- Brazil canceled a local bond sale for the first time in seven months, a sign the global credit crisis is beginning to squeeze the finances of Latin American countries.
Lofty Commodity Costs Drench Brewers
Published October 7, 2008, 8:42 am, Beverage World
NEW YORK: Anheuser-Busch Cos. and InBev SA, which are combining in a $52 billion tie-up to be the world's largest brewer, say they plan to focus more on costs to deal with rising commodity prices that have consumers spending more for a pint of beer.
TAM Announces its Entry Into the Star Alliance
Published October 7, 2008, 8:41 am, PR Newswire via Yahoo! Finance
TAM announces today its entry into the Star Alliance, the largest global alliance in commercial aviation, currently made up of 21 of the world's largest airlines and three regional companies that jointly operate more than 18,100 flights daily.
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