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Hannover Re enters into long-term letter of credit facility to expand its life and health business
HANNOVER, GERMANY–(Marketwire – 03/01/10) –
Hannover Rck / Hannover Re enters into long-term letter of credit facilityto expand its life and health business processed and transmitted by HuginAS. The issuer is solely responsible for the content of this announcement.
Hannover, 1 March 2010: Hannover Re announced today that it hasconcluded aUSD 500 million long-term letter of [...]
AP Technology NewsBrief at 12:14 am EST
(Associated Press Via Acquire Media NewsEdge) Kohl critical of NBC online Olympic coverageWASHINGTON (AP) _ A Democratic senator criticized NBC on Friday for its handling of online access to the Vancouver Olympics, calling it unfair and restrictive. Sen. Herb Kohl of Wisconsin, chairman of the Senate Judiciary Committee’s antitrust panel, wrote NBC Universal Chief [...]
Alcatel-Lucent Offers Way to Increase Mobile Capacity
A new product from Alcatel-Lucent aims to let mobile operators serve more customers using their existing radio spectrum, by offering faster mobile broadband services such as HSPA and LTE on frequencies currently reserved for GSM. using software-defined radio technology, it will simultaneously support multiple mobile network technologies on one frequency, enabling operators to continue to [...]
Regulators order Home Savings Bank to boost capital, clean out bad loans
Home Savings Bank has until the end of March to increase its capital to at least 11 percent of assets, according to the Federal Deposit Insurance Corp., which released the order Friday.
the order is part of a broader consent agreement between state and federal regulators and the bank requiring Home Savings to [...]
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