AIG ends Man U deal

4 votes
Recommend

Troubled U.S. insurer AIG will not be renewing its shirt sponsorship deal with Manchester United when it expires next year. The firm, once the world's biggest insurer by market value, averted bankruptcy last year with an 85 billion dollar bailout from the U.S. government which later swelled to 152 billion and is now selling assets and cutting costs to repay some of the rescue package. Paul Chapman reports. SOUNDBITE: Alex Flynn, football consultant

Tags: AIG, Manchester United, sponsorship

China eyes fewer car, steel players

China wants to consolidate its steel and car industries, calling on key firms to take dominant...
» view video

Business Update: Asian stocks surge

Asian shares jump on U.S. plan to clear $1 trillion of banks' toxic assets. * Asian markets...
» view video

Business Update: Jobless record

The number of Americans receiving unemployment benefits hit another record, but there are signs new...
» view video

The Fed's big fix

The Federal Reserve is using every weapon in its arsenal to battle the recession. The markets...
» view video

Generic drug industry outlook

Director of Generics at Thomson Scientific Kate Kuhrt provides insight on the landscape of generic...
» view video

» browse all category videos

Video categories

» Home	» Specials	» World
» Business	» Technology	» U.S.
» Science	» Health	» Movie Reviews
» Movies	» Music	» People
» Sports	» Gadgets	» Video Games

SHARE THE VIDEO:

		Del.icio.us			Digg			Stumble Upon
		Facebook			Newsvine			Mixx

» E-mail To A Friend

Photos Gallery