Business news with words accident+financial. 13 news.

Chief financial officer of China's leading search engine dies over holiday.

The chief financial officer of Chinese search engine Baidu.com died after an accident while on vacation in China.

CHINA'S Internet search firm Baidu.com said yesterday that its chief financial officer, Shawn Wang, died in an accident while on vacation in China. Wang, who joined Baidu in 2004 and helped the company successfully list on the Nasdaq stock market in 2005, died on December 27 during a Christmas-New Year holiday. Company officials declined to give further details. The company said it plans to replace him but also gave no further details. "Under Wang's leadership, this year Baidu became one of the four biggest firms in the US by stock transaction volume and the first Chinese company to join the Nasdaq 100 index," Baidu chairman and CEO Robin Li said in an e-mail to employees. "Besides his contribution to financial affairs, he also led the company's legal and human resources departments to fruitful achievements," Li said. Baidu had a 60.5-percent share of China's search engine market in the third quarter, according to Beijing-based research firm Analysys

China's main internet search engine says its chief financial officer was killed while on vacation.

TEL AVIV (MarketWatch) - Baidu.com Inc., the Chinese operator of an Internet-search engine, said Chief Financial Officer Shawn Wang died in an accident while vacationing in China on Thursday.

The chief financial officer of China's dominant Internet search engine Baidu.com has died after an accident while on vacation in China, the company said. Shawn Wang, who joined the company in 2004, helped Baidu list on the Nasdaq stock exchange the...

The chief financial officer of China's dominant Internet search engine Baidu.com has died after an accident while on vacation in China, the company said.

Shawn Wang, the chief financial officer of leading Chinese search engine Baidu.com, has died in an accident, the company said. Shawn Wang joined Baidu in 2004 and helped take Baidu public in the U.S. on the Nasdaq stock exchange the following year....

LONDON (MarketWatch) -- GOL Linhas Aereas Inteligentes , the Brazilian airline, said third-quarter net income fell 76% to R$45.5 million ($25.9 million), or 12 cents per U.S.-listed share, while revenue rose 20% to R$1.3 billion. Analysts polled by Thomson Financial expected earnings of 11 cents per U.S. share. Average passenger yields decreased 11.7% and average load factor decreased 17.6 percentage points to 61.2%, it said. Air traffic was limited in the country after the accident at Congonhas airport in July, the company noted.

THE financial turmoil that erupted earlier this year in the US subprime housing market was "an accident waiting to happen" and could have taken place in any other sector, former Federal Reserve chairman Alan Greenspan said overnight.

Alan Greenspan's memoir arrives with remarkable timing for two reasons. One is that at a time like this, with financial markets in upheaval, we yearn for guidance from the oracle who presided over 18 years of relative peace and prosperity in the U.S. economy.

The prospect of mental incapacity through illness, accident or old age is depressing, but potentially just as worrying is having no say in who manages your financial affairs once you can no longer do so.

Alan Greenspan's memoir arrives with remarkable timing for two reasons. One is that at a time like this, with financial markets in upheaval, we yearn for guidance from the oracle who presided over 18 years of relative peace and prosperity in the U.S. economy.