76001 results returned for search: "" category "Business"
WASHINGTON (Reuters) - The Federal Reserve yesterday released details on $3.3 trillion in emergency loans made during the financial meltdown that showed Citigroup and Bank of America leaning on overnight loans from the central bank well into the spri...
DATE: Dec 02, 2010
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TAIPEI, Taiwan (AP) New York University economist Nouriel Roubini said yesterday that a faster rise in the value of China’s currency is not only good for the United States, but also for China, because it would help dampen its overheating economy.
Was...
DATE: Dec 02, 2010
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DUBLIN (Reuters) - Ireland’s central bank told lenders yesterday to overhaul pay practices and link bonuses to sound risk management or face fines and disqualification for individual executives.
Irish banks’ big bonus culture and token boardroom over...
DATE: Dec 02, 2010
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It was a story of two banks on The Bermuda Stock Exchange (BSX) yesterday.
Butterfield Bank rose 2.2 percent (three cents) to $1.38, with 4,611 shares traded.
But Bermuda Commercial Bank Ltd. fell one percent (10 cents) to $9.75, as 2,181,139 changed...
DATE: Dec 02, 2010
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LONDON (AP) Rolls-Royce Group PLC, the manufacturer of the plane engine that blew apart midair on a Qantas superjumbo, has won a $420 million engine order from Hawaiian Airlines.
The London-based company said yesterday that the deal to provide Trent ...
DATE: Dec 02, 2010
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OSLO (Bloomberg) Bermuda-based Seadrill Ltd., owner of the second-largest fleet of deepwater rigs, climbed to a record in Oslo trading after chief executive officer Alf Thorkildsen said rig rates are poised to gain.
Seadrill rose as much as 5.3 perce...
DATE: Dec 02, 2010
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MUMBAI (Reuters) - The number may be huge up to $39 billion lost in one of India’s biggest corruption cases but the damage to India’s position as an investment star may be in the regulatory backlash.
Even by standards of emerging economies, the scale...
DATE: Dec 02, 2010
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TORONTO (Reuters) - Toronto’s main stock index rose to its highest level in more than two years yesterday as financials got a boost from a strong start to bank earnings season, while concerns about euro zone debt eased.
The market was also lifted by ...
DATE: Dec 02, 2010
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GENEVA (AP) A top Swiss banking official said yesterday that relations with the United States were improving after the Internal Revenue Service ended its legal action against Swiss bank UBS AG.
“I’m very confident that the relations are very good,” s...
DATE: Dec 02, 2010
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Chartis is returning to the Bermuda capital market to build extra coverage against US hurricane and earthquake risks.
The property and casualty insurance arm of American International Group (AIG) will sell $250 million of Series 2010-2 Class A-1 and ...
DATE: Dec 02, 2010
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CATEGORY:
International Business
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