76009 results returned for search: "" category "Business"
TORONTO (Reuters) - Toronto's main stock index sank yesterday as inflation worries in China drove expectations of an interest-rate hike, dragging down commodity prices and the resource-heavy TSX.
Oil heavyweight Suncor Energy fell 3.13 percent, to C$...
DATE: Nov 13, 2010
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The Federal Reserve's action last week to enlarge the US money supply will bolster some stocks and hurt others.
Pundits are arguing whether the $600 billion of government bond purchases planned by the Fed for the next eight months are enough to get t...
DATE: Nov 13, 2010
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LONDON (AP) — Chinese shares led world markets lower yesterday amid mounting concerns Beijing will raise interest rates to cool its overheating economy. Ongoing fears that Ireland will need a financial bailout also kept investors on edge.
Investors a...
DATE: Nov 13, 2010
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LONDON (AP) — The euro was under pressure again yesterday, dropping to its lowest level since early October, amid mounting speculation that Ireland will be forced to get a financial bailout to avoid bankruptcy.
Investors also remained jittery as the...
DATE: Nov 12, 2010
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Bermuda-based Ariel Holdings Ltd.'s subsidiary Valiant Insurance Group Inc. is set to be acquired by First Mercury Insurance Company for $55 million, it was announced on Wednesday.
First Mercury, a subsidiary of First Mercury Financial Corporation (...
DATE: Nov 12, 2010
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Hiscox Ltd.'s (Bermuda) operating companies have been affirmed the financial strength rating (FSR) of A (excellent) and issuer credit rating (ICR) of "a" by AM Best Europe Rating Services Ltd.
The outlook for the ratings of Hiscox Insurance Company (...
DATE: Nov 12, 2010
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BEIJING (Bloomberg) - UK Prime Minister David Cameron said economic imbalances, including China's trade surplus and curbs on its currency, risk sparking protectionism and pushing the world economy into recession.
"Some countries with current-account ...
DATE: Nov 12, 2010
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LONDON (Bloomberg) - Gjensidige Forsikring BA, Norway's largest property and casualty insurer, plans to start canvassing investor interest in its initial public offering as soon as this week, two people with knowledge of the matter said.
The IPO may ...
DATE: Nov 12, 2010
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SEOUL (Reuters) - China said yesterday that the US Federal Reserve's move to ease monetary policy risked undermining the global economic recovery, adding that Washington "should not force others to take medicine for its own disease".
A senior Chinese...
DATE: Nov 12, 2010
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LONDON (Reuters) - The Bank of England (BoE) expects inflation to fall below target in two years, but a highly uncertain economic outlook makes it unclear whether the central bank's next move will be to loosen or tighten policy.
Sterling rose sharply...
DATE: Nov 12, 2010
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