76188 results returned for search: "" category "Business"
GYEONGJU, Korea (Bloomberg) — Group of 20 finance ministers and central bankers vowed to avoid weakening currencies to lift exports, leaving leaders to flesh out new ways of prodding fellow member China to allow faster gains in the yuan.
Officials en...
DATE: Oct 25, 2010
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HONG KONG (Bloomberg) — American International Group Inc. raised a record HK$138.3 billion ($17.8 billion) in the Hong Kong initial public offering of its main Asian unit, putting the bailed-out insurer on course to repay its US assistance.
AIG sold ...
DATE: Oct 25, 2010
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A fall of more than five percent in the value of Butterfield Bank shares drove local stocks lower last week.
The bank fell eight cents, or 5.4 percent, to $1.41, as 17,930 shares changed hands.
The biggest faller of the week, however, was Stevedoring...
DATE: Oct 25, 2010
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TORONTO (Bloomberg) — Royal Bank of Canada, the country's biggest lender by assets, sold a US life insurance unit to Bermuda-based Athene Holding Ltd. for $628.1 million, taking a loss on a purchase it made a decade ago.
Royal Bank expects to complet...
DATE: Oct 25, 2010
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AS Cooper & Sons Ltd. has been bucking the trend of retailers during the recession with the expansion and opening of a new 7,000-square foot space at its Reid Street store.
The retailer will relocate its second floor 'studio' better ladieswear depart...
DATE: Oct 25, 2010
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Q. Is my Wal-Mart Stores Inc. stock going to revive? It frustrates me. — PW, via the Internet
A. The world's largest retailer fared well early in the recession as consumers became more budget-conscious.
However, nagging US unemployment and some uncha...
DATE: Oct 23, 2010
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BF&M Ltd. rose 1.84 percent (24 cents) to $13.25 on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 242 shares during the day.
The Ascendant Group Ltd. also climbed 1.62 percent (24 cents) to $14.99, with 800 shares changing hands.
Ove...
DATE: Oct 23, 2010
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NEW YORK (AP) - Stocks ended on a mixed note yesterday at the close of a busy week of earnings news. The Dow finished slightly down, while the broader Standard and Poor's 500 index and the Nasdaq both ended with gains.
Stocks stayed within a narrow r...
DATE: Oct 23, 2010
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Sometime quite soon, we will witness another changing of the guard. We don't know who it will be representing us and the affairs of our country, but we hope the person selected is taking this position at the right time, for the right reasons, with th...
DATE: Oct 23, 2010
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The FTSE 100 index of leading British shares was down 0.3 percent, at 5,738.97.
Britain's top shares were weaker yesterday, weighed by miners with investors banking recent strong gains on a quiet day for the market, as the index retreated from the p...
DATE: Oct 23, 2010
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