77161 results returned for search: "" category "Business"
NEW YORK (Reuters) - Cisco's discouraging outlook dragged Wall Street lower yesterday, but the market fought back in a sign the bullish trend remains intact.
Cisco lost 16.2 percent to $20.52 after its earnings report. Major indexes plunged shortly a...
DATE: Nov 12, 2010
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ROME (Bloomberg) - Italy is perceived to be so immune to the European debt crisis that even the potential fall of its government is not driving up borrowing costs as much as in Ireland, Portugal and Greece.
The extra yield investors demand to hold Po...
DATE: Nov 12, 2010
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Argus Group Holdings Ltd. slipped 9.22 percent (58 cents) to $5.71 on The Bermuda Stock Exchange (BSX) on Wednesday.
The insurer traded 1,240 shares during the day.
But in contrast BF&M Ltd. rose 1.84 percent (24 cents) to $13.25, with 3,000 shares c...
DATE: Nov 12, 2010
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Ariel Holdings Ltd. chairman Don Kramer described US insurance rival William Berkley as "extraordinarily self-centred" at a conference in Hamilton on Wednesday.
Mr. Kramer suggested that while Mr. Berkley was an outspoken supporter of the Neal bill, ...
DATE: Nov 12, 2010
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Ignition Bermuda Ltd. has merged consultants from fellow Bermuda IT firm The Omni Group into its team.
In a statement released yesterday, the IT services provider said Omni customers would be switched over to Ignition with immediate effect.
Ignition ...
DATE: Nov 12, 2010
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AUTHOR:
Jonathan Kent
DUBLIN (Reuters) - Ireland warned yesterday that a surge in its borrowing costs to record highs had become "very serious" and the EU said it was ready to act should the humbled former "Celtic Tiger" require a rescue from its euro partners.
European o...
DATE: Nov 12, 2010
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SEOUL (Reuters) - The Group of 20 laboured yesterday to agree how to put the world economy on a sounder footing as renewed fears over Ireland's ability to pay its debts underscored the lingering fallout of the global financial crisis.
The G20 had hop...
DATE: Nov 12, 2010
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BOSTON (Reuters) - General Electric Co plans to buy 25,000 electric vehicles from makers including General Motors Co over the next five years, in a move it said could spark demand for the charging equipment it sells.
The largest US conglomerate aims ...
DATE: Nov 12, 2010
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As the world changes at an ever-increasing pace, one of the challenges for insurance companies is to identify emerging risks.
Not only so they can meet the ever-evolving needs of their clients, but also to help them recognise the "next asbestos" befo...
DATE: Nov 12, 2010
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AUTHOR:
Jonathan Kent
LAGOS, Nigeria (AP) - In oil-rich Nigeria, where tycoons race Italian sports cars down potholed roads and rents get paid years in advance, the minimum wage sits at only $50 a month.
Labour groups say such wages cripple those working in Africa's most ...
DATE: Nov 12, 2010
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