76211 results returned for search: "" category "Business"
RenaissanceRe Holdings Ltd. has announced the retirement of long-serving director William Hecht and the appointment of former chairman and CEO of The Northwestern Mutual Life Insurance Company Edward Zore to the board, as of Wednesday.
Mr. Hecht, 67,...
DATE: Aug 13, 2010
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NEW YORK (AP) — US airlines have cut jobs for two straight years, the government said, as accelerating layoffs and outsourcing sped up a downward slide that started in 2001.
The industry has now lost one of every four US employees it had a decade ago...
DATE: Aug 13, 2010
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SYDNEY (AP) — Qantas Airways Ltd. posted a 4.3 percent fall in annual profit — partly blaming the Icelandic volcano ash that shut down air travel over Europe earlier this year — but said market conditions were improving.
Net profit for the 12 months ...
DATE: Aug 13, 2010
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NEW YORK (AP) - Investors are getting optimistic that the Federal Reserve will restart some of its economic stimulus programmes.
Stocks closed moderately higher yesterday, a sign that many traders expect the Fed to take steps to put some energy back ...
DATE: Aug 12, 2010
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The former operator of the Dockyard Cement Facility has questioned the viability of the conditions laid down by the West End Development Company (Wedco) for the running of the plant.
In awarding Maxcem Ltd. a lease to run the facility for the next 10...
DATE: Aug 12, 2010
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TORONTO (Reuters) - Toronto's main stock index fell to its lowest level in nearly three weeks yesterday as worries about global growth dragged down commodity-linked shares.
Suncor Energy tumbled four percent to C$33.34 and fellow oil company Canadian...
DATE: Aug 12, 2010
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Consumers continue to tighten their purse strings and spend less at the stores — a trend that has been going on for more than two years.
Sales at retail outlets fell in June for the 15th consecutive month, year on year, according to figures released ...
DATE: Aug 12, 2010
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - The Bank of England left the door open for more monetary easing, cutting its forecast for UK economic growth and predicting that inflation would fall well below its two percent target in two years.
A day after the Federal Reserve d...
DATE: Aug 12, 2010
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Butterfield Bank traded 101,300 shares on The Bermuda Stock Exchange yesterday.
The bank opened and closed the day at $1.50.
The Index, as a whole, also remained unchanged at 1,268.17, with 101,300 shares worth $151,585 traded.
The BSX Insurance Inde...
DATE: Aug 12, 2010
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NEW YORK (AP) — American International Group Inc. said yesterday it is selling an 80 percent stake in its consumer credit business, American General Finance Inc., to hedge fund manager Fortress Investment Group LLC as it continues to sell off assets ...
DATE: Aug 12, 2010
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