77164 results returned for search: "" category "Business"
Butterfield Bank is using some advice from major shareholder the Carlyle Group to help ensure that the investment problems that plagued it over the past three years cannot happen again.
The bank's new chief financial officer Brad Rowse told The Royal...
DATE: Oct 19, 2010
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AUTHOR:
Jonathan Kent
NEW DELHI (Bloomberg) - Coal India Ltd., the world's biggest producer of the fuel, received as much as 52.3 billion rupees ($1.2 billion) of bids on the first day of the nation's largest initial public offering (IPO).
Investors bid for 213.49 million...
DATE: Oct 19, 2010
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The Bermuda Stock Exchange opened and closed at 1,264.21 yesterday with 330 shares worth US$15,510 traded.
Butterfield Bank was the main trader with 10 shares changing hands, but its share price held firm at 1,000.
The BSX Insurance Index was also un...
DATE: Oct 19, 2010
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MOSCOW (AP) - British oil company BP has agreed to sell its energy assets in Venezuela and Vietnam to its Russian joint venture for $1.8 billion, the companies said in a statement yesterday.
The deal is part of a series of sales BP plc. is making to ...
DATE: Oct 19, 2010
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NEW YORK (Reuters) - Citigroup Inc. reported its third straight quarterly profit, beating forecasts and boosting optimism that the banking sector is on track to recover even amid a tepid economic expansion.
Relief about the improving results, bolster...
DATE: Oct 19, 2010
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TORONTO (Reuters) - Toronto's main stock index closed higher yesterday in a broad advance led by financial issues, which were supported by a healthier profit at Citigroup and an acquisition by Royal Bank of Canada.
The Toronto Stock Exchange's S&P/TS...
DATE: Oct 19, 2010
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NEW YORK (Bloomberg) - Morgan Stanley may be the next tenant at the former home of rival Goldman Sachs Group Inc.
Morgan Stanley is searching for about one million square feet (93,000 square metres) of offices in lower Manhattan and is considering 1 ...
DATE: Oct 19, 2010
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Samantha Froud has been named chief administration officer for the Ace Group's Bermuda operations.
Effective January 1, she will assume the responsibilities of Lori Samson, who has announced her retirement from Ace after 20 years of service.
Ms Frou...
DATE: Oct 19, 2010
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LONDON (Bloomberg) - SABMiller plc., the world's second-biggest brewer by volume, said first-half beer sales rose as gains in Asia and Africa more than offset declines in Latin America and Europe.
The quantity of lager sold increased one percent in t...
DATE: Oct 19, 2010
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SAN FRANCISCO (Bloomberg) - Apple Inc. reported fourth-quarter sales and profit that beat analysts' estimates, citing demand for iPhones and iPad tablet computers for students heading back to school.
Net income rose to $4.31 billion, or $4.64 a share...
DATE: Oct 19, 2010
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