76239 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Hedge-fund managers, Wall Street's best compensated and supposedly smartest investors, are dazed and confused.
Reeling from the worst second-quarter performance in a decade, hedge funds have scaled back trading as they struggle...
DATE: Jul 09, 2010
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Lindo's Group of Companies is to become the Island's first business to adopt large-scale renewable energy. The supermarket chain yesterday announced a contract with Alternative Energy Systems (AES) to equip its two stores with a 210,000-watt solar en...
DATE: Jul 09, 2010
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FRANKFURT (Reuters) - The European Central Bank expects the euro zone's economic recovery to be moderate and uneven, President Jean-Claude Trichet said yesterday after the bloc's interest rates were held at a record low one percent.
Trichet welcomed ...
DATE: Jul 09, 2010
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Bermuda-based hedge fund administrator Prime Management Ltd., announced that Fred Busk of Netherby Advisors has agreed to coordinate the business development and client service activities of Prime within the US and Europe.
In this role, Mr. Busk wil...
DATE: Jul 09, 2010
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The first decline in the number of jobs in international business for at least five years is a warning sign that Bermuda cannot afford to be too dependent on any one industry in the future.
That was the message from David Ezekiel, chairman of the Ass...
DATE: Jul 09, 2010
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NEW YORK (AP) — Stores steepened discounts more than planned in June to help drive recession-scarred customers into the malls to buy summer merchandise. But shoppers spent cautiously amid escalating job worries, resulting in modest gains for many mer...
DATE: Jul 09, 2010
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Lancashire Holdings Ltd. has announced the resignation of director Barry Volpert with immediate effect.
Mr. Volpert's resignation follows the sale of Crestview Partners LP's remaining shares in the company, as advised to the market on Wednesday.
Mr. ...
DATE: Jul 09, 2010
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LONDON (Reuters) - The Bank of England's Monetary Policy Committee kept interest rates at a record low 0.5 percent yesterday, in an almost universally expected decision that likely reflects policymakers' concerns about the growth outlook.
All 61 econ...
DATE: Jul 09, 2010
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LONDON (Reuters) - House prices in Britain fell 0.6 percent in June, the third successive monthly fall, a survey from mortgage lender Halifax showed yesterday, reinforcing the view that last year's housing market recovery is tailing off.
Halifax said...
DATE: Jul 09, 2010
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BEIJING(AP) — China will keep its currency at a "basically stable and reasonable" level and financial pressure for the yuan to rise is easing due to Europe's debt woes, the country's foreign exchange regulator said yesterday.
Washington and other tra...
DATE: Jul 09, 2010
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