76251 results returned for search: "" category "Business"
LONDON (AP) — Shares in Tesco PLC, the world's third largest retailer, slipped yesterday after it announced its chief executive would step down amid the company's expansion into the United States.
Terry Leahy plans to step down next March at the age ...
DATE: Jun 09, 2010
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LONDON (AP) — Fitch Ratings agency warned yesterday that Britain faces a "formidable" fiscal challenge and must cut its budget deficit faster to maintain its top credit rating.
In a special report ahead of an emergency budget planned by the new coali...
DATE: Jun 09, 2010
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BC-AS--China-Labor Woes, 1st Ld-Writethru,1010
China wage hikes boost costs but might help sales
AP Photo XHG801, XHG802
BEIJING (AP) -- The cost of hiring Chinese workers who supply the world with inexpensive furniture and toys is climbing. But work...
DATE: Jun 09, 2010
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SAN FRANCISCO (Reuters) - Apple Inc unveiled a new iPhone yesterday that goes on sale in scores of countries this year, preparing its fastest-ever global roll-out to try and stay a step ahead of rivals like Google Inc in a red-hot smartphone market.
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DATE: Jun 09, 2010
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NEW YORK (AP) — This time, the stock market had a late-day rally. Most stocks surged in the final hour of trading yesterday to give the Dow Jones industrials a gain of 123 points. That ended a two-day slump that sent the Dow down nearly 440 to a seve...
DATE: Jun 09, 2010
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WASHINGTON (AP) — Federal Reserve chairman Ben Bernanke said yesterday he is hopeful the economy will gain traction and not fall back into a "double dip" recession.
"My best guess is we will have a continued recovery, but it won't feel terrific," Ber...
DATE: Jun 09, 2010
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LONDON (AP) — British mortgage lender Northern Rock says it plans to cut as many as 650 jobs as a further step toward returning to private ownership.
Northern Rock was Britain's first victim of the credit crisis and was taken over by the government i...
DATE: Jun 09, 2010
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NEW YORK (Bloomberg) — American International Group Inc. was ordered by a federal judge to turn over records by September 1 to competitors that sued the company and said it was responsible for workers' compensation fraud of $1 billion.
AIG must revie...
DATE: Jun 09, 2010
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LONDON - Britain's FTSE 100 share index fell, led down by energy shares as BP dropped again on fresh Gulf of Mexico oil slick worries and banks which were hit by euro zone debt concerns and the threat of punitive taxes. The FTSE 100 closed at 5,028.1...
DATE: Jun 09, 2010
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The class of 2005 reinsurers who set up in response to a spike in demand after Hurricane Katrina may start to disappear as some institutional investors seek to pull out their money.
That is the view of Franklin Montross, the chairman and chief execut...
DATE: Jun 08, 2010
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AUTHOR:
Jonathan Kent
