76279 results returned for search: "" category "Business"
CHARLOTTE, North Carolina (AP) — American International Group Inc. said yesterday it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will giv...
DATE: Mar 09, 2010
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LONDON - Britain's top share index hit an 18-month closing high, led by oil stocks and miners, while drugmakers fell with AstraZeneca pressured after its cancer drug failed in trials. The FTSE 100 ended up 6.96 points, or 0.12 percent, at 5,606.72, i...
DATE: Mar 09, 2010
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BC-AS--China-Currency Tensions, 1st Ld-Writethru,1158
China faces new pressure to let currency rise
AP Photo XAY801
BEIJING (AP) -- China faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the...
DATE: Mar 09, 2010
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LONDON (Reuters) - Banks operating in Britain were given more breathing space yesterday when their regulator, the Financial Services Authority, said it would not demand higher liquidity levels until the economy is recovering properly.
The FSA angered...
DATE: Mar 09, 2010
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BC-DUBAIWORLD-CREDITORS/ (UPDATE 1)
UPDATE 1-Dubai World deal hope lifts markets, divides creditors
For more stories on Dubai World's debt click on:
+ Credit default swap spreads ease 20 basis points
+ Dubai stock index rises more than 1 percent
+ Po...
DATE: Mar 09, 2010
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LOM Fixed Income Fund has been awarded three five-star ratings from Morningstar Inc. — the highest rating a fund can receive from the independent mutual fund analysis and ratings company — putting it in the top 10 percent of rated funds.
The fund rec...
DATE: Mar 09, 2010
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NEW YORK (Reuters) - The dollar soared against the yen on Friday after a government report showed US employers cut fewer jobs than expected last month, boosting hopes a US economic recovery was still on track.
The renewed optimism also encouraged inv...
DATE: Mar 08, 2010
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SOUTHFIELD, MIchigan (Bloomberg) - General Motors Co. (GM) plans to reinstate 661 dealers and may enter arbitration with as many as 400 outlets as the biggest US automaker attempts to stem declines in domestic market share.
GM offered franchise agree...
DATE: Mar 08, 2010
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Max Capital Group and Harbor Point Re do not plan to cut any jobs when they merge to create a new re/insurer with $3 billion of capital later this year.
The combination into Alterra Capital Holdings Ltd. will result in little overlap, bosses of the m...
DATE: Mar 08, 2010
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Proposals in Government's Budget will create a "significant" increase in the cost of doing business in Bermuda, according to Max Capital CEO Marty Becker.
But Mr. Becker believes that Bermuda remains an attractive domicile for international re/insura...
DATE: Mar 08, 2010
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