76292 results returned for search: "" category "Business"
ATLANTA (AP) — US Airways Group Inc. reported a $79 million loss for the final three months of 2009, but, like other carriers, sees positive momentum this year.
It also said yesterday it significantly reduced its 2010 and 2011 capital commitments, in...
DATE: Jan 29, 2010
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LONDON (AP) — UK commercial broadcaster ITV PLC said yesterday that it has hired the chief executive of Royal Mail Group as its new CEO.
Adam Crozier, 46, will take up his new role later this year, the company said.
ITV announced in November that for...
DATE: Jan 29, 2010
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DAVOS, Switzerland (AP) — Laying out his strategy for long-term economic growth, a possible future leader of China said yesterday that Beijing would seek to boost domestic consumer demand to drive forward its booming economy and move away from an ove...
DATE: Jan 29, 2010
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FRANKFURT/NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc has amassed a $1 billion stake in Germany's Munich Re, boosting its already large exposure to the reinsurance sector even as it prepares to complete its biggest acquisition.
Munic...
DATE: Jan 28, 2010
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SAN FRANCISCO (AP) — Apple Inc. will sell the newly unveiled tablet-style iPad starting at $499, a price tag far below the $1,000 that some analysts were expecting.
The iPad, which is larger in size but similar in design to Apple's popular iPhone, wa...
DATE: Jan 28, 2010
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AM Best Co. has assigned a debt rating of 'bbb-' to the recently issued $250 million 8.875 percent senior unsecured notes, due 2040 of Bermuda-based reinsurer Validus Holdings Ltd.
The assigned outlook is stable.
The proceeds from the debt offering w...
DATE: Jan 28, 2010
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LONDON (Reuters) - British retail sales volumes unexpectedly fell at their sharpest annual pace in five months in January as freezing weather and the reversal of the VAT cut depressed demand, a survey showed on yesterday.
The Confederation of British...
DATE: Jan 28, 2010
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Bermuda Commercial Bank Ltd. dropped 20 percent ($1.50) to $6 on The Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 466 shares during the day.
Argus Group Holdings Ltd. also slid 2.17 percent (20 cents) to $9, with 8,400 shares changin...
DATE: Jan 28, 2010
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Political and financial instability remain a feature of the global business landscape as a result of the recession, according to Aon Risk Services. The company launched its 17th annual Political Risk Map in a global webcast yesterday.
Miles Johnston...
DATE: Jan 28, 2010
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Torus has built on it efforts to expand in Europe, with the appointment of Thomas Guesde as senior vice-president of its new European Casualty platform.
The Bermuda-based global specialty insurer said yesterday that Mr. Guesde would be based in the c...
DATE: Jan 28, 2010
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AUTHOR:
Jonathan Kent
