76294 results returned for search: "" category "Business"
LONDON (AP) — UK homeowners paid off £4.9 billion ($7.85 billion) in mortgage debt in the third quarter, the Bank of England said yesterday, marking the sixth consecutive quarter in which consumers reined in spending to bolster their personal finance...
DATE: Dec 30, 2009
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Insurers Benefited From Investments, Weather, Moody's Says
c.2009 Bloomberg News
Dec. 29 (Bloomberg) -- U.S. property and casualty insurers, a group including Travelers Cos. and Allstate Corp., benefited this year from gains in the value of some hold...
DATE: Dec 30, 2009
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NEW YORK (Bloomberg) - American International Group Inc. (AIG), recipient of a $182.3 billion taxpayer-funded rescue, gained the most in the Standard & Poor's 500 Index after the government removed caps on aid to Freddie Mac and Fannie Mae.
The US Tr...
DATE: Dec 29, 2009
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NEW YORK (Reuters) - Gold prices rose slightly yesterday, but trade was quiet as many investors stayed on the sidelines with European and other major metals markets closed since late last week for Christmas.
A slightly weaker US dollar prompted some ...
DATE: Dec 29, 2009
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Nine Beaches has laid off seven staff as a result of the economic downturn, The Royal Gazette can reveal.
The exclusive resort has made six Bermudians and one guest worker redundant who would normally have been kept on during the close season between...
DATE: Dec 29, 2009
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NEW YORK (Bloomberg) - Microsoft Corp. co-founder Bill Gates's Cascade Investment LLC took a 3.56 million-share stake in Bermuda-based insurer Arch Capital Group Ltd.
The holding represents about 6 percent of the stock, according to a regulatory fili...
DATE: Dec 29, 2009
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LAS VEGAS (Bloomberg) — Options traders are doubling down on MGM Mirage, betting a new 67-acre complex of gaming tables, hotels, condominiums and stores will restore the casino operator's profits.
Investors buying contracts to purchase MGM for twice ...
DATE: Dec 29, 2009
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DATE: Dec 29, 2009
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TOKYO (Reuters) – Japan's industrial output rose for the ninth consecutive month in November, the longest streak of gains in more than 12 years, driven by demand from the United States and Asia as well as domestic subsidies.
The figures reinforce the...
DATE: Dec 29, 2009
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NEW YORK (AP) - Nabors Industries Ltd. said yesterday that its top two executives will receive smaller salaries through the first half of 2010 to help the petroleum driller deal with tumbling profits.
Eugene Isenberg, the company's chairman and CEO, ...
DATE: Dec 29, 2009
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