76308 results returned for search: "" category "Business"
LONDON (Reuters) - Large shareholders in Britain are bracing for rules urging more engagement with bank boards to be rolled out across all industries as calls mount for investors to shoulder more responsibility for how well companies are run.
Just da...
DATE: Nov 27, 2009
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LONDON (Reuters) - The British government defended its central bank's right to make secret loans to struggling financial institutions after the disclosure that two of them received almost £62 billion ($104 billion) last year.
"I remain of the view th...
DATE: Nov 26, 2009
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NEW YORK (Bloomberg) — Connecticut plans to join Ohio in suing credit-rating companies for "negligent, reckless and incompetent work" in grading debt purchased by state pension funds, according to Attorney General Richard Blumenthal.
Connecticut and ...
DATE: Nov 26, 2009
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Bermuda Commercial Bank Ltd. (BCB) suffered a net operating loss of $380,000 for the year ended September 30, 2009, as its earnings power was hit by low interest rates.
The net loss compared to a net profit of $5.16 million in 2008 as the economic do...
DATE: Nov 26, 2009
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Most of Bermuda's property and casualty (re)insurers are trading well below their book values after a year in which they have recovered strongly from the tumult of 2008.
A lack of expensive catastrophes and rebounding financial markets have helped th...
DATE: Nov 26, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - AIG and former chief executive Maurice (Hank) Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write a memoir, as well as photogr...
DATE: Nov 26, 2009
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DUBAI (Reuters) - Dubai will ask creditors of two of its flagship firms for a standstill on debt worth billions of dollars as a first step towards restructuring Dubai World, the conglomerate which spearheaded the emirate's breakneck growth.
The gover...
DATE: Nov 26, 2009
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NEW YORK (AP) — As stores prepare for hordes of Black Friday shoppers and mark-down high-definition TVs and hot toys, they're also pushing deals on something more mundane — necessities like socks and diapers.
Toys R Us, Walmart and clothing stores in...
DATE: Nov 26, 2009
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NEW YORK (Reuters) - The Washington Post is closing its last US bureaus outside the nation's capital as the money-losing newspaper retrenches to focus on politics and local news.
"At a time of limited resources and increased competitive pressure, it'...
DATE: Nov 26, 2009
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The IT industry is starting to pick up again in the wake of the economic downturn, according to a boss of one of Bermuda's leading IT firms.
Walter Burgess, director of telephony and network services at CCS Group Ltd., who was congratulating network ...
DATE: Nov 26, 2009
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