76337 results returned for search: "" category "Business"
Government spending was up by almost 10 percent for the first quarter of 2009, but its revenue fell by 8.1 percent over the same period, according to the latest figures released by the Department of Statistics.
The Quarterly Bulletin of Statistics re...
DATE: Aug 14, 2009
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LONDON - Britain's top share index hit a 10-month closing high lifted by a rally in mining stocks, after reassuring gross domestic product (GDP) data from France and Germany fuelled hopes of an economic recovery. The FTSE 100 closed up 0.82 percent, ...
DATE: Aug 14, 2009
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FRANKFURT (AP) — Volkswagen AG's supervisory board yesterday approved absorbing Porsche into VW by the end of 2011, with an initial stake to be acquired this year for 3.3 billion euros ($4.72 billion), the Wolfsburg-based company said in a statement....
DATE: Aug 14, 2009
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NEW YORK (AP) - Focused on an economic recovery, investors shook off disappointing news and kept Wall Street's summer rally going.
Investors sent stocks higher for a second day in a row yesterday, giving all the major indexes a moderate boost and add...
DATE: Aug 14, 2009
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Budding young Bermudian students were able to step into the shoes of a broker and find out what it takes to be at the cutting edge of Bermuda's insurance industry thanks to a new summer internship initiative launched by Marsh and Guy Carpenter & Co L...
DATE: Aug 14, 2009
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LONDON (AP) - Britain's financial services watchdog defended itself yesterday against allegations that its new rules on bankers' pay had been significantly watered down from its initial proposals after complaints from financial institutions.
In a bid...
DATE: Aug 14, 2009
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ZUG, Switzerland (AM BestWire) — Shareholders of Paris Re Holdings Ltd. approved a series of proposals that would set the table for Paris Re's merger with Bermuda-based PartnerRe Ltd.
According to Paris Re, shareholders representing 71.99 percent of ...
DATE: Aug 14, 2009
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LONDON (AP) - Government programmes to support the auto industry helped Germany and France return to economic growth in the second quarter, rebounds that stoked hopes the recession in the wider 16-country euro area may also end sooner than thought.
E...
DATE: Aug 14, 2009
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LONDON (AP) - Prudential plc., Britain's biggest insurer by market value, said its first half loss narrowed after a strong rise in US sales and an increase in the value of the securities it holds. Shares in the company jumped eight percent.
The net l...
DATE: Aug 14, 2009
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Butterfield Bank continued its recent revival as its common shares rose by five cents (0.98 percent) on The Bermuda Stock Exchange yesterday.
The shares closed the day at $5.15, with a total of 1,100 traded.
Overall, the Index increased by 8.74 point...
DATE: Aug 14, 2009
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