76339 results returned for search: "" category "Business"
SOUTHFIELD, Michigan (Bloomberg) - Ford Motor Co. and Nissan Motor Co. reported June US sales that were better than estimates, as analysts predicted a stabilising US economy may have led the auto industry to its strongest month this year.
General Mot...
DATE: Jul 02, 2009
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DATE: Jul 02, 2009
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Efforts by the US tax authorities to tighten up scrutiny of offshore hedge funds will have
Stepping up its scrutiny of offshore investing, the IRS demanded that hedge-fund and private-equity investors disclose hundreds of billions of dollars they hav...
DATE: Jul 02, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - Oil prices fell yesterday after government data showed an increase in US gasoline inventories ahead of the July 4 Independence Day holiday, traditionally the peak of the summer driving season.
Gasoline stockpiles in the world's t...
DATE: Jul 02, 2009
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SAN FRANCISCO (Bloomberg) - As many as one in five US hotel loans may default through 2010 as the recession means companies are spending less on travel and perks, according to University of California economist Kenneth Rosen.
The value of hotel prope...
DATE: Jul 02, 2009
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LONDON - London's top share index closed 2.2 percent higher, fuelled by a rise in the oil price which prompted a strong rally in commodity stocks, and on hopes that the recession may be drawing to a close. The FTSE 100 closed at 4,340.71 points, up 9...
DATE: Jul 02, 2009
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NEW YORK (AP) - The stock market's third quarter began on a positive note yesterday after some reassuring data on manufacturing and the housing market.
The gains were tempered, though, ahead of today's June jobs report.
"That's going to be the big on...
DATE: Jul 02, 2009
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The Bermuda Stock Exchange Index (BSX) slumped 69.89 points (three percent) to 2,259.03 yesterday.
The Index traded 50,700 shares worth $253,600, while the BSX Insurance Index finished the day up 15.07 points (1.86 percent) at 825.18.
Among the trade...
DATE: Jul 02, 2009
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NEW YORK (Bloomberg) - Securities Investor Protection Corp., the government-charted agency liquidating Bernard Madoff's defunct business, said $231 million has been committed from its reserves to pay 543 claims by the con man's victims.
The agency, k...
DATE: Jul 02, 2009
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CHICAGO (Bloomberg) - Stanford Group chief financial officer James Davis will plead guilty as part of a federal probe of a $7 billion Ponzi scheme at the Texas company, his lawyer David Finn said.
Mr. Davis will continue to co-operate with the invest...
DATE: Jul 02, 2009
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