76341 results returned for search: "" category "Business"
WASHINGTON (Reuters) - General Motors Corp and the US government finalised plans yesterday for the battered automaker to reorganise, as a majority of debtholders helped clear the way to a massive bankruptcy filing expected today.
President Barack Oba...
DATE: Jun 01, 2009
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NEW YORK (Bloomberg) — The bond insurance unit of Bermuda-based Syncora Holdings Ltd., ordered by regulators to restore a capital surplus, reached an agreement with 25 firms to restructure $56 billion in credit-default swaps.
Syncora, formerly known ...
DATE: Jun 01, 2009
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The Bermuda Supreme Court has dismissed the application by Bermuda reinsurer Validus Holdings Ltd. to convene a meeting of IPC Holdings Ltd. shareholders in connection with its attempted hostile takeover of the company.
Validus wants to derail a plan...
DATE: Jun 01, 2009
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AUTHOR:
Jonathan Kent
SASKATOON, Saskatchewan (Reuters) - A rally in grain and oilseed prices will likely give a further boost to shares of Canadian companies that provide farmers with everything from fertilizer to tractors.
That's welcome news for a sector of the stock m...
DATE: Jun 01, 2009
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Retirement has been portrayed through rose-coloured glasses for many years as the reward for working, living, coping, consuming, raising a family, and just getting on with life.
When younger individuals realistically think about those already retired...
DATE: May 30, 2009
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NEW YORK (AP) — Wall Street sealed the third month of its spring rally with a huge advance. The fourth month looks a little less certain.
Stocks shot higher right before the closing bell yesterday after fluctuating on a mix of economic data. Analysts...
DATE: May 30, 2009
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We start this week's column with a warning to children: do not smoke. It's bad for you and will kill you. Also, it's highly addictive and can get you into all kinds of trouble. I'm going to talk about that and combine it with an easy-to-understand ex...
DATE: May 30, 2009
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The US Government Accountability Office has been ordered to study the use of credit by consumers, and in particular the effect interchange fees have on consumers and merchants.
Many people may not be aware of these fees, but for lenders, merchants an...
DATE: May 30, 2009
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LONDON - Britain's blue chip index ended 0.7 percent higher, boosted by firmer UK house prices and steady consumer confidence, with commodity stocks and banks leading the way but defensive shares came under pressure. The FTSE 100 closed 30.40 higher ...
DATE: May 30, 2009
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Local stocks ended slightly lower yesterday after Butterfield Bank dropped nearly one percent.
The bank, which was the only domestic company to trade yesterday, shed five cents, or 0.9 percent, to close on $5.50, as 250 shares traded.
The Royal Gazet...
DATE: May 30, 2009
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