76342 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — American International Group Inc. investors will receive $843 million as part of a settlement of Securities and Exchange Commission claims the insurer, now under US control, committed accounting fraud from 2000 to 2005.
Cheques...
DATE: May 20, 2009
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TORONTO (Reuters) - Toronto's main stock index rallied sharply yesterday, reclaiming most of last week's losses, as higher oil prices boosted energy issues and as the TSX caught up with a rise by US stocks on Monday when the Toronto market was closed...
DATE: May 20, 2009
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LONDON (AP) — British luxury goods company Burberry Group PLC made a £5.1 million ($7.9 million) loss for the year after it heavily discounted products to maintain sales, wrote down the value of Spanish stores and bore the cost of moving its London a...
DATE: May 20, 2009
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WASHINGTON (AP) — President Barack Obama is asking consumers to put their money — up to $1,300 per new vehicle by 2016 — behind his plan for higher efficiency standards for cars and trucks and tougher rules on their greenhouse gas emissions.
In retur...
DATE: May 20, 2009
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NEW YORK/WASHINGTON (Reuters) - JPMorgan Chase & Co and several other banks eager to escape the restrictions and stigma linked to government bailout funds may get the chance to do so in the next few weeks.
Regulators are talking to big banks that wan...
DATE: May 20, 2009
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NEW YORK (Bloomberg) — Warren Buffett's Berkshire Hathaway Inc., the largest shareholder in Kraft Foods Inc. and Coca-Cola Co., is scaling back stock purchases after the firm's cash holdings fell to their lowest in more than five years.
Berkshire is ...
DATE: May 20, 2009
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LONDON (AP) — Vodafone Group Plc, the world's biggest mobile phone company by sales, said yesterday that full-year profit fell 53.5 percent as the company posted heavy impairment charges on operations in Spain, Turkey and Ghana.
The writedowns of £5....
DATE: May 20, 2009
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LONDON (Bloomberg) — Hardy Underwriting Bermuda Ltd., a Lloyd's of London insurer, said premium income rose 30 percent in the first quarter of the year because of higher rates and a boost in sales to wealthy individuals.
Premium income increased to £...
DATE: May 20, 2009
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NEW YORK (Bloomberg) — Chubb Corp., the insurer of corporate boards and high-end homes, named Stuart Spencer as chief operating officer for worldwide accident and health.
Spencer, who joins from American International Group Inc., will report to Andre...
DATE: May 20, 2009
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The Crisson & Hind Fine Art Gallery will celebrate 10 years in business next month.
Located above the Crisson jewellery store at 71 Front Street, the commercial gallery showcases and sells the work of some of the finest stone sculptors in Zimbabwe.
T...
DATE: May 19, 2009
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AUTHOR:
Jonathan Kent
