76354 results returned for search: "" category "Business"
TORONTO (Reuters) - Rock-bottom valuations and a huge investment by China would seem to bode well for the future of Canadian base metals stocks, but market pros are still wary of wading into the hard-hit sector.
The investment — state miner Chinalco ...
DATE: Feb 16, 2009
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NEW YORK (Reuters) - Texas billionaire Allen Stanford's offshore bank, which is under federal investigation, recently curtailed financing commitments to two small firms, The Wall Street Journal reported on its website on Saturday, citing regulatory f...
DATE: Feb 16, 2009
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WASHINGTON (Bloomberg) — The Obama administration pledged to work with Congress on implementing tough executive-pay limitations at banks that get federal bailout money as critics said the new restrictions in economic-stimulus legislation will prompt ...
DATE: Feb 16, 2009
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washington (Bloomberg) — Senior White House adviser David Axelrod said the recession in the US is "gaining momentum" and it will take time for the $787 billion stimulus legislation passed by Congress last week to take effect.
The economy would be in ...
DATE: Feb 16, 2009
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The Obama administration's programme to revive the economy and stabilise the financial system has got off to a rocky start. There has been much bickering in Congress about the content and the implementation of the plans. Ideology and politicking have...
DATE: Feb 16, 2009
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LONDON (Bloomberg and BestWire) — London-based insurer Beazley Group Plc is to follow its Lloyd's peers Catlin and Hiscox in redomiciling outside Britain.
But unlike the others, Beazley has not opted to come to Bermuda, partly for reasons of stabilit...
DATE: Feb 16, 2009
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NEW YORK (Bloomberg) — The yen and dollar rose against most of their major counterparts on speculation US efforts to end the recession and the financial crisis will fall short, spurring demand for the currencies as havens.
The currencies gained more ...
DATE: Feb 16, 2009
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ST. JOHN'S (Reuters) - Prime Minister Baldwin Spencer said yesterday he fears the investigations into Texas billionaire Allen Stanford's banking businesses in Antigua and Barbuda will cost the Caribbean nation jobs and damage its image.
"It is out th...
DATE: Feb 16, 2009
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NEW YORK (Reuters) - By year end, American International Group Inc expects to have largely wound down a money-losing financial products unit that was the cause of its near-collapse last year, said Gerry Pasciucco, hired three months ago to oversee th...
DATE: Feb 16, 2009
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NEW YORK (Reuters) - With Wall Street veering close to the November bear market lows, the market is likely to be awash with caution this week as investors look for clarity on how the government plans to shore up banks, housing and the economy.
As a d...
DATE: Feb 16, 2009
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