76370 results returned for search: "" category "Business"
MIAMI (AP) — Carnival Corp., the world's largest cruise operator, said yesterday that its fourth-quarter earnings rose four percent, beating Wall Street's expectations, as the company held down costs and benefited from higher prices on some cruise li...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) — Opec, which announced a larger-than-expected nine percent cut in output yesterday, risks cutting more supply than is needed to support prices, Barclays analysts said.
The group, source of more than 40 percent of world crude, "i...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) — US retailers will face a Darwinian fight for survival next year as they run out of cash as early as January and competition forces thousands of store closings, according to private-equity buyers and restructuring experts.
Proba...
DATE: Dec 19, 2008
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TORONTO (Bloomberg) - Canadian stocks fell the most in more than two weeks, led by energy companies and raw-materials producers, after crude oil fell below $36 a barrel for the first time since 2004 and gold prices retreated from a two-month high.
Ca...
DATE: Dec 19, 2008
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FRANKFURT, Germany (AP) — Luxury sports car maker Porsche SE said yesterday that sales in the first four months of its fiscal year slid nearly 10 percent as the global economic downturn pinched demand.
The Stuttgart-based maker of the 911 sports car ...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) - FedEx Corp. on Thursday announced more broad cost cuts — including salary reductions — as deteriorating economic conditions continue to drag down demand, warning the outlook for 2009 remains murky.
Chief Executive Frederick W. ...
DATE: Dec 19, 2008
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Offshore law firm Appleby has opened its latest office in Zurich, Switzerland, located in Bahnhofstrasse 52.
The Zurich office will be led by Jonathan Vanderkar, a partner in the firm, who has been a member of the Banking and Asset Finance Team in th...
DATE: Dec 19, 2008
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LONDON (AP) — The pound sank to a new record low against the euro yesterday as the government debt's burden hit its highest level in almost a quarter century and a leading Bank of England rate-setter hinted that interest rates could be cut to zero.
B...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) — Mary Schapiro, a top brokerage regulator tapped to head the U.S. Securities and Exchange Commission, is likely to promote an overhaul of the nation's financial-market regulations, including a possible merger of the SEC with the...
DATE: Dec 19, 2008
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One of Bermuda-domiciled Wilton Re Holdings Ltd.'s US subsidiaries is being sued by a 47-year-old widow for refusing to pay out on a $150,000 life insurance policy for her late husband that was submitted - and automatically issued - on-line on the sa...
DATE: Dec 19, 2008
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