76373 results returned for search: "" category "Business"
beijing (Bloomberg) — Dai Chen broods as train No. 1076 rumbles across south China's Guangdong province, taking him back to the fields and trees of his rural home. He'd rather be on the noisy, cramped factory floor in Dongguan where he used to work.
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DATE: Dec 12, 2008
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NEW YORK (Reuters) - Wall Street's bonuses will fall at least 50 percent this year, pushing them back down to the level last seen in 2002, the New York city comptroller said, predicting the pain will not be confined to top executives.
Federal regulat...
DATE: Dec 12, 2008
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Christmas shoppers will be able to buy all of their last-minute gifts without worrying about the meter ticking after the Corporation of Hamilton announced free car parking in its lots throughout the City.
The move, which was officially announced by M...
DATE: Dec 12, 2008
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WASHINGTON (AP) — Labour, lawmakers and the auto industry bargained in unprecedented private talks at the Capitol last night, claiming progress in a common struggle to salvage a $14 billion government bailout of the nation's Big Three carmakers.
"We'...
DATE: Dec 12, 2008
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WASHINGTON (AP) — Citigroup Inc. and UBS AG yesterday agreed to buy back a total of nearly $30 billion in risky auction-rate securities that regulators said the banks marketed to customers as safe.
The Securities and Exchange Commission formally appr...
DATE: Dec 12, 2008
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TORONTO (AP) — The largest leveraged buyout in history is officially dead.
Arguments over a billion-dollar break fee have erupted after an investment group said an audit found its proposed $35 billion deal to take Canadian telecom company BCE Inc. pr...
DATE: Dec 12, 2008
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Former Premier Sir John Swan has warned that Bermuda needs to wake up and realise it faces "severe consequences" from the global recession, including more job losses and falling property values.
The businessman said Bermuda's economy was hugely relia...
DATE: Dec 12, 2008
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AUTHOR:
Jonathan Kent
MOSCOW (Bloomberg) — Russia is halting pork shipments from six more US plants, including a Swift & Co. facility owned by JBS SA, after meat from the processors didn't pass Russian import requirements.
Russia, the fourth-largest buyer of US pork, won'...
DATE: Dec 12, 2008
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MOSCOW (Reuters) - The Russian central bank allowed the fifth one percent devaluation in the rouble against the dollar/euro basket in a month yesterday as fresh data showed a $17.9 billion drop in gold and forex reserves last week.
The rouble weakene...
DATE: Dec 12, 2008
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Credit Suisse yesterday cut its share price target on Bermuda-based business insurer XL Capital Ltd. to $4 from $21.
The decision came the day after Bloomberg reported that the company was seeking a buyer.
Credit Suisse said in yesterday's research n...
DATE: Dec 12, 2008
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AUTHOR:
Jonathan Kent
