76374 results returned for search: "" category "Business"
NEW YORK (Associated Press) - A recent ratings downgrade for Bermuda-based Assured Guaranty Ltd. and its affiliates will make it difficult for the bond insurer to generate new business, a Deutsche Bank analyst said.
Moody's Investors Service made the...
DATE: Nov 25, 2008
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DETROIT (AP) — After being skewered by Congress and lampooned on NBC's "Saturday Night Live," the CEOs of Detroit's three automakers may end up making their return trip to Washington by car as they seek a federal bailout.
The Detroit area's auto indu...
DATE: Nov 25, 2008
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Businesses will get some tips on how to survive in the current financial crisis thanks to a new brochure launched by the Bermuda Small Business Development Corporation (BSBDC).
The launch of the new handout was part of a comprehensive campaign to hel...
DATE: Nov 25, 2008
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san francisco (Bloomberg) — Nissan Motor Co., seeking to lead a new market for battery-powered cars, said growing US demand for all-electric vehicles will be tempered by the need for charging stations to power them.
"We know the consumers are interes...
DATE: Nov 25, 2008
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NEW YORK (Reuters) - Efforts to settle a long-running fraud lawsuit against American International Group Inc's former chief, Maurice (Hank) Greenberg, have broken down amid the insurer's financial woes, a lawyer from the New York attorney general's o...
DATE: Nov 25, 2008
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The Bermuda Stock Exchange (BSX) yesterday announced the de-listing of the shares of Phoenix Capital Reserve Fund Ltd.
The de-listing, which was effective as of yesterday, followed the fund's decision to go into voluntary liquidation.
DATE: Nov 25, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) endured another quiet day's trading, with only one company's share price changing.
Belco Holdings Ltd. boosted its share value by 50 cents (3.12 percent) to $16.50, with 6,000 shares traded.
The on...
DATE: Nov 25, 2008
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NEW YORK (Reuters) - Wall Street could get a quick boost this week from signs of President-elect Barack Obama's economic stimulus plan, but concerns about the long-term outlook and the fate of Citigroup will still weigh on investors.
The holiday-shor...
DATE: Nov 25, 2008
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TORONTO (Bloomberg) - Canadian stocks rose a second day, led by BCE Inc. and commodity producers, after the US government rescued Citigroup Inc. with cash and guarantees, boosting investor confidence and resource prices.
BCE gained the most since Jul...
DATE: Nov 25, 2008
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LONDON (Bloomberg) — Chancellor of the Exchequer Alistair Darling said he plans to increase borrowing to £78 billion ($118 billion) this fiscal year and £118 billion in the next as the global financial crisis ravages government finances.
The budget d...
DATE: Nov 25, 2008
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