76379 results returned for search: "" category "Business"
AMSTERDAM, (Reuters) - ING became the latest European bank to seek government funding yesterday, agreeing to a 10 billion euro ($13.5 billion) cash injection as well as scrapping executive bonuses and its year-end dividend.
Following a weekend of int...
DATE: Oct 20, 2008
|
CATEGORY:
Other
|
SAO PAULO (Bloomberg) — Cosan Ltd., which controls the world's second-largest sugar-cane processor, will raise the amount of stock it plans to sell to its principal shareholder and Brazil's Gavea Investimentos Ltda. to $200 million from $150 million....
DATE: Oct 20, 2008
|
CATEGORY:
Other
|
The lament about maturation through middle age, penned and performed by a famous international rock star came true for many people, including yours truly, this week.
For some, unfortunately, the focus is on an inevitable decline, hastened by negativi...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
WASHINGTON (Reuters) — You don't need a calculator to tell you the simultaneous crumbling of the stock, bond and real estate markets has dealt a blow to your retirement plans.
Those carefully fed 401(k)s and Individual Retirement Accounts are a shado...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
TORONTO (Bloomberg) - Canadian stocks rose, pushing the main index toward its biggest weekly gain in six years, as energy companies advanced on higher crude-oil prices and financial shares climbed on accounting rule changes.
EnCana Corp. led the rall...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
LONDON (Reuters) — London-listed insurer Catlin Group said it expected to take a $200 million hit from hurricanes Ike and Gustav.
In a statement, Bermuda-based Catlin said the figure was based on an estimate that the two storms, which swept through t...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
US Treasury Secretary Henry Paulson's big mistake was to cast his $700 billion financial rescue plan of the financial industry as a bailout.
He did so because it was, and remains, a bailout. The trouble is it won't work. The math doesn't track and th...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
A quick question: What is the capital of Iceland? Answer: $74.25.
Because of the financial crisis, I had to make a mercy dash to the UK last week, to help Gordon Brown, the British Prime Minister, avoid making a series of catastrophic mistakes.
Unfor...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
The week closed on a downward trend with the insurance, utilities and media sectors taking a big hit on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Argus Group Holdings Ltd. fell $1 (8.33 percent) to $11, with 3,000 shares traded,...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) - Wall Street ended a tumultuous two-week run relatively quietly yesterday, finishing another back-and-forth session mixed as investors were cheered by signs of easing in the credit markets and managed to absorb lacklustre economic news...
DATE: Oct 18, 2008
|
CATEGORY:
Other
|
