76382 results returned for search: "" category "Business"
Bermuda's international business sector will be showcased in a report by the United International Press on behalf of the New York Post.
The report, which is being put together by research UIP is currently doing on the Island, will highlight Bermuda's...
DATE: Sep 29, 2008
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NEW YORK (Reuters) - The US dollar fell against the yen on Friday, as anxiety over the government's proposed $700 billion bailout plan and the seizure of Washington Mutual Inc. prompted investors to shun risky trades.
Traders sold high-yielding curre...
DATE: Sep 29, 2008
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There proved to be some big losses on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week, with no fewer than four companies ending the week down.
The utilities sector was hardest hit, with KeyTech Ltd. and Belco Holdings Ltd. falling by $...
DATE: Sep 29, 2008
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HONG KONG (AP) - HSBC Holdings, Europe's largest bank by market value, is cutting 1,100 jobs worldwide in the wake of the financial turmoil, a spokesman said yesterday.
The London-based lender is laying off four percent of its global banking and mark...
DATE: Sep 29, 2008
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The turmoil on the financial markets has yet to die down. At the time of writing, politicians in Washington were still wrangling over the details of the rescue plan. But given the state of the markets, it is highly likely that the package will be fin...
DATE: Sep 29, 2008
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NEW YORK (Reuters) - US stocks are unlikely to make much headway next week unless Congress comes up with a deal on the proposed package to rescue the beleaguered US financial sector and contain fallout from the global credit crisis.
With government d...
DATE: Sep 29, 2008
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PartnerRe Ltd. has announced that the valuation period for its maturing forward sale agreement began last week.
Under the terms of the forward sale agreement, PartnerRe expects to deliver 3,366,295 common shares to an affiliate of Citigroup over a 40...
DATE: Sep 29, 2008
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WASHINGTON (AP) - Key lawmakers who struck a post-midnight deal on a $700 billion bailout for the financial industry predicted yesterday it would pass Congress, putting in place the largest government intervention in markets since the Great Depressio...
DATE: Sep 29, 2008
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NEW YORK (Bloomberg) - Washington Mutual Inc. (WaMu) bondholders are likely to lose most of their money after the thrift was seized in the largest US bank failure in history, according to CreditSights Inc.
WaMu was taken over after customers withdrew...
DATE: Sep 27, 2008
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Q. I am unhappy with the performance of my stock in Vodafone Group plc. I had been told it was such a great company. - FR, via the Internet
A. The world's largest cellular phone service provider by sales has enormous size and outreach. It has either ...
DATE: Sep 27, 2008
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