76401 results returned for search: "" category "Business"
LONDON (Reuters) - Britain's housing market is turning down fast and retail sales are falling, surveys showed yesterday, in another sign that interest rates will need to fall further this year to shore up the economy.
The weak figures add to mounting...
DATE: Apr 16, 2008
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Yes, all those CDs and DVDs you started collecting after you threw out your records are also on their way to obsolescence, the in-between period before you can no longer find the equipment to play them.
You may think I am being overly early in declar...
DATE: Apr 16, 2008
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AUTHOR:
Ahmed Elamin
LONDON (Bloomberg) — Shire Plc, England's third-largest drug-maker, will move its tax home to Ireland and cut the funds the company pays to the UK.
Shire will retain a listing on the London Stock Exchange and its American depositary shares on the Nas...
DATE: Apr 16, 2008
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ATLANTA (AP) - Delta Air Lines Inc. and Northwest Airlines Corp. have agreed to merge to create the world's biggest carrier, but they must now convince anti-trust regulators and labour unions to move forward.
Shares of both carriers fell sharply yest...
DATE: Apr 16, 2008
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LOM Securities (Bermuda) Ltd. has lowered its fees for transactions on the Bermuda Stock Exchange (BSX).
The minimum trade ticket has been reduced to $60 per transaction from $100.
Parent company the Lines Overseas Management (LOM) Group has launched...
DATE: Apr 16, 2008
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NEW YORK (AP) - Wall Street closed an erratic session moderately higher yesterday after investors sorted through a mixed batch of data that included a rebound in New York manufacturing, signs of rising inflation and uneven first-quarter earnings. The...
DATE: Apr 16, 2008
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NEW YORK (Bloomberg) — FGIC Corp., the money-losing bond insurer owned by Blackstone Group LP and PMI Group Inc., is seeking out investors and may consider selling the company as it approaches a deadline to shore up capital.
FGIC, which last month re...
DATE: Apr 16, 2008
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NEW YORK (AP) — Bear Stearns Cos.' profit plunged 79 percent in the fiscal first quarter that ended just two weeks before speculation about a liquidity crisis forced its sale to JPMorgan Chase.
The nation's fifth-largest investment bank posted result...
DATE: Apr 16, 2008
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SAO PAOLO, Brazil (Bloomberg) - GP Investments Ltd., the Brazilian private-equity firm that today announced the acquisition of a dairy producer, said it received a $200 million loan due in 10 years.
The loan will be denominated in reais and was offer...
DATE: Apr 16, 2008
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LONDON (Bloomberg) - GeoPark Holdings Ltd., the Bermuda-based oil and natural-gas explorer with operations in South America, found a new gas field after testing its Cerro Sutlej 1 well in Chile.
The well is producing about 4.3 million cubic feet of g...
DATE: Apr 16, 2008
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