76402 results returned for search: "" category "Business"
OSLO (Bloomberg) - Seadrill Ltd., the Norwegian oil-rig company set up by billionaire John Fredriksen, rose as much as 4.1 percent in Oslo trading after the company won contracts worth $4.1 billion for three of its rigs in Brazil.
Seadrill rose as mu...
DATE: Apr 15, 2008
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Bermuda is the best place in the world to practise insurance, according to Axis Capital boss John Charman, and he has no ambitions to return to Lloyd's where he built his reputation.
Speaking with Insurance Day, Mr. Charman described the recent succe...
DATE: Apr 15, 2008
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BERLIN (AP) — German automaker Volkswagen AG said yesterday it sold seven percent more vehicles in the first quarter than it had a year earlier to reach a new high, despite the dampening effect on exports of the strong euro.
Sales for the January-to-...
DATE: Apr 15, 2008
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LONDON (AP) - US private equity firm JC Flowers will not increase its $6.9 billion bid for Friends Provident plc. and warned the British insurer it plans to walk away if talks do not begin by Friday.
Shares in Friends, which rejected the £1.50 ($2.98...
DATE: Apr 15, 2008
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LONDON (Reuters) - British manufacturers hiked prices in March at the fastest rate since 1991, faced with the strongest rise in costs since records began in 1986, data showed yesterday, raising the risk of a sharp consumer price spike.
The stronger t...
DATE: Apr 15, 2008
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The latest regulatory changes and trends will be the main talking point at a seminar set to be held at the Fairmont Hamilton Princess Hotel tomorrow.
The "Insight into the Latest Regulatory Changes and Trends" Securities and Exchange Commission (SEC)...
DATE: Apr 15, 2008
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NEW YORK (AP) - Stocks finished a quiet session moderately lower yesterday as investors grappled with concerns about the health of corporate profits after Wachovia Corp. posted disappointing quarterly results.
Investors appeared to be pausing followi...
DATE: Apr 15, 2008
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CHARLOTTE, North Carolina (AP) - Wachovia Corp. will slash its dividend and raise $7 billion (4.4 billion euros) in a share sale after the bank reported a surprising first-quarter loss yesterday of $393 million (248 million euros).
"I'm deeply disapp...
DATE: Apr 15, 2008
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Bermuda-based Tyco International Finance SA's (TIFSA) $1 billion commercial paper programme has been assigned an 'A-2' rating by Standard & Poor's (S&P) Ratings Services.
S&P said the ratings reflect the company's strong business profile - which incl...
DATE: Apr 15, 2008
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LONDON (Bloomberg) - Goldman Sachs Group Inc. strategists say the US corporate earnings season got off to an "awful" start and shares will drop as companies slash forecasts for the rest of 2008.
"We expect generally disappointing results and a swath ...
DATE: Apr 15, 2008
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