76402 results returned for search: "" category "Business"
Consumer retail spending bounced back by eight percent during February, driven by the rising cost of fuel and increased sales in building materials.
Government's latest Retail Sales Index report revealed that total retail sales recovered from a 0.4-p...
DATE: Apr 15, 2008
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DUBAI (Bloomberg) - Premiums written by Islamic insurers may jump to a combined $15 billion within a decade from $2 billion in 2006, according to Ernst & Young LLP.
The Islamic insurance industry, or Takaful, is expanding by 20 percent a year and com...
DATE: Apr 15, 2008
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TORONTO (Bloomberg) - Canadian stocks advanced as record crude oil and rising prices for metals and grains boosted speculation that Canada's resource-oriented economy and equity markets can avoid the slowdowns of their US counterparts.
Canadian Natur...
DATE: Apr 15, 2008
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NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc said Joseph Brandon has decided to resign as chairman and chief executive of its General Re Corp reinsurance unit, effective yesterday.
Mr. Brandon was once considered a leading candidate t...
DATE: Apr 15, 2008
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NEW YORK (Reuters) - A US judge sentenced the "mastermind" behind the collapsed hedge fund Bayou Group to 20 years in prison yesterday, a sentence that reflects the big losses suffered by investors in the $400 million fund.
Samuel Israel III, 48, is ...
DATE: Apr 15, 2008
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LONDON (Bloomberg) - British Airways plc. (BA) will delay shifting more flights to London Heathrow airport's Terminal 5 following the chaotic opening of the building last month.
A plan to move most long-haul services to the £4.3 billion ($8.5 billion...
DATE: Apr 14, 2008
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Bermuda is the single favourite domicile for captives, accounting for 29 percent of the total according to Marsh's latest Global Benchmarking Report.
The report, entitled 'Next Generation Captives - Optimising Opportunities', which was released by th...
DATE: Apr 14, 2008
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NEW YORK (Bloomberg) - Tyco International Ltd., the world's biggest maker of security and fire systems, agreed to pay $250 million to settle a lawsuit with firms representing bondholders.
The agreement was reached with firms that advise holders of ab...
DATE: Apr 14, 2008
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NEW YORK (Reuters) - The rocky ride for the US stock market may intensify this week if earnings reports from JPMorgan Chase, Merrill Lynch, Citigroup and other large banks and financial services companies rattle investors already concerned about a US...
DATE: Apr 14, 2008
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NEW YORK (Reuters) - General Electric Co.'s (GE) shocking first-quarter earnings miss prompted some analysts and investors to question whether the company needed to break up or at least sell off some poorly performing businesses.
But others said they...
DATE: Apr 14, 2008
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