76402 results returned for search: "" category "Business"
DALLAS (AP) - American Airlines cancelled more than 900 flights yesterday to fix faulty wiring in hundreds of jets, marking the third straight day of mass groundings as company executives offered profuse apologies and travel vouchers to calm angry cu...
DATE: Apr 11, 2008
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TORONTO - Canadian stocks rose, erasing their loss for this year, as near-record oil prices boosted energy companies such as Niko Resources Ltd. and Petrobank Energy and Resources Ltd.
The Standard & Poor's/TSX Composite Index rose 1.2 percent to clo...
DATE: Apr 11, 2008
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Reinsurer Paris Re Holdings Ltd. said it will transfer its operations in Bermuda to its Swiss unit Paris Re Switzerland AG.
The company said the move, expected to be effective in the second half of the year, will significantly enhance the financial c...
DATE: Apr 11, 2008
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Government is targeting those least affected by the economic downturn in the US in a bid to protect Bermuda's tourism industry from the fallout.
That is according to a Department of Tourism (DoT) spokesperson, who also said Government was aiming for ...
DATE: Apr 11, 2008
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BRUSSELS, Belgium (Bloomberg) - Ingersoll-Rand Co., the world's largest maker of truck-refrigeration units, secured European antitrust approval of its proposed $9.95 billion acquisition of Trane Inc.
The European Commission, the 27-nation European Un...
DATE: Apr 11, 2008
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NEW YORK (Reuters) - Yahoo Inc may have played its top two cards by pulling out possible deals with AOL and Google, but it does not seem to have changed Wall Street's view that Microsoft will eventually win the take-over battle.
Yahoo announced yeste...
DATE: Apr 11, 2008
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WASHINGTON (Bloomberg) - Tyco International Ltd., the world's biggest maker of security and fire systems, will close a plant in Puerto Rico and fire 600 employees in order to move the operations to a lower-cost area.
The Aguadilla plant will shut in ...
DATE: Apr 11, 2008
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LONDON (Reuters) - The Bank of England cut interest rates for the third time in five months yesterday to cushion the economy from the global credit squeeze, despite persistent worries about rising inflation.
The central bank said the quarter-percenta...
DATE: Apr 11, 2008
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Commercial lines insurance premiums experienced the largest quarterly drop since 2005, during the first quarter of 2008, according to the RIMS Benchmark Survey, an industry survey of policy renewal prices as reported by corporate risk managers.
Undet...
DATE: Apr 10, 2008
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NEW YORK (AP) — The upward trend in energy prices showed no sign of abating yesterday as gasoline set yet another record at the pump and crude oil topped $112 a barrel for the first time in the futures market.
The national average price of a gallon o...
DATE: Apr 10, 2008
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