76441 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — The dollar fell to a record against the euro and dropped to the weakest since 1981 versus the pound on concern deepening credit-market losses will prompt the Federal Reserve to reduce interest rates a third time this year.
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DATE: Nov 05, 2007
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HARTFORD (Bloomberg) — Jurors at the fraud trial of four former General Reinsurance Corp. executives can hear a taped conversation in which a witness said American International Group Inc. will "find ways to cook the books," a US judge ruled.
Prosecu...
DATE: Nov 05, 2007
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TORONTO (Reuters) - Despite steep summer declines and nagging fears over the health of the US economy, analysts say smoking-hot commodity prices may keep Canadian stocks charging ahead as the bull market enters its sixth year.
The Toronto Stock Excha...
DATE: Nov 05, 2007
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Bermudian students could be set to take their first step on the career ladder thanks to an innovative recruitment drive by insurance broker Marsh.
The programme, which is expected to be launched in earnest next year, will aim to get Bermudian student...
DATE: Nov 05, 2007
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Housing blues have yet to dissipate.
Third-quarter GDP growth in the United States was strong, as expected. But this is a look at what happened in the past that is already receding in the rear - view mirror. The forward outlook is of greater import, ...
DATE: Nov 05, 2007
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NEW YORK — Wall Street turned on itself on Friday, as one widely watched analyst said investment banks face $10 billion or more in writedowns this quarter from bad mortgage debt, and another downgraded much of the banking sector on similar fears.
Sha...
DATE: Nov 05, 2007
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Ironshore Inc., a subsidiary of Bermuda based Ironshore Insurance, announced on Friday that Ironshore Holdings (US) Inc., the company's US subsidiary, has completed the acquisition of Stockbridge Insurance Company, a US-based admitted insurance compa...
DATE: Nov 05, 2007
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CONCORD, New Hampshire (Bloomberg) — Three law firms are seeking a record $464 million in legal fees for their work in winning a $3.2 billion securities fraud settlement from Tyco International Ltd. and PricewaterhouseCoopers LLP.
The firms, Grant & ...
DATE: Nov 05, 2007
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OMAHA (Bloomberg) — Billionaire investor Warren Buffett's Berkshire Hathaway Inc. said third-quarter profit surged 64 percent after gains from its investment in PetroChina Co.
Net income increased to $4.55 billion as investment and derivative gains i...
DATE: Nov 05, 2007
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NEW YORK (Reuters) - Charles Prince resigned yesterday as chairman and chief executive of Citigroup Inc, as the bank said it may write off $11 billion of subprime mortgage losses, on top of a $6.5 billion write-down last quarter.
Robert Rubin, the fo...
DATE: Nov 05, 2007
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