76463 results returned for search: "" category "Business"
LONDON - Britain's leading share index rose, boosted by a jump on British Airways on the back of mixed traffic numbers but volumes were thinned by closure in US markets for holiday.
The FTSE closed 33.3 points or 0.5 percent higher at 6,673.1.ROUNDUP...
DATE: Jul 05, 2007
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TOKYO/DETROIT (Reuters) — General Motors Corp. posted a steeper-than-expected 24 percent drop in US sales in June as local automakers lost share to Toyota Motor Corp. and other Japanese brands, and demand sputtered overall in the face of high gas pri...
DATE: Jul 05, 2007
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LOS ANGELES (Reuters) — US private equity firm Blackstone Group has agreed to buy Hilton Hotels Corp. for about $20 billion plus debt, the richest in a series of recent private equity offers for hotel companies.Under terms of deal, Blackstone will pa...
DATE: Jul 05, 2007
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Inflation has touched a 16-year high in Bermuda, driven by higher oil and energy prices and more expensive hotel room rates overseas biting into the pockets of Island residents.
The monthly inflation rate leapt 1.4 percent between April and May, putt...
DATE: Jul 05, 2007
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AUTHOR:
Scott Neil
TORONTO (Bloomberg) — Canadian telephone and materials stocks including Telus advanced for a second day after take-over speculation was fanned by the acquisitions in the past week of BCE and Aur Resources."The driving force in the market is still M&A...
DATE: Jul 05, 2007
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LONDON (Bloomberg) — Cereal, oilseed and sugar prices will stay close to current levels over the next decade because of surging demand from biofuel producers, the Organisation for Economic Co-operation and a United Nations agency said.Ethanol product...
DATE: Jul 05, 2007
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GENEVA (Reuters) — Coca-Cola Co. is evaluating whether to make a bid for Snapple, the iced tea division owned by Cadbury Schweppes Plc, as part of Coke's push into tea-based drinks, Coke chief executive Neville Isdell told Reuters."That is a valuatio...
DATE: Jul 05, 2007
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The Bermuda Department of Civil Aviation (BDCA) plans to set up regional offices in countries such as Russia and Singapore in order to enlist the necessary technical staff to oversee the industry.
According to Premier Ewart Brown, the news comes afte...
DATE: Jul 05, 2007
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A report on the reinsurance industry's July 1 contract renewals by global insurance broker Willis Group Holdings shows that rates are generally in steep decline.
A combination of factors, including an abundance of capital after a benign 2006 and incr...
DATE: Jul 05, 2007
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AUTHOR:
Jonathan Kent
A new convenience shop has opened at a prime spot in St. George's right next to the main bus stop on Duke of York Street.
It is quickly establishing itself as a rival to the Liquor Store opposite, selling many of the same snack and food items, but no...
DATE: Jul 05, 2007
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AUTHOR:
Scott Neil
