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Cash is regaining some of its sparkle. With the Federal Reserve having left short-term rates unchanged on Wednesday — and expected to do so well into the future — many financial planners are recommending that clients put their extra money into short-...

DALLAS (AP) — Michael Dell’s return as chief executive officer of Dell Inc. may have appeased analyst demands for now, but they say he faces an enormous, long-term challenge in fixing nagging problems that have plagued the computer maker.In recent ye...

LONDON (Reuters) — British workers have spent the past month effectively working for nothing — as January earnings have typically been swallowed up servicing debt.February 1, yesterday, is “Debt Freedom Day”, according to Unbiased.co.uk, which promot...

Luxury hotel group Jumeirah would be contractually tied to Bermuda for 20 years with an option to extend their operating contract for the proposed Southlands resort until at least the middle of the century if the scheme is approved and built. The hot...

HOUSTON (AP) — Oil giant Exxon Mobil Corp. yesterday posted the largest annual profit by a US company — $39.5 billion — even as earnings for the last quarter of 2006 declined 4 percent.The 2006 profit topped Exxon Mobil’s own previous record of $36.1...

AMSTERDAM, Netherlands (AP) — Royal Dutch Shell PLC reported a 21 percent gain in fourth-quarter earnings yesterday, buoyed in part by high energy prices and the sale of some operations.Net profit came to $5.28 billion, up from $4.37 billion. But exc...

NEW YORK (AP) — Marsh & McLennan Companies Inc., the world’s biggest insurance broker, said yesterday that it was selling its Putnam Investments division to a Canadian financial services company for $3.9 billion in cash.The buyer is Great-West Lifeco...

Luxury hotel group Jumeirah would be contractually tied to Bermuda for 20 years with an option to extend their operating contract for the proposed Southlands resort until at least the middle of the century if the scheme is approved and built. The hot...

A controversial increase in duty charged on all passengers flying out of the UK could add $79 to an economy Bermuda-London return fare. But it was unclear last night whether British Airways (BA), the only airline to serve the UK-Bermuda route, would ...

Former Appleby Spurling Bailhache partner Jerome Dill is to join post-Katrina start-up reinsurance company Validus Holdings. He will step into his new role with the Bermuda company the day after he officially leaves the law firm after a 21-year spell...