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WASHINGTON (Reuters) — President George W. Bush will ask Congress for an extra $9 billion for the Energy Department to make loan guarantees for refineries that produce cellulosic ethanol, new nuclear power plants and electric generating plants that r...

A day after falling seven percent Belco shares rebounded by 7.5 percent on the Royal Gazette/Bermuda Stock Exchange yesterday, improving in value by $1.75 after 1,000 shares were traded on another quiet day for the Exchange. Belco moved up to $25.00 ...

DETROIT (Reuters) — Toyota Motor Corp. posted a rise in January US auto sales yesterday, claiming the No. 2 spot in the world’s largest market for cars and trucks, as sales by rival Ford Motor Co fell sharply.Top carmaker General Motors Corp. , meanw...

LONDON(Reuters) - European shares hit their highest closing levels in six years on Thursday, driven by upbeat results from companies including Royal Dutch Shell and AXA, but ended below intra-day highs.The UK’s FTSE 100 index outperformed major natio...

Catastrophe modelling company AIR Worldwide has announced that its current president and chief executive officer Karen Clark will step down and assume the role of vice-chairman of the board of AIR, from April 15. S. Ming Lee, currently the company?s ...

NEW YORK (Reuters) — Strong revenue growth for web search leader Google Inc. prompted analysts to raise share price targets for the company yesterday, but investors failed to take the cue, sending the stock down 3 percent.Google reported on Wednesday...

LONDON (Reuters) — Plastic card spending over Christmas hit a record high in Britain last year, with 250 transactions taking place every second.Spending on credit and debit cards reached a record $31 billion over the festive period, according to figu...

WASHINGTON (AP) — People once again spent everything they made and then some last year, pushing the personal savings rate to the lowest level since the Great Depression more than seven decades ago.The Commerce Department reported yesterday that the s...

LONDON (Reuters) — The number of corporate profit warnings in Britain rose to 51 in January from 39 over the same period last year, accountancy firm Ernst & Young said yesterday.Corporate insolvencies also rose by more than the 11 percent reported ov...

Catastrophe modelling company AIR Worldwide has announced that its current president and chief executive officer Karen Clark will step down and assume the role of vice-chairman of the board of AIR, from April 15. S. Ming Lee, currently the company’s ...