76472 results returned for search: "" category "Business"
HONG KONG (Bloomberg) — HSBC Holdings Plc's Hong Kong unit cut its best lending rate for the first time in two years to spur borrowing because the banking system is awash with funds.The world's third-biggest bank by market value cut its best lending ...
DATE: Nov 07, 2006
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BTC yesterday announced it is launching a new high speed phone line that will speed up delivery of Internet and e-mail to home users.
But the Bermuda Computer Society warned that users will also have to contact their Internet Service Providers to upg...
DATE: Nov 07, 2006
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PARIS (Bloomberg) — Axa SA, Europe’s second-biggest insurer, may post an increase in its third-quarter revenue on higher sales of life and savings products in France and the US and on increased fees from asset management.Revenue probably climbed to 1...
DATE: Nov 07, 2006
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SHANGHAI (Bloomberg) — American International Group Inc., the world’s largest insurer, said it plans to sell life products in four more cities in China next year, tapping into the rising wealth of the country.“As the economy continues to improve, mor...
DATE: Nov 07, 2006
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TORONTO (Bloomberg) — Four Seasons Hotels Inc., the manager of 74 luxury properties, received a $3.7 billion bid to be taken private by its chief executive officer, Microsoft Corp. chairman Bill Gates and Prince Alwaleed Bin Talal.Gates’ Cascade Inve...
DATE: Nov 07, 2006
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TORONTO (Bloomberg) — Canadian stocks rose on optimism that takeovers will increase as investors including Microsoft Corp. Chairman Bill Gates offered to take Four Seasons Hotels Inc. private and Kinross Gold Corp. agreed to buy Bema Gold Corp.Income...
DATE: Nov 07, 2006
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The world seems awash in risk: Nuclear rumblings in North Korea, bloodshed in Iraq, bird-flu scares, terrorism, hurricanes, corporate scandals, political uncertainty and more. But one barometer of risk — the price of insurance — indicates that many f...
DATE: Nov 07, 2006
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ST. PAUL, Minnesota ? St. Paul Travelers Cos. Inc. has agreed to adopt ?certain corporate governance measures? to settle a consolidated derivative lawsuit over alleged improper business practices, the insurer said in a Securities and Exchange Commiss...
DATE: Nov 07, 2006
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At the racetrack, everybody dreams of putting money on a long-shot horse and winning big.
Investors harbour similar dreams, but most who speculate in stocks would have better luck betting on a sorry-looking nag.
When a stock seems down and out, there...
DATE: Nov 06, 2006
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NEW YORK (Bloomberg) — When Penn National Gaming Inc. couldn’t get enough property insurance after Hurricane Katrina wrecked two of its Mississippi casinos, the company turned to Warren Buffett’s Berkshire Hathaway Inc. and wound up with quadruple th...
DATE: Nov 06, 2006
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