49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — UK retail sales unexpectedly fell in November for the first time in six months as the recession prompted consumers to spend less at clothing and department stores in the approach to Christmas.
Sales dropped 0.3 percent on the mon...
DATE: Dec 18, 2009
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LONDON (Reuters) - Britain's financial industry was fined a record £34.8 million ($57 million) this year for fraud, market abuse and poor systems and controls, heralding an era of heavier curbs on a sector that sparked the credit crisis.
The Financia...
DATE: Dec 18, 2009
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WASHINGTON (Reuters) - Former Federal Reserve chairman Alan Greenspan yesterday backed a call for creation of a bipartisan commission to make the tough calls needed to cut the record federal deficit.
In testimony prepared for delivery before the Sena...
DATE: Dec 18, 2009
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LONDON (AP) — Scottish airline Flyglobespan is filing for bankruptcy and its fights have been grounded, administrators appointed to help salvage the company announced yesterday.
Some 5,000 passengers due to fly abroad with the airline in coming days ...
DATE: Dec 18, 2009
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bermudaREcruit Ltd. has made three staff redundant as companies cut back on hiring due the economic crisis, The Royal Gazette has learned.
The decision was made in October after much deliberation and the company will continue to operate with a smalle...
DATE: Dec 18, 2009
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WASHINGTON (Bloomberg) — The US is working to sell its investments in American International Group Inc., Citigroup Inc. and the bailed-out auto companies "as soon as practicable", the head of the Treasury's financial-rescue office said.
Assistant Sec...
DATE: Dec 18, 2009
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NEW YORK (Bloomberg) — In a year when investors pulled an estimated $118 billion from hedge funds through November, Paul Tudor Jones was one of at least six managers who decided it was time to turn away cash.
BVI Global Fund Ltd., Jones' biggest, sto...
DATE: Dec 18, 2009
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Bermuda's retailers have become better businesses as they pull out all the stops to try to attract the Island's increasingly cautious shoppers.
That is the view of Kristi Grayston, chairwoman of the Retail Division of the Bermuda Chamber of Commerce,...
DATE: Dec 18, 2009
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AUTHOR:
Jonathan Kent
WASHINGTON (Bloomberg) — The US Federal Trade Commission accused Intel Corp., the world's largest computer-chip maker, of illegally using its dominant market position for a decade "to stifle competition and strengthen its monopoly".
The complaint, wh...
DATE: Dec 17, 2009
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SAN MARINO (AP) — The tiny mountaintop republic of San Marino long served as a tax haven for Italians. Now it is watching helplessly as its neighbour's hard line on undeclared funds drains it of billions in capital.
In all, 1.25 billion euros ($1.87 ...
DATE: Dec 17, 2009
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