49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Bloomberg) — Canadian stocks fell as a retreat in gold stocks and metals prices overshadowed an increase in Canadian building permits and speculation that US interest rates will remain at a record low.
Goldcorp Inc., Canada's second-largest ...
DATE: Dec 08, 2009
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DUBAI (Reuters) – Dubai has ring-fenced prized assets such as Emirates airline from the $26 billion debt restructuring of Dubai World, denting fragile investor sentiment ahead of talks between the state conglomerate and key creditors.
The firm that s...
DATE: Dec 08, 2009
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LONDON (AP) — Cadbury PLC said Monday it plans to publish its formal response to a £9.8 billion ($16.3 billion) hostile takeover offer from Kraft Foods Inc. on December 14.
Kraft, the maker of Oreo cookies, Nabisco crackers and its namesake cheese, t...
DATE: Dec 08, 2009
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NEW YORK (Bloomberg) - The liquidator for Bernard Madoff's business told a judge he discovered two investment funds in Ireland that directed money to the fraud and received more than $380 million in fake profit.
Trustee Irving Picard, hired to track ...
DATE: Dec 07, 2009
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NEW YORK (Bloomberg) — The dollar posted its biggest gain since February 1999 against the yen as a better-than-forecast non-farm payrolls report encouraged traders to boost bets on Federal Reserve interest rate increases.
The yen fell this week again...
DATE: Dec 07, 2009
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CALGARY, Alberta (Reuters) - Baytex Energy Trust's surprise distribution hike won't be matched by most Canadian energy trusts, as they ready their balance sheets for pending corporate conversions and cope with depressed natural gas prices.
Baytex del...
DATE: Dec 07, 2009
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NEW YORK (Reuters) - AIG is soliciting bids for International Lease Finance Corp after a group led by the unit's chief offered to buy a small portion of the aircraft lessor's fleet, according to sources familiar with the matter.
American Internationa...
DATE: Dec 07, 2009
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Shopping in Bermuda can be cheaper than bringing in goods from overseas — and the Gibbons Company Ltd. has the figures to prove it.
The price comparison, which was drawn up by Gibbons CEO Paula Clarke to show the value of buying items on Island, reve...
DATE: Dec 07, 2009
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NEW YORK (Bloomberg) - Primus Guaranty Ltd., the Bermuda-based company that sold banks credit-default swaps protecting almost $20 billion of debt, may have to pay $35 million on contracts that insured against a default by Financial Guaranty Insurance...
DATE: Dec 07, 2009
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Seven companies saw trading action on the Bermuda Stock Exchange (BSX) last week, but only two changed value.
Ascendant Group Ltd., owner of power company Belco, climbed 25 cents, or 1.7 percent, to close on $15.25 on the trading of 500 shares.
Bermu...
DATE: Dec 07, 2009
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