49296 results returned for search: "" category ("Other" AND "Business")
DUBAI, United Arab Emirates (AP) — Dubai's ruler looked to calm panicky investors yesterday with a message that all was well in the glitzy city-state after the largest government-owned company shook global markets by saying it needed to delay payment...
DATE: Dec 02, 2009
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Many Bermuda companies are facing the prospect of changing the way they report their financial results, as regulators seek to move towards a global accounting standard.
The Island's publicly listed companies will have to adopt International Financial...
DATE: Dec 02, 2009
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AUTHOR:
Jonathan Kent
DETROIT (Reuters) - General Motors Co's board of directors fired chief executive Fritz Henderson yesterday, saying it wanted to chart a new course as the top US automaker pushes ahead with its restructuring.
GM chairman Ed Whitacre will become interi...
DATE: Dec 02, 2009
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NEW YORK (AP) — Electronics sellers and online merchants thrived in November, particularly the start of the holiday shopping season, but clothing and luxury merchants struggled, according to estimates to be released today.
Those results, combined wit...
DATE: Dec 02, 2009
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NEW YORK (Reuters) — Bermuda-based bond insurer Assured Guaranty Ltd. said it will cut as much as 20 percent of its workforce by March and expects to free up about $1 billion in capital over the next three to five years as it winds down a structured ...
DATE: Dec 02, 2009
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Butterfield Bank's common shares fell 10 cents, or 2.56 percent, to $3.80 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 104,200 shares during the day.
The only other trader was Bermuda Container Line Ltd., which saw 2,100 shares chan...
DATE: Dec 02, 2009
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SAN FRANCISCO (AP) - Michael Jackson's stunning death made him the Internet's biggest star this year.
The quest to find out what happened to Jackson in his final hours on June 25 and celebrate his legacy elevated the late entertainer to the top of th...
DATE: Dec 02, 2009
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PHILADELPHIA (AP) - General Electric Co.'s (GE) agreement to buy out the rest of NBC Universal from French media conglomerate Vivendi SA paves the way for it to sell control of the TV and movie company to Comcast Corp. in a deal that promises to resh...
DATE: Dec 02, 2009
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HYDERABAD, India (AP) — Newspaper executives and editors gathered in India from around the world yesterday heard calls to seek more payment for their content on the Internet as they decried their industry's sharply falling advertising revenues.
"This...
DATE: Dec 02, 2009
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LONDON - Britain's top shares ended 2.3 percent higher and posted their biggest daily gain in four-and-a-half months, with banks and commodity shares rising as worries over Dubai's debt problems faded. The FTSE 100 closed at 5,312.17 points, up 121.4...
DATE: Dec 02, 2009
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