49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) - AOL LLC, an Internet company struggling to adapt to an advertising-driven economy, is looking to shed as much as 36 percent of its work force as it prepares to spin-off from Time Warner Inc. next month.
Major job cuts had been expecte...
DATE: Nov 20, 2009
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LONDON (AP) — SABMiller PLC, the world's second-largest brewer, yesterday reported a 32 percent drop in net profit as revenues were hit hard by unfavourable currency movements and lager volumes declined.
For the six months ending September 30, the br...
DATE: Nov 20, 2009
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LONDON - Britain's top share index fell 1.4 percent as sagging commodity prices dented miners and energy stocks, while reduced risk appetite hurt banks. The FTSE 100 closed at 5,267.7 points, down 74.43 or 1.39 percent.
@MARKET ROUNDUP:EUROFIRST
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DATE: Nov 20, 2009
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NEW YORK (AP) - Signs of a subdued economic recovery sent investors out of stocks yesterday and in search of safer assets like the dollar.
Major indexes tumbled about one percent, including the Dow Jones industrial average, which lost 94 points but e...
DATE: Nov 20, 2009
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A total of 75 up-and-coming entrepreneurs, students and members of the community were on show at the final presentations of Global Entrepreneurship Week (GEW).
The three-and-a-half hour event, which was held at XL Corporation on Tuesday with title sp...
DATE: Nov 20, 2009
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CHICAGO (AP) — Shoppers spent more money at low-price Old Navy stores in the third quarter, helping Gap Inc.'s profit climb 25 percent compared with last year, the retailer said yesterday.
Sales in Old Navy stores open at least a year rose 10 percent...
DATE: Nov 20, 2009
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Former Lines Overseas Management president Brian Lines has lost an attempt to avoid giving the US Securities and Exchange Commission (SEC) a tape-recording of a telephone conversation he had nearly seven years ago with SEC attorneys who were looking ...
DATE: Nov 20, 2009
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ZARAGOZA (Reuters) - US carmaker General Motors (GM) will present a new viability plan for Opel in mid-December as it aims to reduce capacity across Europe by about 20 percent, a top executive said yesterday.
GM this month reversed a decision to sell...
DATE: Nov 20, 2009
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LUXEMBOURG (Bloomberg) - HSBC Holdings plc.'s Luxembourg unit should compensate investors only if a local court finds the bank breached its custodial duties over a fund that placed assets with Bernard Madoff, the country's financial regulator said.
T...
DATE: Nov 20, 2009
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Insurance proved to be the busiest sector on the Bermuda Stock Exchange (BSX) yesterday.
BF&M Ltd. rose 75 cents (five percent) to $15.80, with 6,500 shares traded, while Argus Group Holdings Ltd. slipped 90 cents (9.5 percent) to $8.60, as 1,000 sha...
DATE: Nov 20, 2009
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