49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - Toronto's main stock index fell 3.8 percent yesterday as a relentlessly gloomy global economic outlook spurred a broad-based sell-off led by energy and financial issues.
While oil prices jumped six percent ahead of the expiration ...
DATE: Jan 21, 2009
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LONDON (Bloomberg) — Burberry Group Plc, Britain's largest publicly traded luxury company, rose the most ever in London trading after saying sales growth unexpectedly picked up and that it plans to axe more than 500 jobs.
The shares jumped as much as...
DATE: Jan 21, 2009
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Bermuda Commercial Bank Ltd. has appointed two new directors to its board. Geomaly Martes and Anthony Cijntje were elected at the bank's Annual General Meeting on January 9.
DATE: Jan 21, 2009
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NEW YORK (Reuters) - Wall Street ushered in the Barack Obama presidency with a record Inauguration Day drop yesterday amid fresh signs the global bank crisis was far from over.
High expectations for details on how the new administration would address...
DATE: Jan 21, 2009
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MURRUMBATEMAN (Reuters) - From a picturesque hill overlooking the hazy distant foothills of Australia's eastern ranges, Bruce March can see a crisis facing the country's A$2.4 billion ($1.6bln) wine export industry with crushing clarity.
March, chief...
DATE: Jan 21, 2009
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LONDON (AP) — The British pound slumped to a seven and a half year low against the dollar yesterday amid fears that Britain's credit rating could be downgraded if the government has to take over ailing banks.
By mid-afternoon London time, the pound w...
DATE: Jan 21, 2009
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LUXEMBOURG (Bloomberg) — Sixteen funds in Luxembourg were forced to suspend redemptions after they made investments with Bernard Madoff, a group representing the nation's investment industry said.
The affected funds, or units of funds, made investmen...
DATE: Jan 21, 2009
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BRUSSELS (Bloomberg) - International Business Machines Corp. (IBM) will face accusations that it is abusing its dominance in mainframe computers to shut out competitors' products in violation of European Union (EU) anti-trust rules.
T3 Technologies I...
DATE: Jan 21, 2009
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TORONTO (Bloomberg) — Canada demanded that General Motors Corp. and Chrysler LLC reduce labour and capital costs at their Canadian units before receiving federal and provincial loans worth C$4 billion ($3.2 billion).
"Labour costs need to be competit...
DATE: Jan 21, 2009
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Utilities and insurance were the busiest sectors on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Belco Holdings Ltd. fell 50 cents (2.94 percent) to close at $16.50, with 1,624 shares traded.
BF&M Ltd., however, climbed 10 cents (0...
DATE: Jan 21, 2009
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