49296 results returned for search: "" category ("Other" AND "Business")
BERLIN (AP) — Insurers' losses from natural disasters rose by about 50 percent in 2008, with Caribbean hurricanes Ike and Gustav powering the increase and climate change increasingly a factor, a leading reinsurer said yesterday.
Munich Re AG said in ...
DATE: Dec 31, 2008
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SAN FRANCISCO (Bloomberg) - Google Inc., owner of the world's most-used search engine, is giving employees mobile phones instead of cash gifts this year as it reins in costs during the recession, according to a person familiar with the matter.
About ...
DATE: Dec 31, 2008
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NEW YORK (Bloomberg) — GMAC LLC, bolstered by a $6 billion federal bailout, resumed lending to General Motors Corp. customers with lower credit scores as the US stepped up efforts to keep the automaker in business.
The US Treasury said it will take a...
DATE: Dec 31, 2008
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WASHINGTON (AP) — Federal regulators officially rejected a banking industry push to suspend accounting rules that force banks to value assets on their balance sheets at current market prices even if they plan to hold them for years.
The Securities an...
DATE: Dec 31, 2008
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Bermuda-based Enstar Group Ltd. yesterday announced that its subsidiary Royston Run-Off Limited had completed the acquisition of Unionamerica Holdings Ltd. for $341.3 million.
The Enstar Group specialises in buying insurance operations that are distr...
DATE: Dec 31, 2008
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Bermuda Press (Holdings) Ltd. boosted its share price by 18.18 percent ($2) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Gazette's parent company saw its share value close at $13, with 2,800 shares traded.
Belco Holdings Ltd...
DATE: Dec 31, 2008
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CHICAGO (Bloomberg) — Sidley Austin lawyers are asking as much as $1,100 an hour for bankruptcy work on Tribune Co., surpassing the rates charged by Weil, Gotshal & Manges in the Lehman Brothers Holdings Inc. case, the largest in history.
Tribune, th...
DATE: Dec 31, 2008
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Commercial insurance rates are set to climb by late next year, heralding that start of a longer-than-average hard market, according to insurance industry experts Advisen.
That analysis, published in an Advisen report entitled 'The Hard Market is Comi...
DATE: Dec 31, 2008
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AUTHOR:
Jonathan Kent
TORONTO (Bloomberg) - Canadian stocks rose for a second day, helping the main index rise to the highest in a month, after the US provided $6 billion to General Motors Corp.'s (GM) finance unit, increasing efforts to keep the carmaker solvent.
Bank of...
DATE: Dec 31, 2008
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LONDON (Reuters) - Britons injected more equity into the housing market in the third quarter of this year than at any time since records began in 1970, Bank of England figures showed yesterday.
The figures highlight the extent to which credit is bein...
DATE: Dec 30, 2008
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