49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange's main index finished lower for a third straight session yesterday with energy shares sliding as talk about a possible takeover of Nexen Inc. fizzled out.
Nexen, whose shares rallied on Tuesday on talk t...
DATE: Dec 04, 2008
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LONDON (AP) — Shares in Stagecoach Group PLC dropped 16.5 percent yesterday after the UK-based transport company said it expects rail revenue to fall next year amid the deepening economic downturn.
Shares fell 16.5 percent to close at 143.2 pence ($2...
DATE: Dec 04, 2008
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DETROIT (Reuters) - United Auto Workers President Ron Gettelfinger said yesterday the union would surrender job security protections and delay payments into a retiree healthcare trust to help US automakers clinch government aid to survive a sales dow...
DATE: Dec 04, 2008
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TOKYO (AP) — Toyota Motor Corp. said yesterday it will suspend production of some vehicles in Japan for two days later this month to reduce output to grapple with slowing global demand.
Toyota will halt production of Lexus luxury models at the Tahara...
DATE: Dec 04, 2008
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NEW YORK (Bloomberg) — Commercial mortgage delinquencies rose in November and will climb more as the economy slows and unemployment grows, according to Barclays Plc.
Payments more than 60 days late on commercial real estate loans that were bundled to...
DATE: Dec 04, 2008
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LONDON (Bloomberg) — British Airways Plc, Europe's third- largest airline, said traffic fell 5.9 percent in November as the credit crisis and economic slowdown hurt business travel.
Traffic, or passengers carried multiplied by the distance flown, dec...
DATE: Dec 04, 2008
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Island Cement has stepped up its bid to win the contract for the Dockyard Cement Facility, The Royal Gazette can exclusively reveal.
Current leaseholder Maxcem's six-month deal expires at the end of this month and Island Cement has put in an applicat...
DATE: Dec 04, 2008
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The banking sector was the hardest hit on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than two banks or financial institutions seeing their share price fall.
Butterfield Bank dropped 10 cents (0.9 percent) to $11, wi...
DATE: Dec 04, 2008
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LONDON (Reuters) - The United Kingdom is likely to roll over its ban on short-selling financial stocks when the current rules run out in January, the Alternative Investment Management Association's deputy chief executive (AIMA) told Reuters. Andrew B...
DATE: Dec 04, 2008
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SCOTTSDALE (Bloomberg) — Bermuda-based Tyco Electronics Ltd., the world's largest maker of electronic connectors, is combining two of its connector businesses a year ahead of schedule to help trim manufacturing costs amid softening demand. The combin...
DATE: Dec 04, 2008
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