49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - Toronto Stock Exchange's main index sank to its lowest level in five years yesterday as an earnings warning from Toronto-Dominion Bank pounded the financials group and the price of crude slid below $50 a barrel.
The heavily-weight...
DATE: Nov 21, 2008
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Ace Ltd. announced yesterday that Sean Ringsted has been appointed chief risk officer for the Ace Group of Companies.
In this role, which will be in addition to his current responsibilities as chief actuary, Mr. Ringsted will be responsible for the c...
DATE: Nov 21, 2008
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LONDON (Reuters) - Britain's recession is likely to last more than a year as growth falls off a cliff despite the Bank of England continuing to hack away at interest rates as inflation comes down, according to a Reuters poll.
The monthly poll, conduc...
DATE: Nov 21, 2008
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Aon Corporation has made a proposal to the US Congress that an insurance risk pool be set up for troubled assets as one of the strategies in dealing with the ever spiralling global financial crisis.
The insurance, reinsurance and risk management serv...
DATE: Nov 21, 2008
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WASHINGTON (AP) — The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed yesterday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the ...
DATE: Nov 21, 2008
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DETROIT (AP) — United Auto Workers president Ron Gettelfinger urged Congress and the Bush administration to act immediately on loans for US automakers, saying one or more of them could collapse by the end of the year without it.
Gettelfinger spoke at...
DATE: Nov 21, 2008
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LONDON (AP) — Mortgage lending in Britain was down 44 percent in October compared to a year ago, further evidence the economic downturn is hurting an already weak property market, the Council of Mortgage Lenders said yesterday.
Gross mortgage lending...
DATE: Nov 21, 2008
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TORONTO (Bloomberg) — Air Canada, the country's biggest airline, and other carriers can't charge disabled or obese people for an extra ticket when they need an additional seat or an attendant to accompany them.
The Supreme Court of Canada yesterday r...
DATE: Nov 21, 2008
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In chilling economic times when many retailers are bracing themselves for a lean Christmas sales season, one Dockyard-based shop is beating the odds and expanding its premises and its offerings.
Grand Bazaar is moving to new location after four years...
DATE: Nov 21, 2008
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Properties available for rent in Bermuda have been on the increase over the past few months, with inventory rising by about 30 percent this year over each of the last two years.
That is according to Susan Thompson, agency manager at Coldwell Banker B...
DATE: Nov 21, 2008
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