49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) — The Bank of England said yesterday it considered an even bigger rate cut than the 1.5 percentage point trim to a 53-year low of 3 percent it made earlier this month — catching markets offguard — to counter a sharp deterioration in the e...
DATE: Nov 20, 2008
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LONDON (AP) — Prime Minister Gordon Brown said yesterday that further measures may be needed to encourage banks to resume a normal flow of credit to small British businesses and homeowners.
Brown came under pressure yesterday from opposition lawmaker...
DATE: Nov 20, 2008
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TORONTO (Reuters) - Toronto Stock Exchange's main index sank to its lowest level in four years yesterday in a broad sell-off led by key resource and financials issues on gloomy news from the banking sector.
Financials, which comprise about one third ...
DATE: Nov 20, 2008
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LONDON (Bloomberg) - Bermuda-based Frontline Ltd., the world's largest operator of supertankers, may divert vessels away from Somalia after pirates captured a Saudi Arabian oil tanker and insurance costs advanced.
The Sirius Star, the largest merchan...
DATE: Nov 19, 2008
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The Royal Gazette/Bermuda Stock Exchange closed unchanged at 3,577 yesterday after a very quiet day which saw only two stocks active.
In the utilities sector, 3,600 shares of KeyTech were traded but the stock closed flat on the previous day at $10.
T...
DATE: Nov 19, 2008
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A new report from the Pew Internet & American Life Project indicates that many of us are technological gimps when it comes to using all the gadgets we are buying.
Seen another way the survey also indicates that the growing complexity of the technolog...
DATE: Nov 19, 2008
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Bermuda's major US-listed insurers expect to pay out a combined total of more than $3 billion in claims for hurricanes Gustav and Ike alone.
And combined with investment losses emanating from the ongoing turmoil on the world markets, that made for a ...
DATE: Nov 19, 2008
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AUTHOR:
Jonathan Kent
SAN FRANCISCO (AP) — Yahoo Inc. shares shot up 11 percent yesterday as investors took the resignation of CEO Jerry Yang to mean Microsoft Corp. is more likely to make another bid for the ailing Internet company.
Yang's emotional attachment to the com...
DATE: Nov 19, 2008
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TORONTO (Bloomberg) — Canadian stocks rose for the first time in three days, led by Research In Motion Ltd., as better- than-estimated results from Hewlett-Packard Co. signalled that some technology company earnings may withstand a recession.
Researc...
DATE: Nov 19, 2008
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WASHINGTON (AP) — US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke waged a stout defence of their management of a $700 billion financial bailout yesterday, just one week after the administration abandoned the original str...
DATE: Nov 19, 2008
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