49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — US auto sales this month may fall to their lowest rate in at least 25 years as showroom traffic slows, particularly for General Motors Corp. after its employee pricing deal ended, a Deutsche Bank AG analyst said.
October's seas...
DATE: Oct 15, 2008
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ATLANTA (AP) — Flash memory drives, the size of your thumb, are dirt cheap and offer gigabytes of storage. It's tempting to fill one of them with important computer files, clip it to a key chain and hit the road.
But what if you lose it while fumblin...
DATE: Oct 15, 2008
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NEW YORK (Bloomberg) — Executives in charge of technology spending may have to fire workers, delay projects and push suppliers for better prices as the credit crunch cuts corporate budgets as much as 20 percent, researcher Gartner Inc. said.
Technolo...
DATE: Oct 15, 2008
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XL Capital Ltd. chairman Brian O'Hara said he was forced to sell about 80 percent of his stake in the Bermuda-based insurer to meet margin calls.
"I had pledged those shares as collateral to secure a personal loan used to fund purchases of XL shares ...
DATE: Oct 15, 2008
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Bermuda reinsurer Harbor Point Re has been given a licence to write business through its UK office.
Harbor Point Re UK has been operating as a representative office in Britain since 2006 and will now have authority to underwrite reinsurance in the UK...
DATE: Oct 15, 2008
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NEW YORK (Bloomberg) — A General Motors Corp.-Chrysler LLC combination wouldn't win the support of auto unions in the US and Canada because jobs would be lost, the labour groups' presidents said.
"We have not had any discussions formally with any of ...
DATE: Oct 15, 2008
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Capital G Bank announced yesterday it would drop its Bermuda dollar lending rate by 0.5 percent.
The announcement from Capital G follows cuts to local lending rates last week at both Butterfield Bank — which announced a 50 basis points cut on Wednesd...
DATE: Oct 14, 2008
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HONG KONG (AP) — Hong Kong legislators yesterday accused regulators of failing to monitor banks that sold billions of dollars worth of Lehman Brothers-backed bonds whose value is in doubt after the US investment bank failed.
More than 40,000 Hong Kon...
DATE: Oct 14, 2008
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It is not every day you see a supermarket owner on the shop floor stacking shelves, manning the tills and even sweeping up the front entrance.
But then again Giorgio Zanol, president of the Lindo's Group of Companies, is not your typical supermarket ...
DATE: Oct 14, 2008
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CONCORD, New Hampshire (AP) — A federal judge in New Hampshire has given imprisoned former Tyco International Chief Executive Officer Dennis Kozlowski until today to say why his assets shouldn't be frozen until a lawsuit against him by his former com...
DATE: Oct 14, 2008
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