49296 results returned for search: "" category ("Other" AND "Business")
American International Group's share price fell by a record 19 percent yesterday - the US insurer's biggest plunge in its 39-year history as a public company.
The $4.39 fall to $18.37 on the New York Stock Exchange came after doubts were raised abou...
DATE: Sep 10, 2008
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LONDON (AP) — The London Stock Exchange Group PLC said yesterday that a software glitch — and not high trading volumes — was to blame for a seven-hour shutdown that angered customers on one of the busiest days of the year on world equity markets.
The...
DATE: Sep 10, 2008
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British Airways (BA) has followed up on the success of last year's 70th anniversary autumn seat sale with its latest sale starting this month at just under $500 for a round trip.
The airline's 71st anniversary sale for travel originating in Bermuda t...
DATE: Sep 10, 2008
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NEW YORK (AP) — Lehman Brothers Holdings Inc. shares plunged to their lowest level in more than a decade amid investor concerns yesterday that the battered investment bank is running out of options to raise capital.
Investors, anxious about the possi...
DATE: Sep 10, 2008
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LONDON (AP) — British natural gas producer BG Group PLC yesterday abandoned its hostile takeover bid for Origin Energy Ltd., Australia's second-largest power retailer.
BG Group, Britain's third-largest oil and gas company, conceded defeat after Origi...
DATE: Sep 10, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index plunged more than 3 percent yesterday, weighed down by falling commodity prices and closing in on January's 2008 low.
The heavyweight materials and energy sectors led the way down. Oil price...
DATE: Sep 10, 2008
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NEW YORK (AP) — Oil prices slipped below $104 a barrel yesterday for the first time since early April as traders bet that Hurricane Ike would miss critical Gulf Coast oil installations. And in Vienna, Opec's president signalled the cartel wouldn't cu...
DATE: Sep 10, 2008
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SAN FRANCISCO (AP) - Apple Inc. CEO Steve Jobs took the wraps off a revamped line of iPods yesterday and trumpeted a truce with NBC Universal that means the TV network will begin selling programs again on iTunes.
The product announcements were largel...
DATE: Sep 10, 2008
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SHANGHAI (Bloomberg) - Google Inc., the owner of the world's most-used Internet search engine, halved the length of time it keeps users' records to assuage privacy concerns.
Google will keep search data for nine months instead of the minimum 18-month...
DATE: Sep 10, 2008
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LONDON (Bloomberg) - Omega Insurance Holdings Ltd., a Lloyd's of London insurer, said first-half profit rose 34 percent, boosted by its Omega Specialty division.
Net income climbed to $21.8 million, or 14 cents a share, from $16.3 million, or 11 cen...
DATE: Sep 10, 2008
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