49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) — British construction and retail stocks took a battering yesterday after a major housebuilder failed to secure extra funding amid a huge drop in business and a leading retailer reported a drop in sales because of slumping consumer spendi...
DATE: Jul 03, 2008
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Ace Europe appointed Ian Fox as development manager for the UK region.
Mr. Fox will be responsible for managing and building Ace's broker relationships across its eight UK regional offices (Birmingham, Glasgow, Leeds, Maidstone, Manchester, Newcastle...
DATE: Jul 03, 2008
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Belco has vowed to push ahead with renewable energy options, driven by rising fuel prices and the desire for sustainability.
"We believe that renewable energy must be a part of our future and as fuel prices increase, along with concerns about climate...
DATE: Jul 03, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index plunged more than 400 points in a broad sell-off yesterday as economic sentiment darkened and coal companies saw their shares plunge alongside the price of the commodity.
After jumping some ...
DATE: Jul 03, 2008
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NEW YORK (Bloomberg) — General Motors Corp. shares fell to their lowest level since 1954 after a Merrill Lynch & Co. analyst said the automaker may need to raise as much as $15 billion and faced the possibility of bankruptcy.
The "dramatic drop-off" ...
DATE: Jul 03, 2008
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LONDON (Reuters) - US Treasury Secretary Henry Paulson said yesterday that the United States must strengthen its process for regulators to unwind failing investment banks without threatening the stability of the financial system.
Adding some flesh to...
DATE: Jul 03, 2008
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It was a day of mixed fortunes for the utilities sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with Belco Holdings Ltd. advancing 50 cents (2.38 percent) and Watlington Waterworks Ltd. falling $1 (7.14 percent).
Belco ende...
DATE: Jul 03, 2008
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MINNEAPOLIS (AP) — UnitedHealth Group Inc. cleared its decks of bad news yesterday, announcing a lower profit outlook, a restructuring that will trim 4,000 jobs and a $900 million payout to settle a class-action lawsuit over options backdating.
Unite...
DATE: Jul 03, 2008
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NEW YORK (AP) - Wall Street resumed its sell-off yesterday after oil hit a new record and a bearish analyst report renewed concerns that General Motors Corp. (GM) could run out of cash.
The stock market's pullback, which accelerated in the final hour...
DATE: Jul 03, 2008
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Reinsurance companies may have a harder time recapitalising than they have done in the past, if the industry has to pay out heavily for a major catastrophe this year.
That was one of the conclusions of a report by global brokers Willis Group, which s...
DATE: Jul 02, 2008
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AUTHOR:
Jonathan Kent
