49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Bloomberg) - The Federal Reserve left its benchmark interest rate at two percent, ending the most aggressive series of rate cuts in two decades, as higher energy costs threaten to boost inflation.
"Although downside risks to growth remain...
DATE: Jun 26, 2008
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LONDON (Reuters) - Forced asset sales that have frozen major markets in the credit crisis have caused barely a ripple in the $22 billion catastrophe bond market this year and instead only enhanced its liquidity.
Goldman Sachs estimates secondary trad...
DATE: Jun 26, 2008
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Real estate investor Fabian Ltd. is fast proving that the East is the place to be after starting eight new projects in Romania while making four new investments worth a net equity of €19.8 million during last year, and a due to a limited impact from ...
DATE: Jun 26, 2008
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NEW YORK (Bloomberg) - Billionaire investor Warren Buffett says he's concerned about "stagflation", or slowing in the US economy while inflation accelerates.
"We're right in the middle of it right now," said Mr. Buffett, chairman of Omaha, Nebraska-b...
DATE: Jun 26, 2008
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NEW YORK (Bloomberg) - American Express Co., the biggest US credit-card company by purchases and cash advances, said customers are falling further behind on their debt, signaling the economy is worsening.
"Business conditions continue to weaken in th...
DATE: Jun 26, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index finished slightly higher yesterday as a drop in resource issues was offset by optimism that the US Federal Reserve would hold off on raising interest rates.
The heavyweight energy sector led...
DATE: Jun 26, 2008
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SAO PAULO, BRAZIL (Bloomberg) - Agrenco Ltd., which last week had three executives arrested by Brazilian police for possible money laundering, plans to raise up to $65 million in a private placement of shares. The agriculture and biofuels company pla...
DATE: Jun 26, 2008
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The Bermuda Monetary Authority (BMA) reported growth and increased revenue in 2007 and noted that Bermuda had had little fall-out from the US sub-prime crisis.
In its annual report the BMA stated that the number of business incorporated on the Islan...
DATE: Jun 26, 2008
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After a number of years working as an executive assistant, Linda Atwood decided to turn her love of dogs into a profession.
Last month she opened Kristi's Cuts, a dog grooming service, on North Shore.
Ms Atwood said she has always loved dogs and deci...
DATE: Jun 26, 2008
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LONDON (Bloomberg) - Frontline Ltd., the oil-tanker company whose chairman is Norwegian billionaire John Fredriksen, bought five, one-million barrel crude carriers for $240 million in total to become the world's largest owner of such vessels.
The shi...
DATE: Jun 26, 2008
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