49296 results returned for search: "" category ("Other" AND "Business")
Ace Ltd. will become a Swiss company, provided shareholders back the plan next month at what is likely to be the insurance giant's last annual general meeting to be held in Bermuda.
Chairman and chief executive officer Evan Greenberg said that the co...
DATE: Jun 06, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Prime central London house prices are falling at the fastest rate since the early 1990s, data shows.
They went down 1.5 percent in May - the fastest rate of decline since the house price crash of the early 90s, according to estate ...
DATE: Jun 06, 2008
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GREENSBORO, NORTH CAROLINA (Bloomberg) - Rising gasoline prices are fueling a rally in shares of Wal-Mart Stores Inc., the world's largest retailer.
The average US pump price for regular gasoline climbed to a record $3.976 a gallon last week, accordi...
DATE: Jun 06, 2008
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BEIJING (Reuters) - As China's neighbours succumb to soaring oil markets and cut back expensive fuel subsidies, Beijing is stubbornly refusing to let pump prices rise, driving some service stations to hike prices illegally or simply shut down.
The em...
DATE: Jun 06, 2008
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NEW YORK (Reuters) - US stocks rose the most in more than a month yesterday after Wal-Mart and other retailers posted stronger-than-expected May sales and data showed a surprising fall in weekly jobless claims, spurring optimism about the economy's h...
DATE: Jun 06, 2008
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LONDON (Bloomberg) — British Airways Plc said the transfer of long-haul flights to a fifth terminal at London's Heathrow airport went smoothly, avoiding the chaos that blighted the building's opening in March.
The 15 daily departures and 15 arrivals ...
DATE: Jun 06, 2008
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MILAN, Italy (AP) — Telecom Italia will cut 5,000 jobs by 2010, mostly through the combination of its fixed and mobile units, chief executive Franco Bernabe said in an interview published yesterday.
The cuts at Europe's fifth-largest telecommunicatio...
DATE: Jun 06, 2008
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LONDON (Reuters) - An interest rate war in the savings market heated up yesterday as Halifax unveiled a no-strings savings account paying 10 percent.
Its new "regular saver" account will pay a fixed 10 percent for one year, and - unlike other high-in...
DATE: Jun 06, 2008
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NEW YORK (Reuters) - Verizon Wireless said yesterday it would buy rural mobile service provider Alltel Corp for $28.1 billion including debt, which would vault it to first place in the US market ahead of AT&T Inc.
Under terms of the deal, Verizon Wir...
DATE: Jun 06, 2008
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KUALA LUMPUR, Malaysia (AP) - Protests broke out in India and Malaysia yesterday as consumers reacted angrily to sharp fuel price hikes that could undermine governments in both countries.
With global oil prices soaring, authorities in the two countri...
DATE: Jun 06, 2008
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