49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (AP) — Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Federal Reserve chairman Ben Bernanke said yesterday.
The trio of ...
DATE: May 16, 2008
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LONDON (AP) — Cadbury PLC, the world's biggest candy maker, gave investors a pleasant surprise yesterday by forecasting target-beating sales in the first half and improving profit margins on the back of price rises and cost cuts.
Cadbury shares jumpe...
DATE: May 16, 2008
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NEW YORK (AP) — Blackstone Group LP, one of the world's largest private-equity funds, yesterday reported its second straight quarterly loss as the leveraged buy-out market dried up and its portfolio of companies lost value.
The New York-based firm, w...
DATE: May 16, 2008
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NEW YORK (Reuters) - Maurice (Hank) Greenberg, the former head of American International Group Inc, said in an interview he voted against the re-election of the company's board because directors have not made sure management met expectations.
"I repr...
DATE: May 16, 2008
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PartnerRe Ltd. yesterday announced two executive changes in the operations of PartnerRe Global operations.
Costas Miranthis will be promoted from deputy chief executive officer of PartnerRe Global to CEO, PartnerRe Global, effective July 1, 2008.
In ...
DATE: May 16, 2008
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LONDON (Reuters) - British bank Barclays Plc said profits fell in the first quarter and refused to rule out a rights issue as it took a £1 billion ($2 billion) hit for the impact of the credit crunch.
That was less than the hit taken by many other ba...
DATE: May 16, 2008
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In his book, 'The Offsite', renowned speaker and workshop leader Robert H. Thompson aims to use fiction to teach leadership techniques.
"I started writing a different leadership book, but I gave up on that," said Mr. Thompson, who is visiting the Isl...
DATE: May 16, 2008
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AUTHOR:
Owain Johnston-Barnes
NEW YORK (AP) - Bermuda-based Aspen Insurance Holdings Ltd. said it agreed to repurchase $100 million worth of shares from management fund Candover Partners Ltd. and Candover's employee trust.
The 4.1 million shares are part of Aspen's $300 million s...
DATE: May 16, 2008
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LONDON (AP) — BT Group PLC reported a 6.2-percent fall in final quarter net profit yesterday, after losing some wholesale customers to broadband services and as costs rose.
Net profit fell to £426 million ($828.5 million) over the three months ending...
DATE: May 16, 2008
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LONDON (Reuters) - Bermuda-based insurer Catlin Group said yesterday trading in the first quarter was in line with expectations, with margins holding despite increased competition and an expected drop in premiums.
The insurer said gross written premi...
DATE: May 16, 2008
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