49296 results returned for search: "" category ("Other" AND "Business")
SAN FRANCISCO (AP) - Apple Inc. chief executive Steve Jobs took the wraps off a super-slim new laptop yesterday, unveiling a tiny personal computer that is less than an inch (2.5 centimetres) thick and turns on the moment it is opened.
At the Macworl...
DATE: Jan 16, 2008
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LONDON (Bloomberg) — HSBC Holdings Plc declined in London trading after Goldman Sachs Group Inc. said Europe's biggest bank by market value may need to increase US bad loan provisions by $13 billion.
The bank declined 4.8 percent to 772.5 pence, valu...
DATE: Jan 16, 2008
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Bermuda Container Line Ltd. (BCL) has reported net earnings of $3.3 million for the nine months ended September 30, 2007, mainly due to the success of associated company Somers Isles Shipping Ltd. (SISL).
The total represents a $36,000 or 1.11 percen...
DATE: Jan 16, 2008
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NEW YORK (AP) — Citigroup Inc. lost almost $10 billion in last year's final three months, the largest quarterly deficit in its 196-year history, and slashed its dividend and 4,200 jobs as it recorded a mammoth write-down for bad bets on the mortgage ...
DATE: Jan 16, 2008
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STOCKHOLM (Bloomberg) — Bermuda-based West Siberian Resources Ltd., the Stockholm-traded Russian oil producer, agreed to buy closely held OAO Alliance Oil Co. for about $1.5 billion in stock to add refining capacity as oil prices soar.
Alliance Oil w...
DATE: Jan 16, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) experienced one of its quietest day's trading of the year yesterday.
No share prices changed, but Argus Group Holdings Ltd. (16,100 shares), Butterfield Bank (9,200), BELCO Holdings Ltd. (300) and ...
DATE: Jan 16, 2008
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NEW YORK (AP) - A growing conviction that the US is headed toward recession sent Wall Street plunging yesterday, with weak retail sales figures and a disappointing quarterly report from Citigroup Inc. exacerbating investors' pessimistic mood. The Dow...
DATE: Jan 16, 2008
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TOKYO/NEW YORK (Reuters) - Merrill Lynch & Co. Inc's scramble to raise capital — spurred by huge mortgage losses — continued yesterday with a $6.6 billion offering of preferred shares to a group that includes US, Japanese and Kuwaiti investors.
The s...
DATE: Jan 16, 2008
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British Airways plans to launch a new airline in June that will offer direct service between New York and the European mainland, catering mainly to business and affluent leisure travellers.
The new carrier, named "OpenSkies," will begin with service ...
DATE: Jan 16, 2008
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NEW YORK (Reuters) - Citigroup Inc said yesterday it plans to raise $14.5 billion, slash its dividend and cut 4,200 jobs to help shore up its balance sheet after a huge write-down for mortgages led to a record quarterly loss of $9.83 billion.
The cap...
DATE: Jan 16, 2008
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