49296 results returned for search: "" category ("Other" AND "Business")
ATLANTA (Bloomberg) - Starbucks Corp., the world's largest chain of coffee shops, recalled 167,000 Chinese-made mugs that pose a burn hazard because their plastic handles can detach when the container is filled with a hot liquid.
Starbucks received 2...
DATE: Dec 07, 2007
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Invesco's arrival in Bermuda this week might add a few thousands of dollars to the economy, but it will do little else so long as the giant investment company remains a "virtual" entity simply domiciled and exisiting as a document file in a lawyer's ...
DATE: Dec 07, 2007
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AUTHOR:
Scott Neil
JOHANNESBURG (Bloomberg) - Petroliam Nasional Bhd.'s Engen oil refinery in Durban, South Africa's third-biggest, cut output 40 percent after a fire.
The blaze, which started in a vacuum unit used to make feedstock for asphalt and lubricants, will red...
DATE: Dec 07, 2007
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CHARLOTTE, N.C. (AP) — Krispy Kreme Doughnuts said yesterday its loss narrowed substantially in its third quarter compared to results weighed down by charges for store closures a year ago.
But sales tumbled and the doughnut retailer, once a Wall Stre...
DATE: Dec 07, 2007
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LONDON (Bloomberg) — Catlin Group, the biggest insurer on the Lloyd's of London market, and Brit Insurance Holdingsrose as concerns receded about their possible losses from the collapse of US subprime mortgages.
Catlin shares advanced as much as 6.1 ...
DATE: Dec 07, 2007
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Argus Group Holdings Ltd. continued its good week on the Royal Gazette/Bermuda Stock Exchange Index yesterday, boosting its share value by 75 cents (0.05 percent).
Its share price closed up at $16, with 1,100 shares traded, while KeyTech Ltd. also in...
DATE: Dec 07, 2007
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WASINGTON (Bloomberg) — Cerberus Capital Management, a private-equity firm seeking to cancel a $4 billion buyout of United Rentals, can withdraw its bid if it pays a fee under the acquisition agreement, a professor said.
John C. Coates IV, a Harvard ...
DATE: Dec 07, 2007
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MONTERRY (Bloomberg) — When Jonathan Shapiro was scouting for investments that might withstand the worst US housing decline in six decades, he found one he thought was solid enough to pour at least $12 million into: Cemex SAB.
Shapiro, who helps mana...
DATE: Dec 07, 2007
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A $40 million project to redevelop and expand The Reefs hotel has placed Greymane Contracting squarely in the big league of the Island's construction sector.
It is the biggest single job yet undertaken by the 13-year-old company, and Greymane's reput...
DATE: Dec 07, 2007
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AUTHOR:
Scott Neil
LONDON (Reuters) - House prices in Britain fell for a third month running in November, according to the country's biggest mortgage lender, in a sign that the once red-hot property market is cooling fast.
HBOS Plc's Halifax index showed house prices f...
DATE: Dec 06, 2007
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