49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) Outgoing Pfizer CEO Jeffery B. Kindler (pictured) will receive about $9.6 million in cash, plus stock incentives, as part of his compensation after abruptly leaving the drug developer after nearly five years leading the company.
Kindler...
DATE: Dec 10, 2010
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Hannover Re vice-president and underwriter Gail Martin has won the Bermuda Foundation For Insurance Studies annual Pink Shorts Award.
Ms Martin has served on BFIS committees since 2003, becoming a trustee in 2005 and a vice-president in 2009.
In maki...
DATE: Dec 10, 2010
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LONDON (AP) World stock markets mostly advanced yesterday on hopes that growth in the US and Asia will be stronger than expected, helping to offset the impact of Europe’s debt crisis.
A compromise in Washington to extend tax cuts helped shares and se...
DATE: Dec 10, 2010
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ROME (Bloomberg) The Italian Treasury will begin 2011 with more than 30 billion euros ($40 billion) in reserves to provide a cushion amid debt-market volatility, said Maria Cannata, the Finance Ministry’s director of public debt.
“At the beginning of...
DATE: Dec 10, 2010
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LONDON (AP) British defence and aerospace contractor BAE Systems says it is planning to shed almost 1,300 jobs following government spending cuts.
BAE said yesterday that most of the losses were related to the axing of contracts to supply Nimrod spy ...
DATE: Dec 10, 2010
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REYKJAVIK/STOCKHOLM (Reuters) Iceland has agreed better terms on repaying Britain and the Netherlands over failed online bank Icesave, negotiators said yesterday, bringing the island a step closer to recovery from its financial crisis.
In a crash tha...
DATE: Dec 10, 2010
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LONDON (AP) Shares in HMV fell sharply yesterday after the music and games retailer reported sliding sales and growing losses in the first half and a dismal start to the Christmas season.
Sales were down six percent to £750 million ($1.2 billion) in ...
DATE: Dec 10, 2010
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NEW YORK (AP) Stocks closed mixed yesterday as traders waited to see whether a tax compromise brokered by the White House and Republicans will pass the Democratic-controlled House.
House Democrats pledged yesterday to reject the tax deal as it is cur...
DATE: Dec 10, 2010
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LONDON (AP) British utility company National Grid says it has agreed to sell its gas and electricity distribution businesses in the US state of New Hampshire for $285 million.
The company said yesterday that Algonquin Power & Utilities Corp. will buy...
DATE: Dec 10, 2010
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NEW YORK (Bloomberg) American International Group Inc., the bailed-out insurer, surged the most in ten months after making a deal that provides for repayment of the Federal Reserve and sets the rules for its eventual exit from US control.
AIG jumped ...
DATE: Dec 10, 2010
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