49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (AP) — The Federal Reserve is prepared to take further steps to rejuvenate the US economy by buying Treasury bonds but is wrestling with how big the programme should be, Chairman Ben Bernanke said Friday.
Bernanke also indicated that Fed p...
DATE: Oct 18, 2010
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The Department of Statistics reissued the August 2010 Consumer Price Index after a mistake related to Belco's fuel adjustment charge.
Valerie Robinson-James, the Director of Statistics, said in an e-mailed statement: "There was an error in quoting th...
DATE: Oct 18, 2010
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TORONTO (Reuters) - Rising profits at Canada's biggest companies may not be enough to shake the Toronto stock market free of the vertigo that has accompanied its rapid recent rise to two-year highs.
Fuelled by rallying commodity prices and the prospe...
DATE: Oct 18, 2010
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NEW YORK (Bloomberg) — The dollar fell for a fifth week against the euro, matching a losing streak that ended in December 2008, as traders speculated the Federal Reserve will further ease monetary policy, debasing the greenback.
The US currency dropp...
DATE: Oct 18, 2010
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Bermuda-based telecommunications group KeyTech Ltd. is investing around $2 million to extend its fibre optic network in the Cayman Islands as it seeks to boost its corporate data services business.
KeyTech is aiming to capitalise on its acquisition l...
DATE: Oct 18, 2010
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AUTHOR:
Jonathan Kent
HONG KONG (Bloomberg) — Equities traders in Hong Kong may soon have to say goodbye to lunches of sautéed ostrich and crispy pigeon at Michelin-starred restaurants and settle for a sandwich at their desks instead.
Hong Kong Exchanges & Clearing Ltd. C...
DATE: Oct 18, 2010
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Bermuda-based Allied World Assurance Company Ltd. has named Barry Zurbuchen as chief risk officer.
Mr. Zurbuchen is the company's senior vice-president, modelling and corporate pricing, a role in which he is responsible for the company's reinsurance,...
DATE: Oct 18, 2010
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NEW YORK (Bloomberg) — American International Group Inc.'s plan to exit US ownership includes a new $2 billion backstop from the Treasury Department after credit raters said the company may need emergency capital as it regains independence.
The funds...
DATE: Oct 18, 2010
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LONDON (Reuters) - Britain will clamp down on welfare fraud, slash government spending and press banks to pay more tax in an attempt to cut its record peacetime budget deficit, finance minister George Osborne said yesterday.
Speaking before a spendin...
DATE: Oct 18, 2010
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Local stocks rose last week, led by jumps in the value of shares of both Butterfield Bank and Ascendant Group Ltd.
Butterfield rose 6.4 percent and Ascendant 4.9 percent, as The Royal Gazette / BSX Index climbed 3.75 percent. The index rose 47.5 poin...
DATE: Oct 18, 2010
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