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TORONTO (Reuters) - Air Canada and WestJet reported stronger quarterly operating results yesterday, as Canada's two biggest airlines benefited from more traffic, especially on international flights. Air Canada, the country's No. 1 airline, posted a q...

LONDON (AP) — British bank Barclays PLC said yesterday that its net profit rose by 29 percent in the first half to 2.4 billion pounds ($3.9 billion) as investment banking gains tripled and provisions for bad loans fell by a third. Revenue was up eigh...

LONDON (AP) — The Bank of England said yesterday it is keeping its base rate at an all-time low of 0.5 percent amid fears that Britain's economic recovery may falter in coming months. The bank's Monetary Policy Committee said it was extending the rat...

First-half pre-tax profit: $98.6 million cmpared to $148.2 million. Q2 gross premiums written: $232.1 compared to $241.9 million. Q2 combined ratio: 51.5 percent compared to 35.4 percent in 2009.

LONDON (Reuters) - Lloyd's of London insurer Lancashire Holdings beat forecasts with its first-half pretax profit as it escaped a big hit from the Gulf of Mexico oil spill, while rates for energy-sector insurance rose. A record number of catastrophes...

Entrepreneurs will be shown how to identify new business opportunities at the Bermuda Small Business Development Corporation's latest breakfast seminar held this month. The event, which will be hosted at the Fairmont Hamilton Princess on Wednesday Au...

XL Group plc has no plans to relocate senior executives from Bermuda to Ireland, following the move of the company's holding company to Dublin. The global business insurer's chief executive officer Mike McGavick told The Royal Gazette that there was...

NEW YORK (AP) - Reassuring signs on employment and growth in the service industry got the stock market back on an upward trajectory yesterday. Major indexes rose moderately after reports showed private sector hiring and services activity both grew mo...

NEW YORK (Bloomberg) — Philanthropist David Rockefeller, Ronald Perelman, Larry Ellison, Sanford Weill, Ted Turner and Paul Allen joined a pledge started by Warren Buffett for billionaires to give more than half their wealth to charity. The announcem...

Barnes & Noble shares soar on sale plans + Shares up 21 percent + Goldman Sachs upgrades shares to 'neutral' from 'sell' NEW YORK (Reuters) - Barnes & Noble Inc shares soared 21 percent on Wednesday after the struggling bookseller said it was up for ...