49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) – General Motors Co will invest C$245 million ($233 million) to expand its St. Catharines, Ontario, plant to build fuel-efficient six-speed transmissions, the automaker said yesterday.
The plant will supply transmissions starting in...
DATE: Jun 02, 2010
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BC-USA-ECONOMY/CONSTRUCTION (UPDATE 1)
UPDATE 1-U.S. construction spending surges in April
(Adds details, background)
WASHINGTON (Reuters) - U.S. construction spending rose unexpectedly in April, recording its largest monthly increase in nearly 10 ye...
DATE: Jun 02, 2010
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Butterfield Bank surged 33.3 percent to push The Royal Gazette/Bermuda Stock Exchange Index to its highest level since March.
The bank rose 50 cents to $2, on the trading of 36,191 shares.
Because of its heavy weighting on the BSX, the bank's huge ju...
DATE: Jun 02, 2010
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Bermuda's financial regulator is confident that it will achieve equivalence with the European Union's imminent Solvency II regulations.
Yesterday the Bermuda Monetary Authority (BMA) announced that it had taken an important step nearer that goal, by ...
DATE: Jun 02, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (AP) – Hewlett-Packard Co. said yesterday it will lay off about 9,000 workers in the unit that provides technology services to other businesses as the company consolidates and automates its commercial data centers.
The cuts will be made over...
DATE: Jun 02, 2010
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BANGALORE/NEW DELHI (Reuters) – India's manufacturing sector expanded at its fastest rate in over two years in May, bolstered by steady growth in output and new orders, reinforcing expectations of a further hike in interest rates late next month.
Aut...
DATE: Jun 02, 2010
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WASHINGTON (AP) –Construction activity surged in April by the largest amount in nearly a decade. The unexpected gains could mean the hardest-hit sector of the US economy is starting to recover.
Construction shot up 2.7 percent last month compared to ...
DATE: Jun 02, 2010
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NEW YORK (AP) — Stocks took another late-day dive yesterday after the government said it was starting criminal and civil investigations into the Gulf of Mexico oil spill.
The Dow Jones industrial average dropped almost 113 points. Its plunge came sho...
DATE: Jun 02, 2010
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SYDNEY (Reuters) – Australia's central bank held its key cash rate at 4.5 percent as expected yesterday, saying past hikes and turmoil in global markets meant rates were at the right level.
The steady outcome from the Reserve Bank of Australia's (RBA...
DATE: Jun 02, 2010
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Global insurance broker Aon Corp. yesterday kicked off its four-year shirt sponsorship of Manchester United with a programme of global charity initiatives designed to promote youth development and healthier communities.
The sponsorship, intially ann...
DATE: Jun 02, 2010
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