49296 results returned for search: "" category ("Other" AND "Business")
BEIJING (AP) – Lenovo Group, the fourth-largest personal computer maker, reported its third straight quarterly profit yesterday on strong sales growth in China and a revival in demand from business customers.
Lenovo said profit for the three months e...
DATE: May 28, 2010
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WASHINGTON (Reuters) – The US economy grew at a slightly slower pace than previously estimated in the first quarter but the recovery still appeared solid, suggesting the economy could withstand fallout from a European debt crisis.
Gross domestic prod...
DATE: May 28, 2010
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Members of the executive team at The Fairmont Hamilton Princess hung up their jackets yesterday to cook, serve and press laundry in order to understand first-hand the challenges faced by front-line staff at the hotel.
Yesterday's job swap is part of...
DATE: May 28, 2010
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NEW YORK (Bloomberg) — Scorpion Offshore Ltd., an offshore oil rig company, recommended shareholders accept an offer by Ensco plc to buy 19 percent of its outstanding shares in an attempt to fend off a takeover by Bermuda-based Seadrill Ltd.
Ensco (B...
DATE: May 28, 2010
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NEW YORK (Bloomberg) — Prices for offshore oil-rig insurance have jumped 40 percent to 50 percent after the explosion and sinking of the drilling platform in the Gulf of Mexico last month, according to one of the rig's insurers.
The accident resulted...
DATE: May 28, 2010
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LONDON - Britain's top shares rose 3.1 percent to hit a one-week high, with oil stocks the standout gainers led by BP as it was making progress in plugging a well which has been leaking in the Gulf of Mexico for five weeks. The FTSE 100 closed at 5,1...
DATE: May 28, 2010
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KUWAIT (Reuters) – Kuwait Investment Authority (KIA), the country's sovereign wealth fund, said yesterday it did not plan to reduce its exposure to euro zone investments, denying a Kuwaiti newspaper report.
"KIA denies local newspaper reports that th...
DATE: May 28, 2010
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TORONTO (Reuters) - Toronto's main stock index ended higher for a second straight session yesterday as commodity-linked stocks surged after China soothed investor worries by saying Europe was a key investment market.
Resource issues led the gains as ...
DATE: May 28, 2010
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Signet Jewelers Limited ("Signet") (NYSE and LSE: SIG), the world's largest specialty retail jeweler, today announced its results for the 13 weeks ended May 1, 2010 ("first quarter fiscal 2011").
First Quarter Highlights
-- Same store sales: up 5.8%
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DATE: May 28, 2010
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Bermuda-based fund manager Kingate Management may have "played a crucial role" in the Bernard Madoff debacle, a London judge said yesterday.
The Kingate Global and Kingate euro hedge funds — now in liquidation in the British Virgin Islands — were amo...
DATE: May 28, 2010
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AUTHOR:
Jonathan Kent
