49296 results returned for search: "" category ("Other" AND "Business")
FRANKFURT (Bloomberg) - Europe's banks are facing déjà vu. Less than two years after the collapse of Lehman Brothers Holdings Inc., fresh tremors in the debt markets are threatening to shake the financial system.
This time the concern is not about su...
DATE: May 19, 2010
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ATHENS, Greece (AP) - Greece received 14.5 billion euros in bailout loans from 10 other European Union (EU) countries yesterday, the finance ministry said, just a day before a crucial debt refinancing deadline that threatened the country with default...
DATE: May 19, 2010
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TORONTO (Bloomberg) - Canadian stocks fell for a fourth day as the US dollar neared a four-year high against the euro after Germany planned to ban certain types of bearish investments and oil dropped for a sixth straight day.
Imperial Oil Ltd., Canad...
DATE: May 19, 2010
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BRUSSELS (AP) - European Union (EU) governments overrode British objections - and US worries - by agreeing yesterday to tighten rules for freewheeling hedge funds, a move some fear will block American funds from the region and cause the lucrative ind...
DATE: May 19, 2010
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Flagstone Reinsurance Holdings is no longer a Bermuda-based company.
Yesterday the class of 2005 reinsurer announced it had completed the change of corporate domicile to Luxembourg, after the completion of legal formalities in Bermuda and the tiny Gr...
DATE: May 19, 2010
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AUTHOR:
Jonathan Kent
LONDON (AP) - Prudential plc. yesterday published its prospectus laying out its plans to acquire Asia-based life insurer AIA Group from bailed-out US insurance firm AIG, launching a three-week campaign to line up support from shareholders.
The $35.5 ...
DATE: May 19, 2010
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NEW YORK (AP) - The American Heart Association (AHA) and Nintendo Co. are teaming up to promote the popular Wii video game console, as the health advocacy group concedes that its campaign for traditional exercise isn't working.
The surprising partner...
DATE: May 19, 2010
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YourTravelBiz International Inc. — the travel company which has recruited at least 700 Bermudians — made a net loss of $423,000 for the first quarter of 2010. That compared to a net loss of $1.9 million for the same period in 2009.
However, travel co...
DATE: May 19, 2010
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BC-BRITAIN-INFLATION/ (UPDATE 2)
UPDATE 2-UK inflation jumps to 17-month high in April
April CPI +3.7 percent y/y; forecast was +3.5 percent
April RPI +5.3 percent y/y, highest since 1991
Alcohol, tobacco tax rises, food and clothing drive jump
BoE's...
DATE: May 19, 2010
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TORONTO (Reuters) - Toronto's main stock index fell yesterday on persistent fears that austerity measures in Europe could stifle global growth, as Germany said it would restrict short-selling linked to euro zone debt.
Ongoing worries about euro zone ...
DATE: May 19, 2010
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