49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) — Citigroup Inc. became the latest bank to take a cautious view of consumers' credit problems, reporting a $7.77 billion fourth-quarter loss due to failed loans and the costs of repaying government bailout money.
The bank said yesterday...
DATE: Jan 20, 2010
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Bermuda Container Line Ltd. saw its shares price rise 8.36 percent ($1.05) on The Bermuda Stock Exchange (BSX) the day the company announced its nine-monthly financial results.
The shipping company closed the day at $13.60, with 1,200 shares traded.
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DATE: Jan 20, 2010
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Bermuda Container Line's (BCL) net earnings for the nine months ended September 30, 2009 dropped 1.9 percent or $53,000 compared to the same period in 2008.
Earnings from shipping operations were down 25 percent as a result of reduced cargo volumes a...
DATE: Jan 20, 2010
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SAN FRANCISCO (AP) - A mother and her two daughters logged onto Facebook from mobile phones last weekend and wound up in a startling place: strangers' accounts with full access to troves of private information.
The glitch - the result of a routing pr...
DATE: Jan 20, 2010
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LONDON (Reuters) - Kraft Foods agreed a deal to buy Cadbury for around £11.9 billion ($19.6 billion), creating the world's top confectioner after frantic last-minute talks broke an impasse over price.
Kraft's CEO Irene Rosenfeld had to inject more ca...
DATE: Jan 20, 2010
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LONDON - Britain's top shares ended up 0.3 percent, led by pharmaceuticals on hopes US President Barack Obama's healthcare reforms could be hampered, while banks fell after results from US bank Citigroup.
The FTSE 100 index rose 18.75 points at 5,513...
DATE: Jan 20, 2010
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TOKYO (AP) — Japan Airlines filed for one of the country's largest bankruptcies ever yesterday, entering a restructuring that will shrink Asia's top carrier and its presence around the world.
Staggering under a $25.6 billion debt mountain, the carrie...
DATE: Jan 20, 2010
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The International Association of Insurance Supervisors' Executive Committee this week approved the recommendations on the design and workplan regarding a framework to better supervise internationally active insurance groups and their group-wide risks...
DATE: Jan 20, 2010
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LONDON (AP) — Nationalised mortgage lender Northern Rock PLC said yesterday it has signed a new four-year sponsorship deal with Newcastle United football club, worth up to £10 million ($16 million).
The deal extends Northern Rock's relationship with ...
DATE: Jan 19, 2010
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Capital G Investments Ltd. has expanded its business through an amalgamation with fellow Bermuda company Kast Investment Management Ltd.
Capital G Investments' total assets under management have swollen to more than $650 million and its client base t...
DATE: Jan 19, 2010
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