49296 results returned for search: "" category ("Other" AND "Business")
LONDON - Britain's top share index hit a 10-month closing high lifted by a rally in mining stocks, after reassuring gross domestic product (GDP) data from France and Germany fuelled hopes of an economic recovery. The FTSE 100 closed up 0.82 percent, ...
DATE: Aug 14, 2009
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FRANKFURT (AP) — Volkswagen AG's supervisory board yesterday approved absorbing Porsche into VW by the end of 2011, with an initial stake to be acquired this year for 3.3 billion euros ($4.72 billion), the Wolfsburg-based company said in a statement....
DATE: Aug 14, 2009
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NEW YORK (AP) - Focused on an economic recovery, investors shook off disappointing news and kept Wall Street's summer rally going.
Investors sent stocks higher for a second day in a row yesterday, giving all the major indexes a moderate boost and add...
DATE: Aug 14, 2009
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Budding young Bermudian students were able to step into the shoes of a broker and find out what it takes to be at the cutting edge of Bermuda's insurance industry thanks to a new summer internship initiative launched by Marsh and Guy Carpenter & Co L...
DATE: Aug 14, 2009
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LONDON (AP) - Britain's financial services watchdog defended itself yesterday against allegations that its new rules on bankers' pay had been significantly watered down from its initial proposals after complaints from financial institutions.
In a bid...
DATE: Aug 14, 2009
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ZUG, Switzerland (AM BestWire) — Shareholders of Paris Re Holdings Ltd. approved a series of proposals that would set the table for Paris Re's merger with Bermuda-based PartnerRe Ltd.
According to Paris Re, shareholders representing 71.99 percent of ...
DATE: Aug 14, 2009
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LONDON (AP) - Government programmes to support the auto industry helped Germany and France return to economic growth in the second quarter, rebounds that stoked hopes the recession in the wider 16-country euro area may also end sooner than thought.
E...
DATE: Aug 14, 2009
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LONDON (AP) - Prudential plc., Britain's biggest insurer by market value, said its first half loss narrowed after a strong rise in US sales and an increase in the value of the securities it holds. Shares in the company jumped eight percent.
The net l...
DATE: Aug 14, 2009
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Butterfield Bank continued its recent revival as its common shares rose by five cents (0.98 percent) on The Bermuda Stock Exchange yesterday.
The shares closed the day at $5.15, with a total of 1,100 traded.
Overall, the Index increased by 8.74 point...
DATE: Aug 14, 2009
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Argus Group Holdings Ltd. yesterday named Sheila Nicoll as its new chairman.
Ms Nicholl, who boasts a wealth of international experience in the insurance industry, having worked at Lloyd's of London and on the New York Insurance Exchange, succeeds Dr...
DATE: Aug 14, 2009
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