75989 results returned for search: "" category "Business"
NEW YORK (Reuters) - World stocks rose 1 percent and the dollar fell yesterday as Federal Reserve Chairman Ben Bernanke left the door open for future US economic stimulus.
Speaking at the Fed's annual retreat in Jackson Hole, Wyoming, Bernanke did no...
DATE: Aug 27, 2011
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CATEGORY:
Personal Finance
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Oh, gold prices may go up again, but investment advisers and regulators are warning investors to be careful about putting too much of their money in gold.
As the stock market has vaulted up and down day after day, investors have fled to gold. But hav...
DATE: Aug 27, 2011
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CATEGORY:
Personal Finance
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Several companies traded on the Bermuda Stock Exchange (BSX) yesterday, as it closed down 1.88, or 0.15 percent, at 1,231.75.
KeyTech fell 15 cents or 2.7 percent as 106 shares traded to close at $5.45.
Butterfield Bank remained unchanged at $1.50 as...
DATE: Aug 27, 2011
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CATEGORY:
Bermuda Stock Exchange
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By Marina Mello
International publishing executive and entrepreneur Magnus Greaves was a major draw for last night’s annual Bermuda Small Business Networking Event.
Mr Greaves, the founder of 100 Urban Entrepreneurs, Doubledown Media and MYMAG, was t...
DATE: Aug 26, 2011
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CATEGORY:
Economy
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DATE: Aug 26, 2011
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CATEGORY:
Other
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GENEVA (AP) Swiss banks will have to pay 500 million Swiss francs ($630 million) to Britain as part of an agreement to end tax evasion, the Swiss government says.
Britain’s treasury described the deal struck by senior officials in Zurich on Wednesday...
DATE: Aug 26, 2011
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CATEGORY:
International Business
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ZURICH (Bloomberg) Zurich Financial Services AG, Baloise Holding AG and other Swiss insurers will compensate for slowing growth in their home market by making acquisitions, according to Fitch Ratings.
Low interest rates and slowing economic growth ar...
DATE: Aug 26, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) Warren Buffett may have earned $1.4 billion in one day on his $5 billion investment in Bank of America Corp.
The preferred shares Buffett’s Berkshire Hathaway Inc. bought are worth about $3.53 billion, Phil Jacoby, chief investme...
DATE: Aug 26, 2011
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CATEGORY:
Reinsurance
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Hardy Underwriting Bermuda Ltd yesterday announced a half-year post-tax loss of $17.1 million (about $28 million) after claims poured in from what the company described as “the most extraordinary run of catastrophe losses that the market has ever see...
DATE: Aug 26, 2011
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CATEGORY:
Reinsurance
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Utility company Ascendant Group’s shares rose 1.8 percent (25 cents) to $14.25 on the Bermuda Stock Exchange yesterday.
Butterfield Bank again traded, closing once again unchanged at $1.50, as 300 shares changed hands.
Ten of the bank’s preference sh...
DATE: Aug 26, 2011
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CATEGORY:
Bermuda Stock Exchange
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