77161 results returned for search: "" category "Business"
TORONTO (Reuters) - Toronto's main stock index finished just off its session high yesterday in a broad rally led by gold-mining and fertilizer shares.
The S&P/TSX composite index climbed 112.15 points, or 0.89 percent, to finish at 12,565.84. All of ...
DATE: Oct 30, 2010
|
CATEGORY:
Other
|
LONDON (AP) - World stock markets mostly rose yesterday as traders put aside uncertainty about the size of the Federal Reserve's economy-boosting bond purchase plan to sort through a raft of earnings reports.
Major companies such as Shell, Daimler, a...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
XL Group plc has appointed Gregory Hendrick to lead the insurer's new Office of Strategic Growth.
And the company has hired back Bermudian Charles Cooper to replace Mr. Hendrick as chief underwriting officer of XL Re.
Mr. Cooper left XL a year ago, a...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
New Bermuda-domiciled insurer Paraline Group Ltd. will bide its time before seeking to expand its business.
Paraline's chief executive officer Jack Graham said the company planned to increase its capabilities, particularly in the Lloyd's of London ma...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
NEW YORK (AP) — Starwood Hotels & Resorts Worldwide Inc., which owns Sheraton, Westin and other major brands, reported yesterday that it lost money in its third-quarter because it sold a hotel at a loss.
Excluding that sale and other one-time items, ...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
Bermuda Commercial Bank Ltd. fell 1.3 percent (13 cents) to $9.75 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 14,700 shares during the day.
As a whole, the Index fell 0.64 points (0.05 percent) to 1,270.39, with 14,700 shares worth...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
LONDON (Reuters) — British retail sales grew robustly in October, an industry survey showed yesterday, though there were signs a strengthening downturn in the housing market was beginning to weigh on growth.
The Confederation of British Industry repo...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
WASHINGTON (Bloomberg) — Claims for jobless benefits unexpectedly dropped last week to a three-month low, a sign the US labour market may be starting to mend.
Initial jobless claims decreased by 21,000 to 434,000 in the week ended October 23, the low...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
Sun Life Financial Inc. has sold its life reinsurance business to Berkshire Hathaway Life Co., the Canadian company announced yesterday.
The move will not impact Sun Life's Bermuda operation, which employs around 50 people, and sells life insurance, ...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
The employment market has changed beyond recognition over the past 10 years with an oversubscription of applicants for positions as the economic downturn continues to hit businesses hard.
That is the view of Kelly Francis, president and senior consul...
DATE: Oct 29, 2010
|
CATEGORY:
Other
|
