76248 results returned for search: "" category "Business"
WASHINGTON (Bloomberg) - Production in the US rose in May by the most since August, led by increases in automobiles and utilities and showing manufacturers are weathering the effects of the European debt crisis.
Output at factories, mines and utiliti...
DATE: Jun 17, 2010
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NEW YORK (Bloomberg) - Citigroup Inc., which received $45 billion in a taxpayer-funded bailout, will suspend foreclosures in coastal areas "hard hit" by the oil spill in the Gulf of Mexico.
The halt is effective starting tomorrow and will apply only ...
DATE: Jun 17, 2010
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HSBC Bermuda customers have been warned to be on their guard following a recent spate of 'phishing' attacks via email.
The spams, which have been on the increase over the past two weeks, claim to come from the bank, saying that an error has occurred ...
DATE: Jun 17, 2010
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NEW YORK (Bloomberg) - Lazard Ltd. President Charles Ward, a protégé of former CEO Bruce Wasserstein, retired from the firm after more than eight years at the largest independent merger adviser.
Mr. Ward's retirement is effective immediately, the Ham...
DATE: Jun 17, 2010
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WASHINGTON (Bloomberg) - US corporations that gave stock options to executives claimed tax deductions in 2008 that were $52 billion higher than the costs they reported to shareholders, a US senator said.
Michigan Senator Carl Levin, who has been tryi...
DATE: Jun 17, 2010
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The future of Bermuda's insurance industry is sustainable despite the challenges it faces ranging from the threat of the proposed Neal Bill to the recent spate of violence that has swept the Island.
That is the view of Brian Duperreault, president an...
DATE: Jun 17, 2010
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BERLIN/MADRID (Reuters) - Spain's central bank will publish stress tests on its lenders and Germany is co-ordinating disclosure at EU level, moving Europe's banking sector closer to putting its financial health on public display.
After media leaks th...
DATE: Jun 17, 2010
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SINGAPORE (Bloomberg) - From Shanghai to Singapore, policy makers are struggling in their efforts to curb property bubbles that threaten to derail the world's fastest growing region.
In China, home prices are surging at a record pace even after autho...
DATE: Jun 17, 2010
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Bermuda Investment Advisory Services Limited (BIAS) yesterday reported that its Global Equities Fund, issued by Cayman-based affiliate BIAS Global Portfolios SPC, has been awarded the maximum five-star rating by Morningstar Inc.
BIAS launched three m...
DATE: Jun 17, 2010
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NEW YORK (AP) - BP's agreement to put $20 billion into a fund for victims of the Gulf of Mexico oil spill lifted the stock market off its lows and sent the major indexes to a narrowly mixed finish.
The oil company also said it has canceled a dividend...
DATE: Jun 17, 2010
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