76251 results returned for search: "" category "Business"
BRUSSELS (Reuters) - A $1 trillion global emergency package to stabilise the euro unleashed a spectacular rally in European stocks and bonds yesterday but analysts said EU leaders had only bought time to tackle deep-seated fiscal problems.
The "shock...
DATE: May 11, 2010
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The European debt crisis is not likely to be solved any time soon, because too many countries are "living beyond their means".
That is the view of Nicholas Gartside, head of global fixed income for asset management giant Schroders, who was in Bermuda...
DATE: May 11, 2010
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Assured Guaranty's first-quarter profit surged 277 percent, driven by last year's acquisition of Financial Security Assurance Holdings Ltd.
The Bermuda-based bond insurer said last night that net income for the first three months of this year was $3...
DATE: May 11, 2010
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AUTHOR:
Jonathan Kent
LISBON (Reuters) - Portugal will deepen its planned budget deficit cut next year by 1.5 percentage points of GDP, and may resort to tax hikes if necessary, Finance Minister Fernando Teixeira dos Santos said yesterday.
Speaking in Brussels, shortly af...
DATE: May 11, 2010
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LONDON - Britain's leading share index scored its biggest one-day percent rise in nearly 18 months as the $1 trillion euro zone rescue package doused concerns of EU debt defaults and further economic dislocation. The FTSE 100 closed at 5,387.42 point...
DATE: May 11, 2010
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Inflation rose to its highest level so far this year hitting 2.3 percent during march, according to the latest figures released by Government.
The Department of Statistics' Consumer Price Index report revealed that the inflation rate jumped from 1.3 ...
DATE: May 10, 2010
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LONDON (Reuters) - The dollar may hang by the slender thread of the US recovery, but this is probably enough to make it the major currency of choice.
It is not so much that the dollar is strong, but that the case for its major peers - the euro, pound...
DATE: May 10, 2010
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Bermuda Gas & Utility Company is stepping up its educational campaign to teach Bermudians about the advantages of using propane gas in today's increasingly energy conscious world.
In an interview with The Royal Gazette, Damon Wade, senior vice-presid...
DATE: May 10, 2010
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Capital G Bank Ltd.'s earnings rose to $2.3 million for the 11-month period ending December 31, 2009, from $1.3 million for the full year ended January 31, 2009.
During the year, the bank changed its reporting date to December 31 from January 31 and ...
DATE: May 10, 2010
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The Bank of Butterfield recently released its first quarter results for 2010. I have combed through the press release, presentation and financials and come away with a few important points and observations. Let's begin with the positives.
The release...
DATE: May 10, 2010
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