76282 results returned for search: "" category "Business"
LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the world's largest operator of supertankers, posted a 92 percent slump in fourth-quarter profit and predicted improving earnings, with freight rates bolstered by the global economic recovery.
Net in...
DATE: Mar 01, 2010
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NEW YORK (Reuters) - Payrolls could give the US stock market some direction this week as investors comb through the key report on one of the economy's weakest areas.
When trading resumes today, Wall Street will watch copper prices and mining stocks s...
DATE: Mar 01, 2010
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TORONTO (Reuters) - Global investors ravaged by rising sovereign risk will find welcome respite in Canada's March 4 federal budget, with controlled leaks and relatively healthy finances making it a refreshingly low-key event for markets.
In stark con...
DATE: Mar 01, 2010
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The local stock market remained at near-decade lows after a second negative week.
The Royal Gazette / Bermuda Stock Exchange (BSX) Index fell 18.92 points, or one percent, over the five days of trading, to close on 1,900.09.
Butterfield Bank tumbled ...
DATE: Mar 01, 2010
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BERN (Bloomberg) — A Swiss court ordered tax officials to drop two more cases involving UBS AG account holders, adding urgency to the government's effort to find a political solution that will preserve a data-sharing agreement with the US.
The Federa...
DATE: Mar 01, 2010
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CHARLOTTE, North Carolina (AP) — AIG said yesterday it lost $8.87 billion in the fourth quarter as its general insurance business remained weak and the company ran up expenses from paying back government loans.
The troubled insurer also said in an an...
DATE: Mar 01, 2010
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BC-US--Prudential-AIG Unit,0276
Reports: Prudential PLC may buy AIG unit
NEW YORK (AP) -- Prudential PLC, Britain's largest life insurer, is exploring a bid for the Asian life-insurance arm of American International Group Inc., according to media rep...
DATE: Mar 01, 2010
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LONDON (Bloomberg) — Bermuda-based Lancashire Holdings Ltd., the best performer in the FTSE 350 Non-life Insurance Index in the past six months, said 2009 profit almost quadrupled as net insurance losses fell.
Net income climbed to $385.4 million fro...
DATE: Mar 01, 2010
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The time is ripe for investors to get into the bond market and take advantage of the opportunities available to them, according to a leading Canadian bond expert.
Peter Kotsopoulos, executive vice-president and managing director of McLean Budden, and...
DATE: Mar 01, 2010
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HSBC Investment Solutions (HIS) has announced the delisting of the last of the its funds listed on the Bermuda Stock Exchange (BSX).
HIS global equity fund will invoke the compulsory redemption provisions and close following the redemption of shares ...
DATE: Mar 01, 2010
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