76294 results returned for search: "" category "Business"
LONDON - The FTSE was closed on Monday for a Bank Holiday.
On December 24, the FTSE 100 ended 30.03 points or 0.6 percent higher at 5,402.41.
@MARKET ROUNDUP:EUROFIRST
EUROPE - European shares closed higher for the fifth consecutive session as bankin...
DATE: Dec 29, 2009
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What will our tax law look like in 2010, 2011, and 2012? No one knows. There are currently three major tax bills working their way through Congress as well as the Health Care bill which contains significant tax legislation to pay for the increase in ...
DATE: Dec 29, 2009
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Bermuda Container Line Ltd. proved to be the biggest mover on The Bermuda Stock Exchange (BSX) last week.
The shipping company dropped 10 percent ($1.40) to $12.55, with 1,000 shares traded.
Other decliners included the Ascendant Group Ltd., which fe...
DATE: Dec 29, 2009
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NEW YORK (Bloomberg) — Fannie Mae and Freddie Mac, the linchpins of the American housing market, continue to bedevil the US financial system.
In February 2003, their regulator issued a report saying the companies were taking on too much risk by using...
DATE: Dec 29, 2009
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Bermuda-based Armour Reinsurance Group Holdings Ltd. has announced the completion of Armour Re Group's takeover of PMA Capital Insurance Company and two related affiliates.
The acquisition of the companies was completed on December 24, following rece...
DATE: Dec 29, 2009
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LONDON (Bloomberg) — More UK consumers stepped out to shop and opened their wallets online this weekend at retailers including John Lewis Partnership Plc to take advantage of post- holiday discounting.
The number of customers at stores on December 26...
DATE: Dec 29, 2009
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NEW YORK (AP) - Better holiday sales and rising commodities prices pushed stocks to their sixth straight gain and new highs for 2009.
Major indexes edged higher in light trading yesterday after sales figures showed shoppers spent more freely this hol...
DATE: Dec 29, 2009
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GEORGE TOWN, Cayman Islands (Reuters) - The Cayman Islands are promising immigration incentives to keep foreign firms from quitting the Caribbean hedge fund hub, but locals want a bigger share of jobs in the lucrative financial sector.
The British ov...
DATE: Dec 29, 2009
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DALLAS (Bloomberg) - Crude oil rose to a five-week high as US retail sales climbed over the holiday season and China said its economy grew faster than estimated this year, signs the worst global recession since the Second World War is abating.
Oil cl...
DATE: Dec 29, 2009
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Bermuda retailers reported better than expected Christmas sales with a last-minute rush of shoppers through the doors to boost their bottom line.
Somers Cooper, managing director of AS Cooper & Sons Ltd., said that trading was good considering the di...
DATE: Dec 29, 2009
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