76339 results returned for search: "" category "Business"
NEW YORK (AP) - Investors are fearing they may have bet too soon on an economic comeback.
Stocks ended mostly lower yesterday as drops in prices for oil and other commodities spurred worries that demand for basic materials may remain slack. Indexes e...
DATE: Jul 07, 2009
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LONDON - Weaker crude and metal prices sent energy stocks and miners sliding, dragging Britain's top share index down 0.98 percent to its lowest close in more than two months. The FTSE 100 index ended down 41.37 points at 4,194.91, its weakest close ...
DATE: Jul 07, 2009
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Bermuda-based PartnerRe Ltd. has agreed to buy Paris Re Holdings Ltd. in a $2 billion deal that will make it the fourth largest reinsurer in the world.
PartnerRe chief executive officer Patrick Thiele said PartnerRe would become a larger and stronger...
DATE: Jul 07, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Axa SA, Allianz SE and American International Group Inc. lead a group of airline insurers poised to record the most monthly losses since September of 2001 and may raise prices to bolster reserves, Aon Corp. said.
Costs to indem...
DATE: Jul 07, 2009
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Investors with an appetite for risk will be able to put their money into a fund which invests in the distressed mortgage debt market.
The sub-prime crisis sparked the current economic downturn, with many homeowners defaulting on their mortgages and i...
DATE: Jul 07, 2009
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NEW YORK (Reuters) - A former Goldman Sachs Group Inc computer programmer accused of stealing secret trading codes from the financial firm has been released from federal custody after posting bail, authorities said yesterday. Sergey Aleynikov, 39, wa...
DATE: Jul 07, 2009
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NEW YORK (AP) - Shares of Bermuda-based Central European Media Enterprises Ltd., which operates TV channels in Central and Eastern Europe, got a boost yesterday after an analyst upgraded the stock and said the company's markets may have hit bottom so...
DATE: Jul 07, 2009
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TORONTO (Bloomberg) - Canadian stocks declined the most in two weeks as crude oil and industrial metals prices fell on concern that a recovery in the global economy will stall, curbing demand for raw materials.
Natural-gas producer Canadian Natural R...
DATE: Jul 07, 2009
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The voracious take-up of Butterfield Bank's $200 million preference share offering has shown the local capacity and appetite for sound investments with an attractive yield.
The is the view of Greg Wojciechowski, president and CEO of the Bermuda Stock...
DATE: Jul 06, 2009
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AUTHOR:
Jonathan Kent
Banking proved to be the busiest sector on The Bermuda Stock Exchange (BSX) last week.
Butterfield Bank's preference shares boosted their value by $50 (4.3 percent) to $1,200, with 1,872 shares traded.
Meanwhile, the bank's common shares dropped 30 c...
DATE: Jul 06, 2009
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