76339 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — A lawyer for American International Group sought to assail the credibility of former chief executive officer Maurice (Hank) Greenberg at a trial over whether his private company looted $4.3 billion from AIG.
Attorney Ted Wells ...
DATE: Jun 23, 2009
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The worst of the economic crisis is over, according to HSBC chief economist Ian Morris, at least for the US economy. Making a presentation yesterday for finance executives, Mr. Morris said he was upbeat on near future prospects for the first time in ...
DATE: Jun 23, 2009
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TORONTO (Reuters) - Toronto's main stock index sank more than four percent yesterday to its lowest level in more than a month as falling commodity prices hit the resource-heavy TSX just after investors had thought the worst was over.
Concerns about a...
DATE: Jun 23, 2009
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There was no change yesterday on Bermuda Stock Exchange (BSX).
Butterfield Bank was the only issuer to trade and closed unchanged on $5.45, as 9,415 shares changed hands.
The Royal Gazette/BSX Index remained at 2,363.23.
Volume was 9,415 shares and t...
DATE: Jun 23, 2009
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An improving economy in the US is unlikely to lessen pressure on the Obama government to crack down on perceived tax havens, according to HSBC chief economist Ian Morris, writes Tania Targett.
"Overall that strategy of the US government has persisted...
DATE: Jun 23, 2009
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NEW YORK (Bloomberg) — Goldman Sachs Group Inc. and Societe Generale SA extracted about $11.4 billion from American International Group Inc. before the insurer's collapse as the firms demanded to hold cash against losses on mortgage-linked securities...
DATE: Jun 23, 2009
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NEW YORK (AP) - A surprisingly bleak forecast for the world economy sent stocks tumbling to their lowest level this month.
Major stock indexes dropped by more than two percent yesterday, sending the Dow Jones industrial average down 201 points, after...
DATE: Jun 23, 2009
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Bermuda's economy has fared better than most through the financial crisis, but faces tough challenges ahead, according to Butterfield Bank chief executive officer Alan Thompson.
Commentating on a panel at the Bermuda Captive Conference, Mr. Thompson ...
DATE: Jun 23, 2009
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AUTHOR:
Jonathan Kent
Performing daredevil rescue missions on the high seas in the eye of a storm may not seem to have much in common with Bermuda's captive industry on the face of it.
But Larry Brudnicki, coast guard captain and key note speaker at the Bermuda Captive Co...
DATE: Jun 23, 2009
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LONDON - Britain's FTSE 100 share index ended 2.57 percent lower, as falling commodity prices pressured miners and oil majors, although Anglo American was boosted by news of Xstrata's proposed merger talks. The FTSE 100 closed down 111.88 points at 4...
DATE: Jun 23, 2009
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