76341 results returned for search: "" category "Business"
The Royal Gazette / Bermuda Stock Exchange (BSX) Index was unchanged yesterday, after a quiet session of trading.
The only domestic companies to see trading activity were Butterfield Bank, which remained unchanged on $5.55, and KeyTech Ltd., which st...
DATE: May 29, 2009
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ZURICH (Bloomberg) — Swiss Reinsurance Co. said reinsurance taken out by primary insurers hurt by the financial crisis to bolster capital will jump this year to $10 billion, or about five percent of the industry's sales.
Swiss Re and Munich Re are am...
DATE: May 29, 2009
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LONDON - Britain's leading shares fell 0.65 percent as renewed jitters over the health of the financial sector hit banks and offset gains by heavyweight oils. At the close the FTSE 100 was 28.69 points lower at 4,387.54, snapping two sessions of gain...
DATE: May 29, 2009
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OSLO (Bloomberg) — Northern Offshore Ltd., a Norwegian oil drilling company, said net profit for the first quarter declined to $3.6 million from $9.5 million in the year earlier period, the Bermuda-based company said in a statement published on its w...
DATE: May 29, 2009
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LONDON (AP) — Net mortgage lending in Britain hit the lowest level in eight years in April while savings growth remained subdued, the British Bankers Association said yesterday, suggesting the Bank of England's massive cash injections into the econom...
DATE: May 28, 2009
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DETROIT (AP) — A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw a plan to swap bond debt for company stock yesterday.
GM has until Monday to complete a government-ordered restructur...
DATE: May 28, 2009
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LONDON (AP) — British telecom BT Group PLC has scrapped pay rises and most bonuses for 2008, the company said yesterday, after two profit warnings from the unit that provides network services to multinationals.
BT said there would be no bonuses paid ...
DATE: May 28, 2009
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Argus Group Holdings Ltd. yesterday announced it had agreed in principle to settle a class action lawsuit pending in a New York court relating to losses stemming from the Bernard Madoff fraud.
The case had been brought against Argus and Argus Interna...
DATE: May 28, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — American International Group Inc., the insurer bailed out by the US, should require candidates for its top job to release the same personal financial data the government demands from senior officials, a congressman said.
Anyone...
DATE: May 28, 2009
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LONDON (AP) — Banco Santander SA said yesterday that it plans to bring all of its UK operations under the Santander brand by the end of next year.
The Spanish bank owns three UK businesses: Alliance & Leicester, Abbey and the savings business of Brad...
DATE: May 28, 2009
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