76342 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Bermuda-based Assured Guaranty Ltd., the largest bond insurer by new guarantees, said Moody's Investors Service's review of its insurance grade for downgrade is inappropriate and may make it harder for cities and states to sell...
DATE: May 22, 2009
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US lawmakers realise that moves aimed at clamping down on offshore financial centres could backfire by hitting American consumers in the pocket.
That was the impression gained by Deputy Premier and Finance Minister Paula Cox from bilateral talks with...
DATE: May 22, 2009
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NEW YORK (Reuters) - US mortgage rates fell in the latest week, trekking closer to a record low set last month.
Interest rates on US 30-year fixed-rate mortgages fell to 4.82 percent for the week ending May 21, down from the previous week's 4.86 perc...
DATE: May 22, 2009
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NEW YORK (AP) — Another bad signal from the job market and concern over a possible downgrade of British government debt sent stocks sharply lower yesterday.
Major stock indicators slid more than 1.5 percent, cutting nearly 130 points off the Dow Jone...
DATE: May 22, 2009
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london (Bloomberg) — City of London Police arrested two men in connection with an alleged investment fraud worth £50 million ($78 million).
The two men, aged 40 and 43, were detained on charges of suspicion of conspiracy to defraud, money laundering ...
DATE: May 22, 2009
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WASHINGTON (AP) — The number of newly laid-off Americans requesting unemployment insurance dropped slightly last week after spiking due to auto lay-offs, while continuing jobless claims moved closer to seven million.
Jobs are likely to remain scarce ...
DATE: May 22, 2009
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The board of IPC Holdings has rejected a sweetened offer from its determined suitor and fellow Bermuda reinsurer Validus Holdings Ltd.
IPC urged its shareholders not to sell their stock to Validus, which has mounted a $1.69 billion hostile takeover b...
DATE: May 22, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd., the futures and options broker, took a $79.9 million non-cash charge against earnings, resulting in a wider quarterly net loss.
The fiscal fourth-quarter net loss expanded to $111.7 million, or 98 ...
DATE: May 22, 2009
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TORONTO (Reuters) - Toronto's main stock market index fell yesterday after a two-day rally as a drop in oil prices from six-month highs pressured energy shares.
Oil fell to settle at $61.05 a barrel from Wednesday's half-year high above $62 as signs ...
DATE: May 22, 2009
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SAN FRANCISCO (MarketWatch) - The financial storm ravaging the insurance industry has left it more vulnerable to real storms that may hit the US during this year's Atlantic hurricane season.
The National Oceanic and Atmospheric Administration's Weath...
DATE: May 22, 2009
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