76350 results returned for search: "" category "Business"
Montpelier Reinsurance Ltd. and Montpelier US Insurance Co. have been affirmed a financial strength rating (FSR) of A- (excellent) and issuer credit ratings
Concurrently, Best has affirmed the ICR of "bbb-" and all debt ratings of Montpelier Re Holdi...
DATE: Mar 19, 2009
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NEW YORK (AP) - The Federal Reserve is keeping Wall Street's big rally alive - and giving the Treasury market a boost as well.
The Fed said yesterday it will pump about $1 trillion into the economy, including the purchase of up to $300 billion of lon...
DATE: Mar 19, 2009
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Butterfield Bank's share price declined further by five cents (0.78 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank closed the day at $6.30, with 19,538 shares traded.
The Index, as a whole, dropped 8.74 points (0...
DATE: Mar 19, 2009
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NEW YORK (AP) - Fitch Ratings placed the BBB+ issuer default ratings of Bermuda-based White Mountains Insurance Group Ltd. on ratings watch negative.
The move also applies to the BBB+ issuer default ratings of its wholly owned intermediate holding co...
DATE: Mar 19, 2009
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WASHINGTON (Reuters) - The head of AIG said yesterday he was trying desperately to prevent the company from collapsing when he allowed the payment of $165 million in bonuses that have stoked widespread public outrage.
Edward Liddy, who took over as c...
DATE: Mar 19, 2009
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Standard & Poor's Ratings Services has lowered its counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its US-based intermediary holding company, Everest Reinsurance Holdings Inc., to BBB+ from A-.
The ratings agency Standard & Poo...
DATE: Mar 18, 2009
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I am in Madrid at a conference on satellite navigation. What is sure is the cell phone will be transformed into some sort of location device, that will be more or less precise depending on who it is intended for and the environment in which it is use...
DATE: Mar 18, 2009
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Householders will have the burden taken out of paying their electricity bills thanks to a new customer information system launched by Belco.
The Cayenta Utilities Customer Information System, which was implemented by the energy provider in January, a...
DATE: Mar 18, 2009
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LONDON (Reuters) - British Prime Minister Gordon Brown, lagging in opinion polls, said yesterday he wished he had done more to impose better regulation earlier and took full responsibility for his role in the economic crisis.
In an interview with the...
DATE: Mar 18, 2009
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TORONTO (Bloomberg) - Canadian stocks rose for a sixth day, led by oil producers and banks, after an unexpected increase in housing starts signaled stabilisation in the US economy.
Research In Motion Inc., maker of the BlackBerry mobile e- mail devic...
DATE: Mar 18, 2009
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