76350 results returned for search: "" category "Business"
A downgrade of the Government's debt rating would cost Bermuda taxpayers millions of dollars and Shadow Finance Minister Bob Richards does not want to see it happen.
After Moody's' announcement on Monday that it was putting the Island's bond ratings ...
DATE: Mar 18, 2009
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AUTHOR:
Jonathan Kent
WASHINGTON (Reuters) - Outraged US lawmakers proposed a special surtax yesterday on millions of dollars in executive bonuses at bailed-out insurer American International Group Inc amid howls of protest over the payouts.
The AIG affair threatens to un...
DATE: Mar 18, 2009
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Major countries such as the US and the UK are simply "passing the buck" by blaming offshore financial centres for the global economic crisis and taking steps to close them down.
That is the view of Sir Ronald Sanders, a former High Commissioner to th...
DATE: Mar 18, 2009
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SIOUX FALLS, South Dakota (AP) - I am sort of a public radio junkie, so if I am in my car and the kids have not usurped the radio dial, I am likely tuned to "Morning Edition", "Marketplace" or "Fresh Air." Unfortunately, my short daily commute often ...
DATE: Mar 18, 2009
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It proved to be a quiet day on The Royal Gazette/Bermuda Insurance Index (BSX), with no stocks being traded yesterday.
The Index opened and closed the day on 2,537.04.
The BSX Insurance Index, however, finished the day up 18.91 points (2.76 percent) ...
DATE: Mar 18, 2009
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NEW YORK (AP) - Investors restarted Wall Street's rally yesterday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction.
Major market indicators jumped more than two percent, including the Dow Jones indu...
DATE: Mar 18, 2009
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LUXEMBOURG (Bloomberg) - Louis Vuitton told the European Union's (EU) highest court that Google Inc. does not have the right to sell trademark-protected names to advertisers that trigger "sponsored links" when the name is used in an Internet search.
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DATE: Mar 18, 2009
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Meyer-Franklin Travel has promoted Bermudian Kim Every to the new position of general manager.
Ms Every will oversee the agency's day-to-day operations, direct the marketing and sales functions, manage relationships with travel vendors and help to fo...
DATE: Mar 18, 2009
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HELSINKI (AP) - Nokia Corp. said yesterday it will lay off 1,700 people worldwide to cut costs, as the global economic downturn strikes deeper into the mobile phone sector.
The world's top mobile phone maker said the job cuts will affect several sect...
DATE: Mar 18, 2009
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The US reinsurance arm of Bermuda-based Maiden Holdings Ltd. has been assigned an A- (excellent) financial strength rating from AM Best.
Maiden Reinsurance Company is the new name given to GMAC Direct Insurance Company, acquired as a shell by Maiden ...
DATE: Mar 18, 2009
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