76354 results returned for search: "" category "Business"
Weatherford International Ltd. announced yesterday that its shareholders have approved its proposed re-domestication from Bermuda to Switzerland. In connection with the re-domestication Weatherford plans to relocate its principal executive offices fr...
DATE: Feb 19, 2009
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NEW YORK (AP) — Investors took scant comfort yesterday from the government's plans to revive the housing market and overall economy.
Wall Street ended with only modest changes after a steep sell-off on Tuesday on worries about the global economy and ...
DATE: Feb 19, 2009
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SAN FRANCISCO (AP) — Hewlett-Packard Co.'s quarterly profit dropped 13 percent, and sales ticked up just one percent, as even the technology company's cash-cow printer ink business was hobbled by the recession.
The world's top seller of personal comp...
DATE: Feb 19, 2009
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ST. JOHN'S, Antigua (AP) — Panicky depositors were turned away from Stanford International Bank and some of its Latin American affiliates yesterday, unable to withdraw their money now after US regulators accused Texas financier Allen Stanford of perp...
DATE: Feb 19, 2009
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The Bermuda Stock Exchange yesterday announced the approval of the listing of the Cadiz Dynamic Global Opportunities Fund Ltd.
The British Virgin Islands-registered fund's listing is for 499,500,000 class A and 499,500,00 class B shares with a par va...
DATE: Feb 19, 2009
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TORONTO (Reuters) - Toronto's main stock index fell broadly yesterday for a third straight session, touching a 2009 low, pressured by weak energy and financial issues and a slide by Rogers Communications Inc.
The heavily weighted financial services a...
DATE: Feb 19, 2009
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The banking sector suffered a bad trading day on The Royal Gazette / Bermuda Stock Exchange yesterday, forcing a drop of more than 50 points on the index.
The Bermuda Commercial Bank saw the biggest decline, tumbling $2, or 22.2 percent, to $7, as 3,...
DATE: Feb 19, 2009
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Bermuda-based Nordic American Tankers Ltd. yesterday boosted its earnings capacity with the delivery of its latest tanker, named Nordic Sprite.
The debt-free oil tanker operator has now expanded its fleet to 15 Suezmax tankers — so called because the...
DATE: Feb 19, 2009
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AUTHOR:
Jonathan Kent
Two new insurance companies incorporated in Bermuda in January, regulator the Bermuda Monetary Authority said yesterday. Class three Alphacat Reinsurance was established by Validus Managers Ltd., while class two Grand Indemnity Company Ltd. was set u...
DATE: Feb 19, 2009
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LONDON (AP) — Administrators who control the bankrupt Zavvi group of entertainment stores said yesterday they will close 18 more stores and put another 446 people out of work.
Zavvi, formerly Virgin Megastores, collapsed on Decemebr 24 and the compan...
DATE: Feb 19, 2009
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