76361 results returned for search: "" category "Business"
DAVOS, Switzerland (Reuters) - Creating "bad banks" may be the only solution to the worst financial crisis in generations, but the quid pro quo of government-led fixes may be more insular lending and a de-globalisation of finance.
After almost 100 ho...
DATE: Feb 02, 2009
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NEW YORK (Bloomberg) - Bermuda-based MF Global Ltd., the derivatives broker that lost 94 percent of its market value last year, said Simon Healy resigned as chief executive officer of European operations.
Laurence O'Connell, CEO of Asia-Pacific opera...
DATE: Feb 02, 2009
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The Argus Group is taking legal action to try to force the liquidation of two investment funds in an attempt to recover some of its life insurance policyholders' assets that were exposed to the Bernard Madoff debacle.
Argus filed a petition in a Caym...
DATE: Feb 02, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Chinese Premier Wen Jiabao said yesterday he had seen signs of a recovery in China's economic activity late last year after its runaway growth slowed abruptly.
"During the last ten days of December it started to get better. The goo...
DATE: Feb 02, 2009
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Argo Group International Holdings Ltd. has increased its loss estimates for Hurricane Ike by $15 million, following a string of Bermuda-based insurers who have done the same thing.
On Friday, the company also announced the formation of a Casualty and...
DATE: Feb 02, 2009
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Q. With all the other carmakers having such serious problems, shouldn't Toyota Motor Corp. stock be doing really well? — V.L., via the Internet
A. It is no pleasure ride for any automaker these days, even the company that surpassed General Motors Cor...
DATE: Jan 31, 2009
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Wanted: Cash accounts with decent returns. Investor focus in this unprecedented economic environment and capital market volatility remains attuned to using cash holding vehicles that provide liquidity, availability, safety, credibility and some, hope...
DATE: Jan 31, 2009
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TORONTO (Bloomberg) - Canadian stocks fell as a retreat in commodity and finance shares sent the main index to its longest monthly losing streak since 2001, after Canada's output shrank more than estimated and the US contracted the most since 1982.
E...
DATE: Jan 31, 2009
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A total of 7,800 shares worth $81,370 were traded on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
But the Index remained unchanged at 3,203.99, with only Butterfield Bank and BF&M Ltd. seeing any shares change hands.
Butterfield Ba...
DATE: Jan 31, 2009
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NEW YORK (Bloomberg) — US workers investing in 401(k) retirement savings plans have kept contributing throughout the financial crisis even as the value of their accounts plunged an average 27 percent, a Fidelity Investments survey said.
The average 4...
DATE: Jan 31, 2009
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