76369 results returned for search: "" category "Business"
Two domestic companies —Belco Holdings Ltd. and Bermuda Press (Holdings) Ltd. — ended 2008 with a bang.
In a week which straddled the old year and 2009, both companies saw their share prices jump by around one fifth, to give The Royal Gazette / Bermu...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
NEW YORK (Reuters) - The US dollar rallied to a three-week high against the yen on the first trading day of 2009 on Friday after a strong performance on Wall Street encouraged risk appetite.
The dollar also gained versus the euro, after data showed d...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
NEW YORK (Reuters) - Shares of Bermuda-based property-casualty reinsurers, beaten down with other financial stocks in recent months, are poised to benefit from brighter business prospects in 2009.
Reinsurers are likely to be bigger beneficiaries than...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
TORONTO (Bloomberg) — Canada's dollar rose to a one-week high, following its biggest annual drop on record, as prices of crude oil, natural gas and nickel advanced.
The currency climbed one percent this week against its US counterpart as the Reuters/...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Just six days before he was charged with running a $50 billion Ponzi scheme, Bernard Madoff allegedly agreed to invest $10 million for a family that had turned an ice delivery business into one of the largest independent heatin...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
Bermuda is 'on sale' with reductions and discounts across the board in stores Island-wide.
That is according to Kristi Grayston, chairman of the retail division of the Chamber of Commerce and owner of Pulp & Circumstance, who said that despite the tr...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
CHARLOTTE, North Carolina (AP) — Storms weren't the only thing that battered insurance companies in 2008, and this year could be just as tough.
Perhaps the biggest event to shake the industry in 2008 was the sudden collapse of American International ...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — The life insurance industry's request to ease capital requirements may not be granted in time for the companies to apply the new standards to 2008 results, the US National Association of Insurance Commissioners said.
"We will n...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
NEW YORK (Reuters) - Wall Street's bid to rally from its worst year since the 1930s will be tested this week by the new year's first wave of likely dismal corporate news and possible roadblocks to President-elect Barack Obama's stimulus plan.
Investo...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
NEW YORK (Reuters) - Chrysler LLC received an initial $4 billion emergency loan from the US government, two days after the government completed a parallel payout to its larger rival General Motors Corp.
"This initial loan will allow the company to co...
DATE: Jan 05, 2009
|
CATEGORY:
Other
|
