76374 results returned for search: "" category "Business"
Financial services regulator the Bermuda Monetary Authority has received the thumbs-up from the entities and professionals it oversees.
In its first external stakeholder survey, the BMA attracted a strongly positive rating, with 75 percent of respond...
DATE: Dec 08, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Jobs, profits and trade at British accountancy, law and recruitment firms declined at record rates in the last three months and are expected to fall faster in the next three as economic woes worsen, a study to be released today sho...
DATE: Dec 08, 2008
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HAMTRAMCK, Michigan (AP) — On Joseph Campau Avenue in this ramshackle but vibrant little downtown, they try to hide the fear that the auto industry, the source of their livelihoods, might one day collapse into a heap of steel and bankruptcy.
But stri...
DATE: Dec 08, 2008
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Bermuda-based bond reinsurer Ram Holdings Ltd. received a ratings blow as Moody's downgraded its reinsurance unit Ram Re's insurance financial strength rating to Baa3 from A3.
Moody's said the rating action reflected the expectation of greater losses...
DATE: Dec 08, 2008
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AUTHOR:
Jonathan Kent
It was a tough week's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
No fewer than four companies saw their share prices decline, with only two advancing.
Belco Holdings Ltd. fell 25 cents (1.51 percent) to $16.25, with 1,...
DATE: Dec 08, 2008
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NEW YORK (AP) — For the hundreds of camera-toting tourists who visit Wall Street every day, the New York Stock Exchange presents an imposing sight.
The building-sized American flag draped over the exchange's towering Corinthian columns. The sculpture...
DATE: Dec 08, 2008
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NEW YORK (Reuters) - Former American International Group Inc CEO Maurice (Hank) Greenberg said the insurer could fall apart unless management quickly came up with a unified recovery plan.
"You can't hold (together) an organisation that is drifting in...
DATE: Dec 08, 2008
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ATHENS, Greece (AP) — It's an insurer's nightmare: Heavily armed pirates, emboldened by their success in capturing cargo vessels, hijack a cruise ship with hundreds of well-heeled passengers and ask for massive ransoms.
It hasn't happened yet, but th...
DATE: Dec 08, 2008
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NEW YORK (Bloomberg) — The dollar rose against the euro for the first time in four days on Friday after the US payrolls report showed the biggest job losses in 34 years, increasing the haven appeal of the greenback.
Japan's yen posted its fifth weekl...
DATE: Dec 08, 2008
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CHICAGO (AP) — Chicago workers in the third day of a sit-in on the floor of their former workplace peered through the windows of a door yesterday, amazed by a mix of supporters, politicians and journalists who packed a foyer outside.
"We never expect...
DATE: Dec 08, 2008
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