76374 results returned for search: "" category "Business"
NEW YORK (AP) - Wall Street withstood another stream of bad economic readings yesterday, closing sharply higher as investors shuttled between pessimism about the recession and hopes that the nation might start seeing relief soon. The major indexes sa...
DATE: Dec 04, 2008
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Insurer and reinsurer Hiscox said yesterday it would close a Bermuda-based specialist unit that it opened just three months ago, with the loss of two local jobs.
Robert Childs, chief executive officer of the company's Bermuda operations, said Hiscox ...
DATE: Dec 04, 2008
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AUTHOR:
Jonathan Kent
BOSTON (Reuters) - Fortress Investment Group LLC told investors yesterday that they won't be able to get their money back for a while, becoming the latest hedge fund firm to suspend redemptions as investors try to exit.
Fortress, one of only a small ...
DATE: Dec 04, 2008
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DETRIOT (Bloomberg) — Chrysler LLC President James Press said that the company's "back is against the wall" as it seeks government aid and that the US economy would fall into a depression should one of the nation's automakers fail.
Unless Chrysler ge...
DATE: Dec 04, 2008
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BEIJING (AP) — The US and China are headed for a possible clash over currency as they open wide-ranging talks on the future of their economic relations.
US officials say Treasury Secretary Henry Paulson will press Beijing to let its yuan rise against...
DATE: Dec 04, 2008
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BF&M Ltd. enjoyed a successful day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurer boosted its share price by 25 cents (1.47 percent) to $17.25, with 900 shares changing hands.
The Index as a whole closed up 3...
DATE: Dec 03, 2008
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In the run up to Christmas here are a couple of gift ideas. For those who might tend to consume too many swizzles the iBreath Alcohol Breathalyzer for the iPod makes good sense. The iPod accessory lets you take your own alcohol breath test to check w...
DATE: Dec 03, 2008
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DETROIT (Reuters) - Ford Motor Co yesterday asked Congress for up to $9 billion in a government credit line to support its restructuring, saying it expects to break even or be profitable in 2011.
The news sent shares in Ford, considered to be the str...
DATE: Dec 03, 2008
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SAN FRANCISCO (Bloomberg) — Hewlett-Packard Co., the world's largest personal-computer maker, wants to capitalise on a three-year overhaul of its technology operations by persuading customers to follow its lead.
The company held events for more than ...
DATE: Dec 03, 2008
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The latest state-of-the-art office building in Hamilton is setting the standards for business developments across Bermuda.
The Power House, which is currently being constructed at 7 Par-la-Ville Road, is glass panelled on all four sides allowing ligh...
DATE: Dec 03, 2008
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