76374 results returned for search: "" category "Business"
NEW YORK (AP) - A stock market gaining confidence in the nation's financial system bolted higher yesterday, propelling the Dow Jones industrials and Standard & Poor's 500 index to their first four-day advance since last spring.
The market reversed lo...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
Ace Ltd. has launched a new Swiss-based subsidiary to manage the insurance and reinsurance business of the Zurich branch.
Ace Insurance (Switzerland) Ltd.'s main goal is to further strengthen Ace's position in the Swiss market, the company said in a ...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
It proved to be a day of losses on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than two companies seeing their share prices fall.
Argus Group Holdings Ltd. dropped 10 cents (one percent) to $9.90, with 2,100 shares t...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
Focusing on the core business and what the company does best is integral to succeeding during any financial crisis. That is the view of Kenneth LeStrange, CEO of Endurance Speciality Holdings Ltd., who said that while a number of firms may have suffe...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
LONDON (AP) — As joblessness spreads in Britain the government has a new problem to tackle — soaring individual credit card debt, which is more than eight times higher in Britain than in France, Spain, Germany and Italy.
Free-spending Britons have th...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
ZURICH (Bloomberg) — The Swiss National Bank said a special purpose vehicle it plans to set up to buy troubled assets of UBS AG, the country's largest bank, will be domiciled in the capital Bern, rather than in the Cayman Islands as originally planne...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
BEIJING (AP) — China announced its biggest interest rate cut in 11 years yesterday to spur private borrowing and support a multibillion-dollar stimulus package to boost slowing economic growth.
The 1.08 percentage-point rate cut — the fourth cut in t...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
OTTAWA (Reuters) - The Canadian government, fending off complaints it is moving too slowly on a stimulus package for the economy, said yesterday it would probably deliver its economic boost faster than the US.
Today's fall economic and fiscal update ...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
Only two issues traded yesterday as The Royal Gazette / Bermuda Stock Exchange index dropped a third of a percentage point.
The vast majority of trading activity centred on Butterfield Bank, with 46,500 shares changing hands as the bank fell five cen...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
BERLIN (AP) — Chancellor Angela Merkel said Wednesday that Germany faces a "year of bad news" in 2009 but insisted her government will do what is necessary to ensure Europe's biggest economy weathers the financial crisis.
Germany fell into recession ...
DATE: Nov 27, 2008
|
CATEGORY:
Other
|
