76379 results returned for search: "" category "Business"
LONDON (AP) — HSBC Holdings PLC, Europe's largest bank by market value, said on Monday it had been forced to write down the value of its assets by $4.9 billion in the third quarter, as the cost of bad loans in the US continued to mount and the credit...
DATE: Nov 12, 2008
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NEW YORK (Reuters) - Former American International Group Inc chief executive Maurice (Hank) Greenberg said yesterday the US government support for the giant insurer will have to continue until the hobbled company is back on its feet.
A day after AIG ...
DATE: Nov 12, 2008
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NEW YORK (AP) — Digital picture frames were a big item last Christmas. This holiday season, there will be an innovation on store shelves: a frame that can receive and display pictures straight from cell phones, (almost) no matter where they are.
It's...
DATE: Nov 12, 2008
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Students will be sharpening their pencils and their minds for the third annual Senior School Computer and Technology Quiz later this month.
The winning team members of the event, which is being held at the Ruth Seaton James Auditorium at CedarBridge ...
DATE: Nov 12, 2008
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A piece of Bermuda's history will be lost forever when Gosling's Ltd.'s St. George's store closes its doors for the last time at the end of this year.
Gosling's started its business in Water Street more than 200 years ago before moving to Hamilton. I...
DATE: Nov 12, 2008
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NEW YORK (Bloomberg) — General Motors Corp. plummeted to its lowest level in 62 years yesterday, after a Deutsche Bank AG analyst downgraded the shares on Monday, saying they may be worthless in a year.
"Even if GM succeeds in averting a bankruptcy, ...
DATE: Nov 12, 2008
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AIG "carried Bermuda on its shoulders" during the formative days of the Island's international business boom, former Premier Sir John Swan said yesterday.
In the week the insurance giant declared a third-quarter loss of more than $24 billion and the ...
DATE: Nov 12, 2008
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RICHMOND (AP) — Circuit City Stores Inc. filed for bankruptcy protection heading into the busy holiday season as analysts question whether the nation's second-biggest electronics retailer will be able to survive.
The company said it decided to file f...
DATE: Nov 12, 2008
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Scottish Re investors have won an award of $37.5 million in a class action lawsuit against the Bermuda-based company, several former officers and directors, its auditors and underwriters of two public offerings of the reinsurer's shares in 2005.
Amon...
DATE: Nov 12, 2008
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More businesses will shut up shop in St. George's, with Carole Holding Ltd.'s store on the main square closing last week, and The Royal Gazette understands AS Cooper & Sons Ltd. will not renew the lease on its store in town at the start of next year....
DATE: Nov 12, 2008
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