76379 results returned for search: "" category "Business"
LONDON (Reuters) - British mortgage approvals rose last month for the first time in over a year, data showed yesterday, but analysts cautioned the marginal pick up from August's record low did not portend a housing market recovery.
Mortgage lending l...
DATE: Oct 30, 2008
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Current economic woes are translating directly into more stress in the workplace as employees worry about the fate of their jobs, their companies and their families in addition to the usual inter-office politics and frustrations.
But challenges can b...
DATE: Oct 30, 2008
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Bermuda and Germany have begun talks on a tax information exchange agreement.
A Government statement sent out last night said officials from the Finance Ministry and the Attorney General's Chambers had concluded the first round of negotiations on the...
DATE: Oct 30, 2008
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AUTHOR:
Jonathan Kent
Rebalance your finances during these tough economic times to reap the rewards in the long-term.
That was the message from North Atlantic Asset Management's investment manager Miguel DaPonte to the Chamber of Commerce members attending a meeting held ...
DATE: Oct 30, 2008
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Bermuda-based Aspen Insurance Holdings Ltd. yesterday reported a net loss for the third quarter of $116.7 million as it suffered the effects of pay-out claims on Hurricanes Gustav and Ike and exposure to Lehman Brothers investments.
The insurer, whic...
DATE: Oct 30, 2008
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Net income: Loss of $116.7 million compared to a profit of $117.2 million in 2007
Combined ratio: 123.3 percent compared to 84.5 percent in 2007
Gross premiums written: $441.3 million compared to $373.5 million in 2007.
DATE: Oct 30, 2008
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NEW YORK (Bloomberg) - Bermuda-based MF Global Ltd., the derivatives broker that lost 90 percent of its market value this year, said chief executive officer Kevin Davis resigned and was replaced by Bernard Dan.
Mr. Dan, 47, joined MF Global in June a...
DATE: Oct 30, 2008
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LONDON (Bloomberg) — Bermuda-based Invesco Ltd., manager of Aim and PowerShares funds, said third-quarter earnings fell 21 percent as global equity markets declined the most in six years and investors pulled money from their accounts.
Net income decl...
DATE: Oct 30, 2008
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Mortgage holders received a boost yesterday when both the Bank of Bermuda and Capital G Bank announced a 0.5 percent cut in lending rates.
The banks' action followed yesterday afternoon's move by the US Federal Reserve to cut its influential Fed Fund...
DATE: Oct 30, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - British finance minister Alistair Darling said governments must adapt their economic policies to tackle the fallout from the financial crisis, as speculation grows Britain is preparing to abandon its fiscal rules limiting borrowing...
DATE: Oct 30, 2008
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