76379 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange fell 160.85 points yesterday — a 2.75 percent decline — to close at 3,776.49.
Both Butterfield Bank and KeyTech saw shares decline.
Butterfield Bank fell $0.80 (6.17 percent) after 1,000 shares traded, closing...
DATE: Oct 23, 2008
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NEW YORK (AP) — Wall Street tumbled again yesterday as investors worried that the global economy is poised to weaken even as parts of the credit market slowly show signs of recovery. The major indexes fell more than 4 percent, including the Dow Jones...
DATE: Oct 23, 2008
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NEW YORK (Bloomberg) — Willis Group Holdings Ltd., the world's third-largest insurance broker, posted a 46 percent drop in profit, cut its earnings forecast for this year and said goals for 2009 and 2010 are being reviewed.
Net income for the third q...
DATE: Oct 23, 2008
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The ISIS Group announced this week that it has expanded its operations to include a new Bermuda law firm, ISIS Law, in association with Bermudian lawyer, Marco Montarsolo.
Sharon Beesley, co-founder of The ISIS Group and senior counsel to ISIS Law, s...
DATE: Oct 23, 2008
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The US stock markets have reached a bottom and the short-term rally will continue as credit shows signs of easing up and investors get back into the market.
That is according to LOM's Economic Forecast drawn up by its Investment Policy Committee this...
DATE: Oct 23, 2008
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Keiva Maronie of law firm Trott and Duncan has been called to the Bermuda Bar.
Ms Maronie, from Southampton Parish, has qualifications from the University of Kent and University of Westminster, in England, and completed her pupilage at Trott and Dunc...
DATE: Oct 23, 2008
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AUTHOR:
Tim Smith
TORONTO (Reuters) - The Toronto Stock Exchange's main index closed nearly 6 percent lower yesterday as resource issues sank along with commodity prices on concerns a global economic slowdown will slash demand, while worries over corporate earnings ad...
DATE: Oct 23, 2008
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A group of 16 Bermudian insurance executives spent last week visiting and learning about the London insurance market. They travelled to London under the auspices of the "Under 40s", an informal association of younger members of the Bermuda market. Of...
DATE: Oct 23, 2008
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NEW YORK (Bloomberg) — Bermuda-based Nabors Industries Ltd., the world's largest onshore oil and natural-gas driller, said it expects its active rig count to drop by 40 to 50 starting next year because of the slumping natural-gas market.
The estimate...
DATE: Oct 23, 2008
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TORONTO (AP) — Canada's central bank cut its key interest rate by a quarter-point yesterday, saying Canada needs the stimulus to ward off the effects of a US already in recession and a global economy heading there.
The cut to 2.25 percent follows an ...
DATE: Oct 22, 2008
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