76379 results returned for search: "" category "Business"
NEW YORK (AP) — Wall Street pulled back yesterday as investors worried that companies' forecasts for the fourth quarter and beyond are signalling little easing of the weakness gripping the economy. After logging sharp gains the previous session, the ...
DATE: Oct 22, 2008
|
CATEGORY:
Other
|
To become a leading regulator the Bermuda Monetary Authority must continue to build and retain highly skilled staff across a variety of disciplines, the International Monetary Fund has urged as one of its key recommendations in a report on the Island...
DATE: Oct 22, 2008
|
CATEGORY:
Other
|
WASHINGTON (AP) — The Federal Reserve announced yesterday that it will provide up to $540 billion in financing to bolster the money market mutual fund industry, its latest effort to get credit flowing more freely again.
The Fed's new programme, calle...
DATE: Oct 22, 2008
|
CATEGORY:
Other
|
DETROIT (AP) — A potential deal for General Motors Corp. to acquire Chrysler LLC is slowly moving forward, but the transaction is being hampered by an inability to borrow the money needed to make it happen, according to a person involved in the finan...
DATE: Oct 22, 2008
|
CATEGORY:
Other
|
LONDON (Bloomberg) — Prudential Plc, the UK's second- largest insurer, said it may bid for Asian assets of American International Group Inc. to expand in a region where the British company gets almost half its sales.
New business for nine months to S...
DATE: Oct 22, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — AMR Corp.'s American Airlines, now in its third year of contract talks with its pilots union, is frustrated with the pace and depth of the negotiations, the carrier's lead labour executive said.
The Allied Pilots Association, w...
DATE: Oct 22, 2008
|
CATEGORY:
Other
|
Europe's largest hedge fund manager has established a presence on the Island by listing two of its funds on the Bermuda Stock Exchange (BSX).
BH Global Ltd. and BH Macro Ltd., both closer-ended feeder funds managed by Brevan Howard Offshore Managemen...
DATE: Oct 21, 2008
|
CATEGORY:
Other
|
SHANGHAI, China (AP) — The Chinese economy expanded by just nine percent in the third quarter, the National Statistics Bureau said, its most sluggish pace in five years.
After years of straining to meet soaring demand for its exports, China is grappl...
DATE: Oct 21, 2008
|
CATEGORY:
Other
|
The International Monetary Fund (IMF) has called for the Bermuda Monetary Authority to have more "direct intervention tools in the event of impending bank failure".
An IMF report on the Island's Financial Sector Supervision was released last Friday a...
DATE: Oct 21, 2008
|
CATEGORY:
Other
|
Allied World Assurance Company Holdings Ltd. announced yesterday that it has completed its acquisition of US-based specialty insurer Darwin Professional Underwriters, Inc.
Based in Farmington, Connecticut, Darwin will become part of Allied World's US...
DATE: Oct 21, 2008
|
CATEGORY:
Other
|
