76379 results returned for search: "" category "Business"
London-based insurer Amlin yesterday said it expected to incur losses of $285 million linked to hurricanes Gustav and Ike.
More than half of those anticipated claims arise from business written through its Island-based unit, Amlin Bermuda. Amlin said...
DATE: Oct 21, 2008
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NEW YORK (Bloomberg) — Bermuda-based Nabors Industries Ltd., the world's largest onshore oil and natural-gas driller, said third-quarter profit fell 3.5 percent on a one-time investment charge and hurricane-related damages.
Net income dropped to $210...
DATE: Oct 21, 2008
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QUEBEC CITY (Reuters) — French Prime Minister Francois Fillon, addressing his country's vision for reforming the troubled world financial system, called yesterday for uniform rules that apply everywhere including in tax havens.
Fillon sought to flesh...
DATE: Oct 21, 2008
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NEW YORK (AP) - Wall Street surged on a burst of optimism yesterday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and comments from Federal Reserve Chairman Ben Bernanke. All the major indexes...
DATE: Oct 21, 2008
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Law firm Marshall Diel & Myers have recruited Kevin Taylor as a senior associate in the litigation department.
Mr. Taylor has considerable expertise in litigating commercial disputes and dealing with insolvency matters. He has made numerous appearanc...
DATE: Oct 20, 2008
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Standard & Poor's has affirmed the A+ financial strength rating on Ace Ltd. s core operating companies and their A- counterparty credit rating.
The agency's announcement on Friday came after the Zurich-based insurer, which has offices in Bermuda, ann...
DATE: Oct 20, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - Even as credit market strains show signs of easing, a barrage of earnings will steal the spotlight this week as Wall Street looks for a picture of how profits will fare in the face of a severe economic slowdown.
Stock investors w...
DATE: Oct 20, 2008
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The Bermuda Stock Exchange (BSX) has lent its backing to the The World Federation of Exchanges (WFE) over the importance of keeping stock exchanges open and working properly in the current global financial crisis.
The WFE board of directors released ...
DATE: Oct 20, 2008
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TORONTO (Reuters) - Brace yourself, but there's more bad news coming for Toronto stocks.
When companies release their third-quarter results over the next few weeks, the accompanying earnings forecasts are likely to provide some pretty gloomy reading ...
DATE: Oct 20, 2008
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Contrary to the claim made by US Consul General Gregory Slayton last week, Bermuda is not "technically" in a recession, Finance Minister Paula Cox has countered.
Ms Cox said that international business, the "mainstay" of the economy, saw two strong q...
DATE: Oct 20, 2008
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