76382 results returned for search: "" category "Business"
Arch Capital Group Ltd. expects to lose between $105 million and $180 million, net of reinsurance and reinstatement premiums, in its third quarter pre-tax earnings as a result of the impact of Hurricanes Gustav and Ike
The Bermuda-based insurer's pre...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange fell 17.47 points yesterday to close at 3,970.73.
The BSX marked the 0.44 percent drop with only Butterfield Bank shares losing value.
BNTB closed at $12.50, dropping $0.10 after 10,280 shares changed hands.
I...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
HSBC is set to axe seven jobs in Bermuda in the wake of the recent financial crisis, a Bank of Bermuda spokesperson said yesterday.
The redundancies will be made in the bank's global banking and markets business.
HSBC Holdings revealed on Friday it w...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
WASHINGTON (AP) — In a vote that shook the government, Wall Street and markets around the world, the US House of Representatives yesterday defeated a $700 billion emergency rescue for the American financial system, leaving both US political parties a...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
Age: 28
Role: Owner and Operator of Lowe's Towing (Low Co.)
What is your job? Lowe's Towing, 24-hour Recovery Service. I am a tow truck operator and recovery specialist. I pick up disabled vehicles from breakdowns to accidents, unlocking vehicles, ju...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
WASHINGTON/NEW YORK (Reuters) — US lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as European authorities scrambled to prop up a slew of banks.
The Dow Jones industrial avera...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
TORONTO (Reuters) - The Toronto Stock Exchange's main index tumbled nearly 7 percent on yesterday, the biggest drop in eight years, as US lawmakers rejected a proposed $700 billion bailout of the financial services sector, sending investors fleeing f...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) — Wall Street's worst fears came to pass yesterday, when the government's financial bailout plan failed in Congress and stocks plunged precipitously — hurtling the Dow Jones industrials down nearly 780 points in their largest one-day po...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
Small businesses feel the pinch
Small business owners were bracing for tough times even before this month's economic upheaval, according to a new survey.
The Wells Fargo/Gallup survey, which polled small business owners three months ago, said its "op...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
XL Capital Ltd. could pay out up to $270 million in claims for Hurricanes Gustav and Ike, the Bermuda-based insurer revealed yesterday.
The insurance giant also announced that less than one-quarter of one percent of its investment portfolio was expos...
DATE: Sep 30, 2008
|
CATEGORY:
Other
|
