76382 results returned for search: "" category "Business"
NEW YORK (Reuters) – US and British officials intervened to restore confidence in battered global financial markets yesterday, helping Wall Street bounce back to its best day in six years.
US Treasury Secretary Henry Paulson shopped a plan to create ...
DATE: Sep 19, 2008
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WASHINGTON (Bloomberg) — Covidien Ltd. warned doctors of a risk of leukemia after its drug Phosphocol P 32 was given in an unapproved manner.
Two children with haemophilia developed acute lymphocytic leukaemia about ten months after the drug was admi...
DATE: Sep 19, 2008
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Ariel Reinsurance Company Ltd. (Ariel Re) has appointed Ryan Mather to the newly created role of chief underwriter, property reinsurance.
In this role Mr. Mather will continue to lead Ariel Re's international property reinsurance business and will as...
DATE: Sep 19, 2008
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Platinum Underwriters Holdings Ltd. announced its initial loss estimate of about $15 million from Hurricane Gustav, net of reinstatement premiums and tax benefit.
The company's loss estimate from Gustav is preliminary and based on portfolio modelling...
DATE: Sep 19, 2008
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MIAMI (Bloomberg) — Carnival Corp., the world's biggest cruise-line company, reported third-quarter profit that fell less than analysts estimated and said advance reservations for the rest of this year and into 2009 slowed.
Net income declined 3.2 pe...
DATE: Sep 19, 2008
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Capital G will launch a new banking system on Monday, saying customers will be able to enjoy an improved banking service.
With Finacle, by Infosys, at the core of the bank's interface, Capital G said it will be able to provide more innovative product...
DATE: Sep 19, 2008
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The accounting community in Bermuda is mourning the loss of one of its most active and popular members and an industry leader following the death of Deloitte partner William A. (Bill) Jack earlier this week.
The offices of Deloitte in Bermuda will be...
DATE: Sep 19, 2008
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Bermuda's insurance industry bounced back yesterday after a tough day's trading on Wednesday in the wake of the American International Group (AIG) bailout by the US government.
Stocks were up across the board, with AIG climbing 31.22 percent (64 cent...
DATE: Sep 19, 2008
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NEW YORK (Bloomberg) — Investors withdrew a record $89.2 billion from money-market funds yesterday after Reserve Primary Fund became the first in 14 years to buckle under losses.
Institutions pulled $129.9 billion from accounts that can hold company ...
DATE: Sep 19, 2008
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The banking sector was hardest hit on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday in the aftermath of the AIG bailout by the US Government and Lehman Brothers filing for bankruptcy protection.
Butterfield Bank's share price dropped...
DATE: Sep 19, 2008
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