76382 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — American International Group Inc. intends to repay an $85 billion Federal Reserve loan before the two-year deadline and may decide which assets to sell within weeks, said Edward Liddy, who was appointed by the government to run...
DATE: Sep 19, 2008
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Bermuda-based offshore law firm Appleby is set expand east with the opening of new offices in Dubai and Zurich in Switzerland.
The legal firm plans boost its global network by launching the two offices which will further extend the services it offers...
DATE: Sep 19, 2008
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NEW YORK (Bloomberg) — Billionaire Warren Buffett and Maurice (Hank) Greenberg may find bargains as the US government opens up American International Group Inc., the biggest US insurer, for a rummage sale.
AIG will probably sell assets to raise cash ...
DATE: Sep 19, 2008
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NEW YORK (AP) - Wall Street rallied in a stunning late-session turnaround yesterday, shooting higher and hurtling the Dow Jones industrials up 400 points following a report that the federal government might create an entity to absorb banks' bad debt....
DATE: Sep 19, 2008
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Businesses can boost their public profiles thanks to two former Bermuda-based journalists who have set up a new communications company offering specialist writing and public relations consultancy services to the reinsurance and risk management sector...
DATE: Sep 19, 2008
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Warwick has a new hardware store, following the grand opening of Sargasso Supplies on Saturday.
The store is located in the Middle Road premises formerly occupied by Fisher's Hardware.
Sargasso is part of the Liquid Group of companies, which also com...
DATE: Sep 19, 2008
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AUTHOR:
Jonathan Kent
TORONTO (Bloomberg) - Canadian stocks snapped a three-day slump that pushed the main index into a bear market as financial shares and energy companies rose after oil gained and central banks agreed to pump $247 billion into the financial system.
Bank...
DATE: Sep 19, 2008
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Hiscox Ltd. (Bermuda) has seen its operating companies upgraded by AM Best Co.
Best upgraded all of their financial strength ratings (FSR) to A (excellent) from A- (excellent) and the issuer credit ratings (ICRs) to "a" from "a-".
The operating compa...
DATE: Sep 19, 2008
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Two of Britain's biggest insurers are considering moving their headquarters offshore in an effort to cut their tax bills, The Financial Times reported yesterday.
But RSA Insurance, the UK's second-largest general insurer, and life assurance Prudentia...
DATE: Sep 19, 2008
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TORONTO (Bloomberg) - Canadian stocks fell into a bear market, as Manulife Financial Corp. led financial firms on their steepest decline in eight years, after saying that it will write down investments with US banks and insurers.
Sun Life Financial I...
DATE: Sep 18, 2008
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