76384 results returned for search: "" category "Business"
Bermuda's Government has decided not to appeal after failing in its High Court bid to stop the Isle of Man changing its satellite frequency.
But a the Island will pursue "other avenues" to put the case before the International Telecommunications Unio...
DATE: Aug 21, 2008
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NEW YORK (Bloomberg) — Philadelphia Alternative Asset Management Co. and the hedge fund's founder, Paul Eustace, were ordered to pay almost $300 million by a federal court after US commodities regulators accused him of defrauding clients.
Eustace con...
DATE: Aug 21, 2008
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LOS ANGELES (Reuters) - China's Suntech Power Holdings Co Ltd reported a higher-than-expected 58-percent rise in quarterly earnings and lifted its 2008 revenue target on strong demand for solar energy, sending its shares up nearly 16 percent.
The com...
DATE: Aug 21, 2008
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Banking was the hardest hit sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Bermuda Commercial Bank Ltd. fell $1 (9.09 percent) to $10, with 300 shares changing hands.
Butterfield Bank also declined 15 cents (1.01 percent) t...
DATE: Aug 21, 2008
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NEW YORK (Bloomberg) — Hewlett-Packard Co. rose the most in six months as chief executive officer Mark Hurd reported better-than-anticipated earnings and a forecast that indicates the computer maker may be shielded from a slowing global economy.
Dema...
DATE: Aug 21, 2008
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NEW YORK (AP) - Wall Street scored a moderate gain after a volatile session yesterday that saw the major indexes ratchet up and down on the see-sawing price of oil and mixed feelings about the financial sector.
Concerns about mortgage financiers Fann...
DATE: Aug 21, 2008
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The Bank of Bermuda plans to reassign its call centre staff to other parts of the business after announcing plans to outsource the operation to Canada.
The bank said last year it would be moving its call centre to Markham, Ontario in a bid to improve...
DATE: Aug 21, 2008
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BEIJING (AP) — Chinese hurdler Liu Xiang will not make a claim against a 100 million yuan ($14.5 million) insurance policy after an injury forced him to pull out of the Olympics, a team official said yesterday.
Ping An Insurance Co. issued the person...
DATE: Aug 21, 2008
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Heritage Managing Agency plc, a member of Bermuda-based Argo Group International Holdings Ltd. yesterday named David Spiller as its new chairman.
Mr. Spiller succeeds John Kavanaugh, whose term of office as chairman concluded with Argo Group's acquis...
DATE: Aug 21, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index surged two percent yesterday, its biggest advance in three weeks, yanked higher by rallying resource shares as oil prices firmed.
Energy shares led the broad rally as the price of oil rose 4...
DATE: Aug 21, 2008
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