76384 results returned for search: "" category "Business"
NEW YORK (AP) - Wall Street slid yesterday as downbeat news from JPMorgan Chase & Co. and other financial companies lifted the market's anxiety about the continuing impact of the credit crisis on the economy. The Dow Jones industrials fell nearly 140...
DATE: Aug 13, 2008
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One of Bermuda's former favourite watering holes, MR Onions, has been turned into a state-of-the-art office and home to newly-incorporated re/insurer Canopius (Bermuda) Limited.
MR Onions, which was based at Atlantic House in Par-la-Ville Road, shut ...
DATE: Aug 13, 2008
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Most insurance company bosses believe a focus on enterprise risk management (ERM) can enhance their businesses — but they are struggling to effectively implement it company-wide.
That was one of the findings of a global survey of the insurance indust...
DATE: Aug 13, 2008
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AUTHOR:
Jonathan Kent
Bermuda's retail sector continued to show weakness in June as Government's retail sales Index edged up just 1.2 percent in June.
After adjusting for retail inflation, sales fell four percent – the fourth decline in volume recorded in the last six mon...
DATE: Aug 13, 2008
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Trading resumed at The Royal Gazette/Bermuda Stock Exchange yesterday after two days of zero trades.
Yesterday 12,535 shares were traded on the Index, which dipped by 1.94 percent to finish at 4,493.83.
Bermuda Press Holding Ltd.'s saw its share pric...
DATE: Aug 13, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index closed lower yesterday as financial shares fell on worries over more losses related to the credit crunch, offsetting a rebound by gold producers.
Bay Street's financials were caught up in mo...
DATE: Aug 13, 2008
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GENEVA (AP) — UBS AG, one of the hardest hit banks in the sub-prime mortgage crisis, said yesterday that it lost 358 Swiss francs ($331 million) in the second quarter as it took another $5.1 billion hit in write-downs.
The net loss for Switzerland's ...
DATE: Aug 13, 2008
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LONDON (AP) — House sales in Britain have dropped to a record low, though asking prices are becoming more realistic, the Royal Institute of Chartered Surveyors said yesterday.
The average number of transactions per surveyor in the May-July quarter wa...
DATE: Aug 13, 2008
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LONDON (AP) — BP said it shut down an oil pipeline that runs through Georgia yesterday as a precautionary measure, but added that it is unaware of any Russian bombings on pipelines in the region.
BP said the 90,000-barrel-a-day pipeline to Supsa on G...
DATE: Aug 13, 2008
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Oil Insurance Limited, a mutual insurance company which serves the energy industry, announced it has reduced its premium payable amount by 7.5 percent.
The company provides a broad form of coverage and insures risks such as physical damage to proper...
DATE: Aug 13, 2008
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