76393 results returned for search: "" category "Business"
A small percentage of web users were out of luck yesterday afternoon, as service went down. But most of the Internet service providers on the Island reported nothing wrong.
Cable and Wireless, Logic, TeleBermuda International and Transact Internet Se...
DATE: Jul 15, 2008
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WASHINGTON (AP) — The Federal Reserve is moving closer to giving home buyers more protection from the types of shady lending practices that have contributed to the housing crisis and propelled foreclosures to record highs.
Chairman Ben Bernanke and h...
DATE: Jul 15, 2008
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HSBC, which owns the Bank of Bermuda, has been labelled the top bank in the world.
According to Banker Magazine HSBC topped the list because of its Tier 1 capital and profit before tax. It is the first time a non-US bank topped the list since 1999.
T...
DATE: Jul 15, 2008
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LONDON (Bloomberg) - Prime Minister Gordon Brown said his government is ready to provide more help for households as the economic slowdown deepens, and held out the prospect of an end to soaring food prices.
Voters are deserting the ruling Labour Par...
DATE: Jul 15, 2008
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ST. LOUIS (AP) — Anheuser-Busch, the maker of Budweiser and Bud Light, has agreed to a takeover by a giant Belgian brewer, a union that creates a global beer leader and brings to an end one of the most iconic names in American business.
The board of ...
DATE: Jul 15, 2008
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Willis North America chief executive officer Don Bailey yesterday called for the insurance industry to end contingent commissions.
Speaking at a public hearing in Buffalo, New York, Mr. Bailey told representatives of the New York Superintendent of In...
DATE: Jul 15, 2008
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NEW YORK (AP) — Wall Street extended its slump into yet another week yesterday as investors worried that even a safety net set up for mortgage financiers Fannie Mae and Freddie Mac won't head off further troubles in the financial markets.
Investors' ...
DATE: Jul 15, 2008
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NEW YORK (AP) — Investors can't seem to catch a break — Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing.
None of the troubles that have rocked the market over t...
DATE: Jul 14, 2008
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WASHINGTON (Reuters) - US securities regulators are boosting efforts to stop the spread of false rumours that threaten financial institutions, after a week that saw steep slides in the shares of Fannie Mae, Freddie Mac and Lehman Brothers.
In an unus...
DATE: Jul 14, 2008
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PartnerRe has announced that its subsidiary, Partner Reinsurance Europe Ltd., has been given the green light by Brazilian reinsurance authority SUSEP to operate as an admitted reinsurer in the country.
The announcement follows PartnerRe's decision in...
DATE: Jul 14, 2008
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