76393 results returned for search: "" category "Business"
TORONTO (Reuters) - Canadian-listed stocks have tumbled almost ten percent from their record high in less than a month, and market watchers say there is a real possibility of a slide into bear territory, as measured by a 20-percent drop.
"I can't rul...
DATE: Jul 14, 2008
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Annuity and Life Re (Holdings) Ltd. reported a net loss of $212,458 or one cent per share for the three months ended June 30.
The reinsurance company, which had made a net loss of $92,056 for the same period last year, also recorded a net loss of $29...
DATE: Jul 14, 2008
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NEW YORK (Bloomberg) — The dollar dropped to within a cent of the all-time low against the euro on concern losses at Fannie Mae and Freddie Mac may deepen even after policy makers said the companies aren't facing a government takeover.
The currency p...
DATE: Jul 14, 2008
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The Lemon Tree Cafe has been taken over by a new management team, The Royal Gazette can exclusively reveal.
Former Fairmont Southampton chief concierge Brendan Huttick is now running the popular eatery that was started from scratch six years ago by b...
DATE: Jul 14, 2008
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Bermuda's property market is not suffering from the same slump in house sales affecting the US, says one of the Island's top realtors.
Susan Thompson, agency manager at Coldwell Banker Bermuda Realty, claims that while Bermuda may not be immune from ...
DATE: Jul 14, 2008
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It proved to be a quiet month for new incorporations in Bermuda, with only two reinsurance companies setting up in June. The firms were both Class 3 reinsurers, Tiberius Reinsurance Co. Ltd., which formed on June 11, and Cavu Re, which started up on ...
DATE: Jul 14, 2008
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WASHINGTON (Bloomberg) — Treasury Secretary Henry Paulson sought blanket authority from Congress to buy equity stakes in and lend to Fannie Mae and Freddie Mac, aiming to stem the collapse of confidence in the largest sources of US mortgage financing...
DATE: Jul 14, 2008
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Air Care has donated $3,000 (plus $1,100 from anonymous donations) to help six-year old Sharwin Fubler Jr travel to Boston for follow-up cancer treatments.
Air Care's general manager Robert Platt said: "Sharwin was diagnosed with a serious form of ca...
DATE: Jul 14, 2008
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Aon Corp., Marsh & McLennan (M&M) and Willis Group Holdings are the top three global brokers, according to a survey by rating agency AM Best's Best Review magazine.
The firms, which all have offices in Bermuda, came out top of the pile, with Aon boas...
DATE: Jul 14, 2008
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A record number of students attended the annual Bermuda International Business Association's College Student Networking Event (CSNE).
This is the tenth year BIBA has staged it and a record total of 206 students pre-registered for the event, with more...
DATE: Jul 14, 2008
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