76393 results returned for search: "" category "Business"
Many Island insurance bosses feel uncomfortable about the political situation in Bermuda, one senior executive told Global Reinsurance magazine.
The executive, who asked not to be named, added that the concerns were not sufficient to make most compan...
DATE: Jul 08, 2008
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AUTHOR:
Jonathan Kent
Insurers need to act now to protect their bottom lines against potentially catastrophic losses from nanotechnology - that is according to insurance research analysts Advisen.
Nanotechnology, which is the manufacture and manipulation of materials at m...
DATE: Jul 08, 2008
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NEW YORK (AP) - Stocks lost more ground in extremely volatile trading yesterday, as investors recoiled at a cautious economic outlook from a Federal Reserve official and the possibility of more financial troubles of Fannie Mae and Freddie Mac.
The ma...
DATE: Jul 08, 2008
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LONDON (AP) - Bradford & Bingley plc. (B&B) said on Friday it is revising its plans to raise new capital after US private equity fund Texas Pacific Group (TPG) pulled out of its agreement to invest more than $350 million in the mortgage banker.
TPG w...
DATE: Jul 07, 2008
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Bermuda is one of the world's top offshore financial services centres and an ideal place to set up hedge funds, according to a report in London-based publication Hedgeweek.
The report, entitled 'Bermuda continues to build on a strong reputation', quo...
DATE: Jul 07, 2008
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First Curacao International Bank Ltd. (FCIB) has increased its stake in Bermuda Commercial Bank Ltd. by 3.6 percent.
Its share in the bank now rises from 46.14 percent (2,056.001 shares) to 49.74 percent (2,861,577 shares), the Bermuda Stock Exchange...
DATE: Jul 07, 2008
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Argus Group Holdings Ltd. boosted its earnings to $15.5 million for the year ended March 31, 2008, according to its latest financial results.
Net premiums earned also rose by 5.7 percent, reflecting the group's continuing efforts to achieve acceptabl...
DATE: Jul 07, 2008
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LONDON (Reuters) - The euro hit a one-week lows versus the dollar on Friday, deflated after the European Central Bank (ECB) signalled it was not planning another rate rise and as US jobs data did not deliver a big downside surprise.
The ECB raised eu...
DATE: Jul 07, 2008
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Warren Buffett says that he is worried about stagflation. "We're right in the middle of it" he said, in an interview on Bloomberg. He is, of course, absolutely correct and leagues ahead of the denizens of Wall-Street analysts and economists who only ...
DATE: Jul 07, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) saw $3.7 million worth of shares traded last week.
During the course of the week Watlington Waterworks Ltd. saw its share price drop $1, while Argus Group Holdings Ltd saw its share price drop 80 c...
DATE: Jul 07, 2008
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