76393 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — The dollar declined to a two-week low against the euro and the yen after the Federal Reserve gave no indication it will start reversing the most aggressive series of cuts in two decades.
The greenback dropped for a second week ...
DATE: Jun 30, 2008
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NEW YORK (Bloomberg) — Bermuda-based Accenture Ltd., the world's second-largest technology-consulting firm, rose the most in six months in New York trading after boosting its earnings forecast as it takes on more outsourcing work.
Profit will climb t...
DATE: Jun 30, 2008
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KeyTech boosted its profits by more than $5 million and its total revenue by $3.1 million to $108.5 million, driven by growth in its data, cellular and fixed wireless business.
Net income for the year ending March 31, 2008, was $14.6 million up from ...
DATE: Jun 30, 2008
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TORONTO (Reuters) - Soaring oil prices could become a double-edged sword for Toronto's resource-laden stock market, as the threat of rising inflation begins to nag at the index amid growing economic worries around the world.
Up until recently, the S&...
DATE: Jun 30, 2008
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NEW YORK (Bloomberg) — American International Group Inc. plans to absorb losses for a dozen insurance units after their securities-lending accounts suffered $13 billion of write-downs tied to the sub-prime-mortgage collapse during the past year.
The ...
DATE: Jun 30, 2008
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Bermuda-registered Norwegian offshore drilling contractor Seadrill Ltd. has received a contract extension for its deepwater semi-submersible drilling rig West Sirius from Devon Energy.
Devon Energy exercised an option to extend its contract for the r...
DATE: Jun 30, 2008
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European property investment company Ciref Europe Ltd. has seen the listing of 49,999,000 of its Class A shares approved by the Bermuda Stock Exchange Index (BSX).
Ciref Europe, which was incorporated at the start of May 2007 in the British Virgin Is...
DATE: Jun 30, 2008
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Like many executives of Bermuda's global reinsurers, Flagstone Re chairman Mark Byrne's job often involves flying to far-flung corners of the globe in a private jet.
Unlike most executives, however, Mr. Byrne often pilots the plane himself.
A self-co...
DATE: Jun 30, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - A Chinese fund manager has won a lunch with famed US investor Warren Buffett after bidding $2.11 million for the opportunity in a charity auction, more than three times what the lunch fetched last year.
Zhao Danyang, who runs Hon...
DATE: Jun 30, 2008
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NEW YORK (AP) — Even for an industry awash in bad news, the newspaper business went through one of its most severe retrenchments in recent memory last week.
Half a dozen newspapers said they would slash payrolls, one said it would outsource all its p...
DATE: Jun 30, 2008
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