76401 results returned for search: "" category "Business"
NEW YORK (AP) - Wall Street started the week with a mixed performance yesterday, as investors regained a cautious stance in response to a weaker-than-expected profit report from Bank of America Corp. (BofA), disappointing news from the Midwest bank N...
DATE: Apr 22, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index pushed higher for the sixth session in a row yesterday, propelled by robust energy shares as the price of oil hit yet another record high.
The oil and gas group climbed 1.7 percent as oil pr...
DATE: Apr 22, 2008
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Bermuda's Government is encouraging entrepreneurs to set up in business as money service providers, helping customers send money from one country to another.
This follows the announcement by Finance Minister Paula Cox of the enactment of the Money Se...
DATE: Apr 22, 2008
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Bermuda reinsurer Platinum Underwriters Holdings Ltd. yesterday reported a 44-percent rise in net income for the first quarter to $105.2 million.
Net investment income totalled $49.1 million and, although this figure was down 5.1 percent on the same ...
DATE: Apr 22, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - The Bank of England (BoE) unveiled an ambitious plan yesterday to swap banks' risky mortgage assets for £50 billion or more of government bills, in the latest bid to spare Britain from the ravages of a global credit crunch.
Central...
DATE: Apr 22, 2008
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The balance sheets of Bermuda's insurance companies are "in the best shape in years", according to a special report by credit rating agency AM Best.
A lack of catastrophes and solid investment returns over the past two years have allowed companies to...
DATE: Apr 22, 2008
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AUTHOR:
Jonathan Kent
Classified advertising website Sell.bm is officially relaunched today as it battles for business with rival e-Moo.
And computer expert Kevin De Silva, who is the mastermind behind the website, believes the Island can support both classified ad websit...
DATE: Apr 21, 2008
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Bermuda Commercial Bank was the big mover on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank saw its share value soar $2 (20 percent) to close on $12, with 5,800 shares traded.
The banking sector was particularly active, with...
DATE: Apr 21, 2008
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MINNEAPOLIS (AP) — In Brent Swanson's basement home theatre, there should be nothing drab about "Battlestar Galactica." He's got a high-end projector that beams the picture onto a wall painted like a silver screen, and speakers loom in the corners, f...
DATE: Apr 21, 2008
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ROME (Bloomberg) — International oil companies must improve their technological expertise to survive a trend of increasing nationalism among nations with energy resources, Eni SpA chief executive officer Paolo Scaroni said.
"The balance of power betw...
DATE: Apr 21, 2008
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