76412 results returned for search: "" category "Business"
NEW YORK (Bloomberg) - MBIA Inc. and Ambac Financial Group Inc., the bond insurers hobbled by $10 billion of writedowns on sub-prime debt last year, said losses continued into 2008.
Ambac marked down the value of derivative contracts linked to sub-pr...
DATE: Mar 04, 2008
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Bermuda has dropped three places in the world rankings for financial centres, according to the latest Global Financial Centres Index released this month.
The Index, which is published by the City of London and written by Z/Yen Group, ranks financial ...
DATE: Mar 04, 2008
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The Reefs Club is not the only residence club offering the benefits of fractional ownership to overseas visitors.
Tucker's Point Club, the Newstead Belmont Hills Gold Resort and Spa, the Horizons and Cottages Resort and the Coral Beach and Tennis Clu...
DATE: Mar 03, 2008
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Challenging times and difficult choices. The prospects for the US economy continue to be a principal focus of attention for investors around the world. And, of course, problems in the financial system, particularly in the United States, are also a so...
DATE: Mar 03, 2008
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NEW YORK (AP) - Bermuda-based Security Capital Assurance Ltd. (SCA) expects to report $1.5 billion in credit costs for the fourth quarter, raising the spectre that the bond insurer is all but finished as a viable company.
The beleaguered bond insurer...
DATE: Mar 03, 2008
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Bermuda Press Holdings Ltd. reported a 17-percent rise in full-year profits in 2007, on the back of a $1.6 million rise in revenue.
The parent company of The Royal Gazette announced on Friday that net income totalled $2.7 million in the 12 months end...
DATE: Mar 03, 2008
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AUTHOR:
Jonathan Kent
Bermuda-domiciled holding company Security Capital Assurance Ltd. (SCA) has appointed Susan Comparato as general counsel.
Ms Comparato will continue to report to CEO, Paul Giordano, and will be responsible for SCA's dealing with all regulatory instit...
DATE: Mar 03, 2008
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Bermuda law firm Marshall Diel & Myers has extended its global reach by reaching a cooperation agreement with London-based firm Edwards Angell Palmer & Dodge UK LLP (EAPD)
A joint statement today said the arrangement will allow the two firms to prov...
DATE: Mar 03, 2008
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MONTREAL (Reuters) - In years past, silk shirts, high-grade rock samples and even a gun or two have flashed at the prospectors and developers convention in Toronto, but junior gold companies are likely to spark the most interest at this year's shindi...
DATE: Mar 03, 2008
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WASHINGTON (Reuters) - Congressional investigators will travel to the Cayman Islands next week to look into alleged tax evasion as governments worldwide take a tougher stance on tax dodgers.
"Our hope in sending GAO investigators to the Caymans is to...
DATE: Mar 03, 2008
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