76412 results returned for search: "" category "Business"
Argus Group Holdings Ltd. continued its good form of late, rising $1.05 (0.08 percent) to close up at $17.50 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) for the week.
The insurance company also traded 8,200 shares.
Butterfield Bank, meanw...
DATE: Mar 03, 2008
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NEW YORK (Bloomberg) - The dollar fell to the weakest ever against the euro and to a three-year low versus the yen after Federal Reserve officials signaled they will keep cutting interest rates to support the economy.
The US currency dropped 2.4 perc...
DATE: Mar 03, 2008
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NEW YORK (Bloomberg) - MBIA Inc. is writing "very little" new bond insurance business as borrowers balk at buying a guarantee from a money-losing company without stable AAA credit ratings.
MBIA, whose ratings were under scrutiny by Moody's Investors ...
DATE: Mar 03, 2008
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Bermuda-based Enstar Group Ltd. saw its net earnings drop by more than $20 million over the past year, despite its total assets increasing by $0.6 billion for the year ended December 31, 2007.
The financial results include the consolidation of the re...
DATE: Mar 03, 2008
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NEW YORK (The Wall Street Journal) - It took only seven hours early on Wednesday for a trader at MF Global Ltd. to make bad bets on the direction of wheat prices that cascaded into $141.5 million in losses at the brokerage firm and exposed another br...
DATE: Mar 03, 2008
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The dream of having a home in Bermuda is all the more possible thanks to a new fractional ownership scheme launched by The Reefs Beach Club.
The new luxury private residence club, which is based in Southampton and is set to open early next year, will...
DATE: Mar 03, 2008
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NEW YORK (Reuters) - More selling will knock Wall Street stocks lower this week if economic data, including a key report on February payrolls, offers more signs that the US economy is on the brink of recession.
With a full slate of Federal Reserve of...
DATE: Mar 03, 2008
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NEW YORK (Associated Press) - Global exchange operator IntercontinentalExchange said on Friday that MF Global continues to meet all futures clearinghouse obligations despite having discovered a rogue trader lost the brokerage firm $141.5 million.
The...
DATE: Mar 03, 2008
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A little knowledge is indeed a dangerous thing. Last week's column on UK death duties was a summary of everything I know on the subject. Some readers, who couldn't tell where they stood from what I wrote, e-mailed to ask for more information.
This is...
DATE: Mar 01, 2008
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Bloomberg News reported last week that the tax stimulus package approved by US Congress may prove less of a jolt to the US economy that previously thought. "Americans Plan to Save, Not Spend, Tax-Rebate Cheques, poll says", by Matthew Benjamin. The r...
DATE: Mar 01, 2008
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