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The Royal Gazette/Bermuda Stock Exchange Index (BSX) remained stable during a quiet day's trading yesterday.
Butterfield Bank was the only company to experience any movement, with 5,100 shares being traded, but its share price remained unchanged at $...
DATE: Feb 21, 2008
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Here's a great tip for students and teachers of IT. Microsoft announced this week it is giving away technical software, DreamSpark, as a means of providing students around the world with access to the company's latest developer and designer tools.
Un...
DATE: Feb 20, 2008
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Axis Capital Holdings' chief executive officer John Charman has been rewarded for his company's record profits last year with an extension to his tenure in the top job.
A new employment agreement announced by Axis yesterday will keep Mr. Charman as C...
DATE: Feb 20, 2008
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AUTHOR:
Jonathan Kent
TORONTO (Bloomberg) - Canadian stocks rose a second day as Potash Corp. of Saskatchewan Inc. and other raw-materials and energy producers advanced on record prices for commodities.
The Standard & Poor's/TSX Composite Index rose 220.98, or 1.7 percent...
DATE: Feb 20, 2008
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BRUSSELS, Belgium (AP) — Thomson Corp. won European regulatory approval yesterday to buy news and information provider Reuters Group PLC but must sell off several business-information databases to eliminate antitrust concerns, the European Commission...
DATE: Feb 20, 2008
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A book explaining the intricacies of Bermuda laws on wills and estates has been updated to keep up with changes in legislation.
The sixth edition of "The Law of Wills And Estates", by Mello Jones & Martin partner Michael Mello, includes new chapters ...
DATE: Feb 20, 2008
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LONDON (Reuters) - Forget worming pills and a flea collar — a trip to the vet in Britain these days could be about heart surgery, joint replacement, chemotherapy or a host of other cutting-edge procedures.
Britain is one of the few countries in Europ...
DATE: Feb 20, 2008
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Butterfield Bank was the only mover on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 6,100 shares, but its value held firm at $18.95.
The Index, as a whole, also remained steady at 5,298.24, with 6,100 shares worth $...
DATE: Feb 20, 2008
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NEW YORK (Bloomberg) — Banks holding about $120 billion in asset-backed securities that would be most affected by downgrades of bond insurers may have to write down as much as $30 billion of the debt, Moody's Investors Service said.
Downgrades of MBI...
DATE: Feb 20, 2008
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GENEVA (AP) — After seeming to have skirted the worst of the mortgage issues plaguing the financial sector, Credit Suisse revealed yesterday that it had suspended a "handful" of traders for overvaluing assets and would take a $1 billion hit to its fi...
DATE: Feb 20, 2008
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