76418 results returned for search: "" category "Business"
NEW YORK (AP) - Wall Street pulled back for the third straight day yesterday as many investors, still uneasy about the economy, sold off after a Federal Reserve official suggested rising inflation could prevent the central bank from making further in...
DATE: Feb 07, 2008
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Bermuda Aviation Services Ltd.'s (BAS) long-running case against Government looks set to rumble on well into this year with no end in sight.
BAS took Government to court back in June 2007, filing a writ against Premier Ewart Brown in his capacity as ...
DATE: Feb 06, 2008
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As a follow up to a previous column on the growing number of sites hosting movies that are now in the public domain - read black and white and mostly silent - here are two other sources I did not mention.
All public domain movies are legal to downloa...
DATE: Feb 06, 2008
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XL Capital Ltd. yesterday reported a fourth-quarter loss of $1.06 billion as it suffered from the effects of its exposure to the US sub-prime mortgage crisis.
The figure surpassed even the $1.04 billion loss the global business insurer made after Hur...
DATE: Feb 06, 2008
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AUTHOR:
Jonathan Kent
The Bank of Bermuda's new state-of-the-art business banking branch is set to make life easier for small business owners and other corporate customers alike.
The branch, which was officially unveiled yesterday, has consolidated all parts of the compan...
DATE: Feb 06, 2008
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new york (Bloomberg) — Bermuda-based Tyco International Ltd., the world's biggest maker of security and fire systems, reported first-quarter profit that exceeded analysts' estimates on surging sales at its ADT and valve divisions.
Profit from continu...
DATE: Feb 06, 2008
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Bermuda-based bond insurer Assured Guaranty is coming through the sub-prime mortgage crisis stronger than ever, while its rivals have been hit with ratings downgrades and collapsing share prices.
The company that was spun off by Ace Ltd. in 2004 has ...
DATE: Feb 06, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) - Bermuda-based Primus Guaranty Ltd., a manager of $23 billion in credit-default swaps, posted its biggest loss after writing down the value of guarantees it has on mortgage-backed securities. The shares fell the most ever.
The f...
DATE: Feb 06, 2008
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NEW YORK (AP) - Wall Street plunged yesterday, driving the Dow Jones industrials down 370 points after investors saw an unexpected contraction in the service sector as evidence the economy is sinking into recession.
It was the Dow's biggest point dro...
DATE: Feb 06, 2008
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LA ROCHELLE, France (Reuters) - France's Alstom unveiled a new generation of faster high-speed trains on Tuesday in a bid to keep ahead of rivals Siemens and Bombardier in the multi-billion dollar rail transport market.
The prototype "AGV" — a succes...
DATE: Feb 06, 2008
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