76422 results returned for search: "" category "Business"
Investors in Bermuda have been told not to hit the panic button despite fears over the falling financial markets across the world.
In a bid to stave off a US recession, the Federal Reserve cut interest rates by three-quarters of a percentage point to...
DATE: Jan 23, 2008
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NEW YORK (AP) - An unusual emergency interest rate cut by the Federal Reserve gave Wall Street a partial rebound yesterday from a precipitious early decline - and perhaps the first steps toward a long-term recovery. The rest of the comeback, for the ...
DATE: Jan 23, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index climbed more than 500 points yesterday, ending a five-day plunge, after Canada and the US cut interest rates to calm worries over the global economic outlook.
In a broad-based advance led by...
DATE: Jan 23, 2008
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Shares in Bermuda-based Security Capital Assurance Ltd. shot up 30 percent yesterday on hopes that regulators will provide support to the struggling bond insurance industry by attracting new capital.
At the close of trading, SCA shares had climbed 50...
DATE: Jan 23, 2008
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AUTHOR:
Jonathan Kent
SAN FRANCISCO (Bloomberg) - Apple Inc. posted first-quarter profit that disappointed investors and gave a forecast that fell short of analysts' estimates, sending the shares lower and signaling an economic slowdown may curb demand.
Net income rose 57...
DATE: Jan 23, 2008
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LONDON (Reuters) - Britain is well placed to weather the current instability on the world's financial markets, Prime Minister Gordon Brown's spokesman said yesterday.
With the government facing a barrage of criticism over its handling of the economy,...
DATE: Jan 23, 2008
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On a day of falling markets worldwide, the Royal Gazette/Bermuda Stock Exchange Index (BSX) was unable to buck the trend dropping 1.32 points (0.03 percent) to close at 4,830.71 yesterday.
A total of 70,458 shares worth $596,120 were traded throughou...
DATE: Jan 23, 2008
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LONDON (Reuters) - Millions of British men buy their underpants from Marks and Spencer — and one of them is not happy.
Jeremy Paxman, feared presenter of the BBC's Newsnight programme, has got his knickers in a twist over what he sees as falling stan...
DATE: Jan 22, 2008
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BF&M Ltd. were the big gainers on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance company boosted its share price by $2.20 (11.7 percent) to close at $20.95, with 200 shares traded.
But, LOM (Holdings) Ltd. and Butterfie...
DATE: Jan 22, 2008
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LONDON (Bloomberg) — Chancellor of the Exchequer Alistair Darling gave shareholders of Northern Rock Plc two weeks to back a British government plan to rescue the bank or face having the value of their investments wiped out by nationalisation.
Darlin...
DATE: Jan 22, 2008
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