76422 results returned for search: "" category "Business"
Steady progress is being made on the installation of a new undersea Internet and telecommunications cable between Bermuda and the US to provide a more competitive marketplace and more customer choice.
That is according to Sheila Lines, CEO of KeyTech...
DATE: Jan 22, 2008
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LONDON (Reuters) - European insurers' share prices dropped yesterday on fears over their bond exposure following news that a unit of bond insurer Ambac Financial Group Inc lost a crucial "AAA" rating.
The DJ Stoxx insurance index was down 5.9 percent...
DATE: Jan 22, 2008
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Stocks tumbled from Hong Kong to Brazil, and US futures posted their steepest drop since 2001, on mounting speculation the world economy is slowing and company defaults will rise.
The MSCI World Index slumped the most since 2002, while Europe's Dow J...
DATE: Jan 22, 2008
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LONDON (AP) - Stocks fell sharply worldwide yesterday following declines on Wall Street last week amid investor pessimism over the US government's stimulus plan to prevent a recession.
US markets were closed for Martin Luther King Jr. Day, but the do...
DATE: Jan 22, 2008
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LONDON (AP) — Northern Rock will issue government-guaranteed bonds to repay the tens of billions in emergency loans from the Bank of England, Britain's Treasury said yesterday in a statement to the London Stock Exchange.
The move significantly reduce...
DATE: Jan 22, 2008
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LONDON (Reuters) - British insurance company Heritage Underwriting Agency said yesterday it had received other approaches since Bermuda-based Ironshore Inc said on January 18 it was no longer interested in making an offer.
Lloyd's of London insurer H...
DATE: Jan 22, 2008
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LONDON (Reuters) - Oil slid by $2 to a six-week low below $89 a barrel yesterday as stock markets fell and concern mounted over an economic slow-down led by top consumer the United States.
Stock markets across the world took a battering as anxiety sp...
DATE: Jan 22, 2008
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Newly-designed Bermuda dollar bank notes are set to hit the streets early next year and will represent the first complete redesign of the currency since it was launched in 1970.
The new banknotes will be the same size as the current ones, with a flor...
DATE: Jan 22, 2008
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Former Bermuda Police Service Superintendent Sinclair White was yesterday named as the chairman of the Financial Intelligence Agency (FIA), the latest addition to the Island's armoury in the war on money laundering.
And Government has also hired form...
DATE: Jan 22, 2008
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AUTHOR:
Jonathan Kent
TORONTO (Bloomberg) - Canada's main stock index dropped the most in almost seven years, led by oil and metal producers, after concern that the US economy is shrinking spurred a worldwide sell-off in equities.
Suncor Energy Inc. and Potash Corp. of Sa...
DATE: Jan 22, 2008
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