76429 results returned for search: "" category "Business"
A new financial industry association has been formed in Bermuda. The Bermuda Banker's Association will serve as the main representative body for banks and deposit taking/lending firms on the Island.
Similar to banker's associations in other important...
DATE: Nov 28, 2007
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DETROIT (Reuters) - An escalating mortgage crisis will push another 1.4 million US homes into foreclosure and drive nationwide property values lower by seven percent next year, according to a report released yesterday by a group representing city may...
DATE: Nov 28, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index ended higher, helped by an afternoon rally as strength in financials offset declines in energy issues.
The financial sector, which has been plagued by news of writedowns both in Canada and t...
DATE: Nov 28, 2007
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Perry Footwear has proved it is keeping up with the latest trends in fashion with a complete image makeover.
For the shoe shop, which is based in Reid Street and was formerly called Giorgio Beneti, has not only changed its name, but is also undergoin...
DATE: Nov 28, 2007
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NEW YORK (Bloomberg) — The meltdown of the US subprime mortgage market has the potential to rival the economic aftermath of Enron Corp.'s collapse, with more banks writing off losses in months to come, former Securities and Exchange Commission chairm...
DATE: Nov 28, 2007
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Planning a trip can be as much of a pain as getting stuck on a delayed flight. A new website called TripIt came to the rescue as I was planning three out-of-town weekends in a row this fall.
Despite a few minor flaws with the free service, TripIt is ...
DATE: Nov 28, 2007
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Colin Nash, 35, was struggling with $12,000 in credit card debt late last year. Meanwhile, Michael Fisher, 24, was looking for a new investment. So, Fisher loaned Nash $200.
The two men, however, had never met.
Nash and Fisher are members of Prosper....
DATE: Nov 28, 2007
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NEW YORK (Bloomberg) — MBIA Inc. and Ambac Financial Group Inc., the two largest bond insurers, as well as Bermuda-based Security Capital Assurance Ltd., are considering raising capital through reinsurance or sales of debt or stock to maintain their ...
DATE: Nov 28, 2007
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GENEVA (Bloomberg) — In Europe, Nestle SA has made Nespresso its fastest-growing brand by promoting it as sexier than George Clooney, who endorses the espresso in ads. America, where the heart-throb refuses to advertise the product, will be a harder ...
DATE: Nov 28, 2007
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LONDON (Reuters) - Forget the missing discs, a bank run or even the latest party funding scandal, British Prime Minister Gordon Brown's biggest challenge is the economy and what happens to the nation's once-booming housing market.
Brown hopes the pol...
DATE: Nov 28, 2007
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