76441 results returned for search: "" category "Business"
There appears to be little for insurers and reinsurers to worry about in the wake of the largest earthquake to strike the San Francisco Bay area for almost 20 years.
The moderate earthquake struck a rural area about nine miles northeast of San Jose, ...
DATE: Nov 02, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — The risk of owning US corporate debt rose as consumer confidence fell more than forecast and home prices dropped the most in at least six years, trading in credit-default swaps shows.
The CDX North America Investment Grade Seri...
DATE: Nov 02, 2007
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NEW YORK (AP) — Wall Street plunged yesterday, pulling the Dow Jones industrial average down more than 360 points as investors found themselves confronted by two uncomfortable prospects: an end to interest rate cuts and a slowing economy.
Mindful of ...
DATE: Nov 02, 2007
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Former Governor of Bermuda Sir John Vereker has been appointed to the board of directors of Bermuda-based insurer XL Capital Ltd.
Sir John, who retired as Governor in October after holding the post since 2002, had previously been the UK's Permanent S...
DATE: Nov 02, 2007
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The Bernhard Schulte Group, which has an operations office in Bermuda, together with Sloman Neptun Schiffahrts-Aktiengesellschaft, Intrepid Shipping and Algoma Central Corporation have agreed to establish a new product/chemical tanker joint venture t...
DATE: Nov 02, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index closed sharply lower yesterday, as investors locked in profits after the previous session's big gains, amid weak commodity prices and fears for the health of the US economy.
Financial shares...
DATE: Nov 02, 2007
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A little piece of Bermuda in Canada - that is what Butterfield Bank's financial services operation in Halifax, Nova Scotia is all about.
The bank set up its fund administration centre to support the main business in Bermuda and the Cayman Islands rig...
DATE: Nov 02, 2007
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PRAGUE (Bloomberg) — Central European Media Enterprises, which operates television stations in eastern Europe, posted a third-quarter loss as the weaker dollar made its euro- denominated debt more expensive.
The loss was $18.8 million, compared with ...
DATE: Nov 02, 2007
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WASHINGTON (Dow Jones/AP) — A US Senate bill extending a federal terrorism insurance backstop seven years would increase the federal deficit by $5.1 billion over the next decade, according to the Congressional Budget Office.
The budget score could ca...
DATE: Nov 02, 2007
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Wondering where next to put their billions of dollars of investment asset, hedge fund managers and other delegates in Bermuda had their heads turned towards India earlier this week.
They were told about its mostly "young and vibrant" 1.2 billion peop...
DATE: Nov 02, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
