76441 results returned for search: "" category "Business"
Butterfield Bank has improved its third quarter profit by 14.4 percent to a record $39.6 million.
Customers have deposited $1.5 billion more in their accounts than during the same period a year ago, while the bank is reporting strong business perform...
DATE: Oct 31, 2007
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RAM Holdings is warning its third quarter results, due out next Monday, will be affected by a mark-to-market loss of around $28.4 million and as a result the company expects to report a net loss.
The loss is in respect of its credit derivatives portf...
DATE: Oct 31, 2007
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AUTHOR:
Scott Neil
HONG KONG (Bloomberg) — CNinsure, an insurance agency and brokerage based in the southern Chinese city of Guangzhou, and shareholders may raise a more-than-expected $176.4 million in a US initial public offering, according to a regulatory filing.
CNi...
DATE: Oct 31, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange dragged, breaking its six-session advance, as falling commodity prices prompted profit-taking in the energy and materials sectors.
Resource shares, which have shown strong gains in recent sessions, led t...
DATE: Oct 31, 2007
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NEW YORK (AP) — Wall Street pulled back as investors, uneasy about a drop in consumer confidence, traded cautiously ahead of the Federal Reserve's impending decision on interest rates.
After the Fed's half-point reduction in September, most investors...
DATE: Oct 31, 2007
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BOSTON (Bloomberg) — Former Federal Reserve chairman Alan Greenspan predicted a "long-term erosion" of the dollar in part because of the US current-account deficit.
The US currency's decline is accelerating, Greenspan said in remarks to a conference ...
DATE: Oct 31, 2007
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FRANKFURT, Germany (AP) — Reinsurer Munich Re said yesterday that its Ergo Versicherungsgruppe insurer signed a joint venture with India's Housing Development Finance Corporation to start an insurance joint venture.
Under the deal, Ergo will take a 2...
DATE: Oct 31, 2007
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SOUTHAMPTON, Bermuda (Reuters) - Financial markets have likely lost their appetite for securitized assets backed by subprime loans due to the persistent credit crisis, former Federal Reserve chairman Alan Greenspan said.
"Markets have made a decision...
DATE: Oct 31, 2007
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There is a lot of debate — and some scientific controversy — on whether radiation from cell phones is damaging to health.
While the scientific evidence is so far inconclusive and incomplete, a lot of people are scared of the radiation. Still most bal...
DATE: Oct 31, 2007
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The Royal Gazette/Bermuda Stock Exchange fell 2.94 points (0.06 percent) to 4,978.29 on a relatively quiet start to the week.
Shares of insurance company BF&M improved 45 cents (2.3 percent) to finish at $19.95 after 2,480 were traded.
The only other...
DATE: Oct 30, 2007
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