76472 results returned for search: "" category "Business"
The nickname for Bermudians is “Onions”. It derives from the vegetables that were once the Island’s most famous export. But with agriculture all but eradicated, and land at a premium because of the need for condos and hospitals and all that, the nick...
DATE: Oct 28, 2006
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The Tax Increase Prevention and Reconciliation Act of 2005 limited the amount of foreign housing exclusion that can be elected by US citizens and resident aliens living outside the United States.
The new law indicated that the Treasury Secretary coul...
DATE: Oct 28, 2006
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NEW YORK (Bloomberg) — Whenever something goes right in the investment markets, a lot of people act surprised.
Look at that ridiculous stock market, they say, setting new highs above 12,000 in the Dow Jones Industrial Average in spite of everything t...
DATE: Oct 28, 2006
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NEW YORK (Bloomberg) — Investors in hedge funds overseen by George Soros, Louis Bacon and Paul Jones would have made more money this year by buying shares of a stock-index mutual fund.Managers of so-called macro hedge funds have lagged behind market ...
DATE: Oct 28, 2006
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TORONTO (Reuters) — The Toronto Stock Exchange’s main index ended flat, retaining recent gains and hovering near its record high, as falling oil prices helped offset another day of strong earnings.The S&P/TSX composite index closed down 5.97 points, ...
DATE: Oct 28, 2006
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WASHINGTON (Reuters) — When you’re doing your holiday shopping, should you toss a few shares of retailers’ stocks into your basket this year?Maybe or maybe not. The sector, as measured by the Standard and Poor’s Retail Index, has already moved up abo...
DATE: Oct 28, 2006
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NEW YORK (AP) — Former Enron CEO Jeffrey Skilling’s nearly quarter-century prison sentence this week should remind corporate bosses everywhere of how risky it can be to break the law.The timing couldn’t be more perfect. In recent months, dozens of CE...
DATE: Oct 28, 2006
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LONDON (AFX) — Berkshire Hathaway-owned National Indemnity Co’s assumption of Equitas’ liabilities in a $7 billion reinsurance deal last week could trigger a wave of mergers and acquisitions within the Lloyd’s of London insurance market, credit ratin...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) — Exxon Mobil Corp. and Royal Dutch Shell Plc, the world’s two biggest oil companies, posted higher third-quarter earnings than analysts expected after crude prices soared to a record and production increased.At Irving, Texas-bas...
DATE: Oct 27, 2006
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Troubled Bermuda-based insurer Quanta Capital Holdings Ltd. has formalised an agreement with Chaucer Holdings Plc to secure the future of its Lloyd's of London business.
Quanta placed all of its non-Lloyd's business into runoff in May this year.
In J...
DATE: Oct 27, 2006
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