49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Connecticut plans to join Ohio in suing credit-rating companies for "negligent, reckless and incompetent work" in grading debt purchased by state pension funds, according to Attorney General Richard Blumenthal.
Connecticut and ...
DATE: Nov 26, 2009
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Bermuda Commercial Bank Ltd. (BCB) suffered a net operating loss of $380,000 for the year ended September 30, 2009, as its earnings power was hit by low interest rates.
The net loss compared to a net profit of $5.16 million in 2008 as the economic do...
DATE: Nov 26, 2009
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Most of Bermuda's property and casualty (re)insurers are trading well below their book values after a year in which they have recovered strongly from the tumult of 2008.
A lack of expensive catastrophes and rebounding financial markets have helped th...
DATE: Nov 26, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - AIG and former chief executive Maurice (Hank) Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write a memoir, as well as photogr...
DATE: Nov 26, 2009
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DUBAI (Reuters) - Dubai will ask creditors of two of its flagship firms for a standstill on debt worth billions of dollars as a first step towards restructuring Dubai World, the conglomerate which spearheaded the emirate's breakneck growth.
The gover...
DATE: Nov 26, 2009
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NEW YORK (AP) — As stores prepare for hordes of Black Friday shoppers and mark-down high-definition TVs and hot toys, they're also pushing deals on something more mundane — necessities like socks and diapers.
Toys R Us, Walmart and clothing stores in...
DATE: Nov 26, 2009
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NEW YORK (Reuters) - The Washington Post is closing its last US bureaus outside the nation's capital as the money-losing newspaper retrenches to focus on politics and local news.
"At a time of limited resources and increased competitive pressure, it'...
DATE: Nov 26, 2009
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The IT industry is starting to pick up again in the wake of the economic downturn, according to a boss of one of Bermuda's leading IT firms.
Walter Burgess, director of telephony and network services at CCS Group Ltd., who was congratulating network ...
DATE: Nov 26, 2009
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NEW YORK (AP) - Stocks climbed yesterday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.
The market's gains were modest on light trading volume ahead of the Thanksgiving holiday.
The govern...
DATE: Nov 26, 2009
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LONDON - A flurry of US economic data and a rebound in metals prices helped push Britain's top share index to a higher close, with Compass Group topping the blue-chip gainers list after results. The FTSE 100 closed at 5,364.81 points, up 40.85 or 0.7...
DATE: Nov 26, 2009
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