49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based re/insurer Catlin Group Ltd. said on Friday that its Catlin Europe unit has established an underwriting office in Rome with a team of underwriters hired from rival Swiss Re.
The Rome office will be staffed by a five-member reinsurance u...
DATE: Oct 05, 2009
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LONDON (Reuters) - UK wealth management firms are counting on new business from the moderately rich as they play down the impact of a possible exodus of the ultra wealthy from tax-hungry Britain.
The likes of steel magnate Lakshmi Mittal and Russian ...
DATE: Oct 05, 2009
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VANCOUVER, British Columbia (Reuters) - Investors in Canada's forestry sector should pay attention to the speed skating competition at next year's Winter Olympics in Vancouver because it could help them with an insect problem.
Western Canada's mounta...
DATE: Oct 05, 2009
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ISTANBUL (Bloomberg) - New York University professor Nouriel Roubini, who accurately predicted the financial crisis, said stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors.
"Marke...
DATE: Oct 05, 2009
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Last week, China marked the 60th anniversary of the founding of the People's Republic, which was an important historical event by any reckoning. It is curious to note that while in most of the world, communist parties have been pushed into fringe sta...
DATE: Oct 05, 2009
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ISTANBUL (Bloomberg) - Japanese Finance Minister Hirohisa Fujii issued his clearest warning yet that his nation is open to intervening in the currency market even as the Group of Seven (G-7) declined to criticise the tumbling dollar.
"If currencies s...
DATE: Oct 05, 2009
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Schroders chief economist Keith Wade believes we're heading for a W-shaped recovery and that interest rates are unlikely to start rising from their historic lows until the middle of next year.
Mr. Wade visited the Bermuda office of the global broker ...
DATE: Oct 05, 2009
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AUTHOR:
Jonathan Kent
High street retailers may be feeling the pain, but their online counterparts are doing well by all accounts despite the economic downturn.
Retail sales plummeted nine percent or $7 million in July compared to the same period last year, according to t...
DATE: Oct 05, 2009
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The Bermuda Stock Exchange (BSX) dropped 8.74 points (0.36 percent) to 2,367.93 last week.
The Index traded 20,566 shares worth BD$160,449.10 and 11,976 shares worth US$274,047.35.
Butterfield Bank's common shares fell five cents (one percent) to $4....
DATE: Oct 05, 2009
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NEW YORK (Reuters) - The US dollar fell against most major currencies on Friday after a weaker-than-expected jobs report reinforced expectations US interest rates will stay near zero for some time.
US employers cut 263,000 jobs in September, far more...
DATE: Oct 05, 2009
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