49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Axa SA, Allianz SE and American International Group Inc. lead a group of airline insurers poised to record the most monthly losses since September of 2001 and may raise prices to bolster reserves, Aon Corp. said.
Costs to indem...
DATE: Jul 07, 2009
|
CATEGORY:
Other
|
Investors with an appetite for risk will be able to put their money into a fund which invests in the distressed mortgage debt market.
The sub-prime crisis sparked the current economic downturn, with many homeowners defaulting on their mortgages and i...
DATE: Jul 07, 2009
|
CATEGORY:
Other
|
NEW YORK (Reuters) - A former Goldman Sachs Group Inc computer programmer accused of stealing secret trading codes from the financial firm has been released from federal custody after posting bail, authorities said yesterday. Sergey Aleynikov, 39, wa...
DATE: Jul 07, 2009
|
CATEGORY:
Other
|
NEW YORK (AP) - Shares of Bermuda-based Central European Media Enterprises Ltd., which operates TV channels in Central and Eastern Europe, got a boost yesterday after an analyst upgraded the stock and said the company's markets may have hit bottom so...
DATE: Jul 07, 2009
|
CATEGORY:
Other
|
TORONTO (Bloomberg) - Canadian stocks declined the most in two weeks as crude oil and industrial metals prices fell on concern that a recovery in the global economy will stall, curbing demand for raw materials.
Natural-gas producer Canadian Natural R...
DATE: Jul 07, 2009
|
CATEGORY:
Other
|
The voracious take-up of Butterfield Bank's $200 million preference share offering has shown the local capacity and appetite for sound investments with an attractive yield.
The is the view of Greg Wojciechowski, president and CEO of the Bermuda Stock...
DATE: Jul 06, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Banking proved to be the busiest sector on The Bermuda Stock Exchange (BSX) last week.
Butterfield Bank's preference shares boosted their value by $50 (4.3 percent) to $1,200, with 1,872 shares traded.
Meanwhile, the bank's common shares dropped 30 c...
DATE: Jul 06, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) - Maurice 'Hank' Greenberg's Starr International Co. rested its case against American International Group Inc. (AIG) by playing excerpts of videotaped testimony from Martin Sullivan, the insurer's former CEO.
The presenting of ev...
DATE: Jul 06, 2009
|
CATEGORY:
Other
|
PARIS (Bloomberg) - Willis Group Holdings Ltd., the world's third-largest insurance broker, was sued by clients of Stanford Financial Group over claims Willis aided an alleged $7 billion fraud by Stanford.
The complaint filed yesterday in federal cou...
DATE: Jul 06, 2009
|
CATEGORY:
Other
|
TORONTO (Reuters) - Canada's top auto parts makers are likely to take more market share and new sales from their smaller rivals as the sector consolidates in the wake of the upheaval that drove General Motors Corp. (GM) and Chrysler into bankruptcy.
...
DATE: Jul 06, 2009
|
CATEGORY:
Other
|
