49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) - Online spending will rescue Britain's retail sector from recession, with sales over the Internet set to more than double to 21.3 billion pounds ($35.1 billion) by the end of 2011, a report said yesterday.
The study, by market resea...
DATE: Jun 25, 2009
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LONDON (Reuters) - Economic recovery could still be a "long, hard slog" despite encouraging recent data, Bank of England Governor Mervyn King said on yesterday, in a sign that the central bank is in no hurry to tighten policy.
His cautious remarks to...
DATE: Jun 25, 2009
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Banking was the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than three banks seeing their share price change.
Butterfield Bank led the way, with the launch of its new preference shares, which increa...
DATE: Jun 25, 2009
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Argo Re Ltd. and its US subsidiaries have been affirmed the financial strength rating of A (excellent) and issuer credit ratings (ICR) of "a". Best has also affirmed the ICR of "bbb" of the parent holding company, Argo Group International Holdings Lt...
DATE: Jun 25, 2009
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NEW YORK (AP) - The Federal Reserve did not surprise investors but still left them disappointed.
Stocks ended mixed but mostly higher after the Fed said the economy was on the mend. However, bond prices fell after the Fed said it would not step up it...
DATE: Jun 25, 2009
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Bermuda-based captive insurance companies covering risks in the European Union will not be directly impacted by new EU insurance regulations, delegates at an industry conference heard yesterday.
But when the new rules — known as Solvency II — are int...
DATE: Jun 25, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — A former director at American International Group Inc. contradicted key testimony of former chief executive officer Maurice (Hank) Greenberg at a civil trial over whether his private company looted $4.3 billion.
AIG, once the w...
DATE: Jun 25, 2009
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Bermuda-based Vistaprint Ltd. has launched a new brand strategy with a focus on its website redesign, logo and tagline.
The small business marketing company yesterday unveiled a number of changes to showcase its range of products and services availab...
DATE: Jun 25, 2009
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LONDON (Bloomberg) — Hiscox Ltd., the third-biggest insurer at Lloyd's of London, plans to increase capacity at its main sales unit by a third as the market forecasts the dollar will strengthen against the pound next year.
Hiscox's initial business p...
DATE: Jun 25, 2009
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DALLAS (Bloomberg) — Allen Stanford's court-appointed receiver needn't wait for a resolution of fraud charges against the Texas financier before selling properties that are draining cash, his lawyer said.
The money could be used to repay investors al...
DATE: Jun 25, 2009
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