49296 results returned for search: "" category ("Other" AND "Business")
Insurance was the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Argus Group Holdings Ltd. saw its share price rise by five cents (0.72 percent) to $6.95, but BF&M Ltd. experienced a five-cent (0.35 percent) drop to...
DATE: May 13, 2009
|
CATEGORY:
Other
|
BERLIN (Bloomberg) - Germany's Finance Ministry published a draft law that allows banks to swap toxic assets for guaranteed bonds under a voluntary programme to be considered today by Chancellor Angela Merkel's Cabinet.
Financial institutions would d...
DATE: May 13, 2009
|
CATEGORY:
Other
|
Belco customers were spared some of the pain of sky-high oil prices on their electricity bills last year because the power company deferred collection of some of the fuel adjustment charge.
The revelation came in Belco's 2008 annual report, which sai...
DATE: May 13, 2009
|
CATEGORY:
Other
|
Arch Capital Group Ltd. has appointed its president and chief executive officer Constantine Iordanou as chairman of the board, effective from November 2009.
Mr. Iordanou will succeed Paul Ingrey, who will be retiring as chairman on November 6.
The co...
DATE: May 13, 2009
|
CATEGORY:
Other
|
Bermuda Commercial Bank Ltd. (BCB) saw its profits plunge by $3.71 million over the past six months and cut its semi-annual dividend to zero.
The bank reported net income of $680,000 for March 31, 2009 compared to $4.39 million at the end of March 20...
DATE: May 13, 2009
|
CATEGORY:
Other
|
ATLANTA (AP) - When you're surfing the web, editing photos, listening to MP3s and tweeting, it's easy to run out of real estate on your computer display. If only you had a little extra screen - like a digital kid brother - that could show an auxiliar...
DATE: May 13, 2009
|
CATEGORY:
Other
|
NEW YORK (AP) - Investors are finding it hard to extend Wall Street's two-month rally.
Stocks ended mixed but well off their lows yesterday as early concerns about a barrage of stock offerings eased and as rising oil prices lifted energy stocks. The ...
DATE: May 13, 2009
|
CATEGORY:
Other
|
The Bermuda insurance sector has dodged a potential bullet from the US with the news that President Barack Obama did not include the tax code change that many on the Island had feared in his plans to clamp down on offshore tax avoidance.
When he reve...
DATE: May 13, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based Nordic American Tanker Shipping Ltd. said it will publicly offer 3.5 million common shares to fund further acquisitions.
The offering is expected to close on May 18, with the underwriters having a 30-day option to purchase up to 525,000...
DATE: May 13, 2009
|
CATEGORY:
Other
|
WASHINGTON (AP) — Mortgage giant Freddie Mac is looking for $6.1 billion in additional government aid as the cost to taxpayers from the housing market bust keeps growing.
The McLean, Virginia-based company, seized by federal regulators in September, ...
DATE: May 13, 2009
|
CATEGORY:
Other
|
