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It proved to be a quiet day on The Royal Gazette/Bermuda Insurance Index (BSX), with no stocks being traded yesterday.
The Index opened and closed the day on 2,537.04.
The BSX Insurance Index, however, finished the day up 18.91 points (2.76 percent) ...
DATE: Mar 18, 2009
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NEW YORK (AP) - Investors restarted Wall Street's rally yesterday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction.
Major market indicators jumped more than two percent, including the Dow Jones indu...
DATE: Mar 18, 2009
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LUXEMBOURG (Bloomberg) - Louis Vuitton told the European Union's (EU) highest court that Google Inc. does not have the right to sell trademark-protected names to advertisers that trigger "sponsored links" when the name is used in an Internet search.
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DATE: Mar 18, 2009
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Meyer-Franklin Travel has promoted Bermudian Kim Every to the new position of general manager.
Ms Every will oversee the agency's day-to-day operations, direct the marketing and sales functions, manage relationships with travel vendors and help to fo...
DATE: Mar 18, 2009
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HELSINKI (AP) - Nokia Corp. said yesterday it will lay off 1,700 people worldwide to cut costs, as the global economic downturn strikes deeper into the mobile phone sector.
The world's top mobile phone maker said the job cuts will affect several sect...
DATE: Mar 18, 2009
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The US reinsurance arm of Bermuda-based Maiden Holdings Ltd. has been assigned an A- (excellent) financial strength rating from AM Best.
Maiden Reinsurance Company is the new name given to GMAC Direct Insurance Company, acquired as a shell by Maiden ...
DATE: Mar 18, 2009
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Bermuda's budding legal eagles will have the chance to learn about British law and forge links with their British counterparts thanks to a new programme launched by the Law Society of England & Wales.
The Law Society has invited applications for the ...
DATE: Mar 17, 2009
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If you are a single taxpayer with income of $200,000 or more or married filing jointly with income of $250,000 or more, President Obama has painted a big target on your wallet. Taxpayers with this demographic will be expected to bear the brunt of tax...
DATE: Mar 17, 2009
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NEW YORK (Reuters) - US stocks fell yesterday after American Express Co. said the number of people struggling to make credit card payments grew, erasing earlier optimism that banks could return to profit in the downturn.
It was Wall Street's first de...
DATE: Mar 17, 2009
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Three insurance companies set up in business in Bermuda over the last month, according to the latest figures from the Bermuda Monetary Authority (BMA).
The BMA's list of insurance incorporations through February 2009 revealed that Class 3 insurer Sum...
DATE: Mar 17, 2009
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