49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) - A stunning about-face in bank shares handed the stock market its best week since November.
The market has shot up as much over the past several days as it might in some years, with major indicators chalking up gains of around 10 perce...
DATE: Mar 14, 2009
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The credit crunch has exposed many one-time financial heroes as having feet of clay. Even the great Sage of Omaha, Warren Buffett has fallen from grace.
The shift in mood has been brutal. The price of shares in the Sage's investment company, Berkshir...
DATE: Mar 14, 2009
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A class action complaint has been filed Ernst & Young (Bermuda) and others in the United States on behalf of investors in a hedge fund for which it was auditor.
The action was filed at the US District Court for the District of Connecticut on Monday t...
DATE: Mar 13, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — JetBlue Airways Corp. is testing sales of sandwiches, salads and snacks on some of its longer flights and may decide as soon as May whether to make the service permanent.
Adopting food sales would expand JetBlue's retail offeri...
DATE: Mar 13, 2009
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dallas (Bloomberg) — A US judge extended a freeze on some investor accounts as investigators probe an alleged $8 billion fraud at companies controlled by Texas financier Allen Stanford.
Hundreds of investors in Stanford Group Co. asked US District Ju...
DATE: Mar 13, 2009
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ZUG, Switzerland (Reuters) - The tidy towns and mountain vistas of Switzerland are an unlikely setting for an oil boom.
Yet a wave of energy companies has in the last few months announced plans to move to Switzerland — mainly for its appeal as a low-...
DATE: Mar 13, 2009
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CHICAGO (Bloomberg) - Tyco International Ltd., the world's largest maker of security systems, approved a proposal to move its place of incorporation to Switzerland's Schaffhausen canton from Bermuda.
Shareholders at a meeting yesterday voted for the ...
DATE: Mar 13, 2009
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More than 200 workers in Bermuda have lost their jobs since December 2008.
And the total of around 11,000 work permit holders could fall below 10,000 in the next few months if the global economic crisis continues to have a big impact on the Island's ...
DATE: Mar 13, 2009
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Bermuda and other offshore financial centres could have the threat of being shut down reduced if a blog by a former member of the House of Representatives is anything to go by.
Writing his Offshore Asset Protection blog, Robert Bauman, editor of The ...
DATE: Mar 13, 2009
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The banking sector was hit hardest on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with no fewer than two banks or financial institutions seeing their share prices fall.
LOM Holdings Ltd. dropped five cents (1.31 percent) to $3.75,...
DATE: Mar 13, 2009
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