49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — Golden Ocean Group Ltd., the shipping line controlled by Norwegian investor John Fredriksen, gained in Oslo trading on speculation brokerages will boost recommendations after a purchase of the company's bonds.
Golden Ocean rose a...
DATE: Mar 12, 2009
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NEW YORK (Bloomberg) — Standard & Poor's said its insurance ratings on MBIA Inc., the largest bond guarantor, probably won't be affected by its downgrade of Bermuda-based Channel Reinsurance Ltd. to a non-investment grade.
S&P cut Channel Re, whose b...
DATE: Mar 12, 2009
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NEW YORK (AP) — Bernard Madoff's expected guilty plea leaves many of his ruined investors worried that the disgraced financier will take his secrets to prison with him.
On the eve of his federal court hearing, key questions remained unanswered: Who h...
DATE: Mar 12, 2009
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Bermuda-based Digicel Ltd., today announced it has completed a $335 million corporate bond offering, the proceeds of which will be used to acquire a 35.8 percent stake in Digicel Holdings (Central America) Limited and provide funding for general corp...
DATE: Mar 12, 2009
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Over the past two decades the psychological landscape of the Internet has changed from a place of fear and risk, to a warm, fuzzy community of close friends for its younger users.
This is the gist of the result of a study of studies, whose results we...
DATE: Mar 11, 2009
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Attracting hedge fund business to Bermuda was the focus for a delegation of the Island's top international business executives who travelled to Canada this week.
The representatives from Bermuda's alternative investment industry hosted presentations ...
DATE: Mar 11, 2009
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LONDON (AP) — Britain's retailers saw sales fall again in February partly as a result of heavy snow across large areas of the country that kept potential consumers stuck indoors and the stores bringing an end to their massive discounting over the New...
DATE: Mar 11, 2009
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PARIS (AP) — The global economy will shrink this year as the world enters "a Great Recession," the head of the International Monetary Fund said.
Speaking in a taped interview with French television channel France 24, Dominique Strauss-Kahn said econo...
DATE: Mar 11, 2009
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TORONTO (Reuters) - Toronto's key stock index rose four percent yesterday to close at its highest level in over two weeks as Citigroup said it was profitable during the first two months 2009, easing some investor concerns about the battered US financ...
DATE: Mar 11, 2009
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Fitch Ratings yesterday downgraded Butterfield Bank's long-term debt rating from A to A-, citing a $121 million charge in the fourth quarter of last year relating to US mortgage-backed securities.
Fitch also affirmed Butterfield's short-term customer...
DATE: Mar 11, 2009
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AUTHOR:
Jonathan Kent
