49296 results returned for search: "" category ("Other" AND "Business")
Butterfield Bank fell another three percent yesterday and dragged The Royal Gazette / Bermuda Stock Exchange down further.
Butterfield, which was the only domestic company to change value, shed 25 cents, or three percent, to close on $8.
That was suf...
DATE: Feb 21, 2009
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FREDERICKSBURG, Virginia (Reuters) – Regulators yesterday seized Texas billionaire Allen Stanford's banks and companies in Antigua, the Caribbean state at the centre of fraud charges against him, as the financier surrendered his passport to US author...
DATE: Feb 21, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer selling assets to repay a US government loan, should pull its Tokyo headquarters building from the market, former chief executive officer Maurice (Hank) Greenberg said.
"If you sel...
DATE: Feb 20, 2009
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It's a sad fact that clearing unexploded ordnance is one of the world's great growth industries.
At current rates of progress, it would take about 1,000 years to remove all the mines and bombs that menace the hot spots of the world — and that's if no...
DATE: Feb 20, 2009
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AUTHOR:
Jonathan Kent
WASHINGTON/ST.JOHN'S (Reuters) - US law enforcement officials found Texas billionaire Allen Stanford in the Fredericksburg, Virginia, area yesterday, and served him with a complaint accusing him of an $8 billion fraud.
FBI spokesman Richard Kolko sai...
DATE: Feb 20, 2009
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Britain's Prime Minister Gordon Brown has called for an international drive against tax havens as part of a planned "global new deal" to tackle the international recession.
Mr. Brown is believed to have won the support of other world leaders for to t...
DATE: Feb 20, 2009
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LONDON (Reuters) - Tumbling tax receipts in January drove Britain's budget deficit for the fiscal year so far to a record high and statisticians warned bank bailouts could raise total debt by up to £1.5 trillion ($2.15 trillion), or 100 percent of GD...
DATE: Feb 20, 2009
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Citigroup plans to make job cuts at its Bermuda operations, where it employs some 230 people, The Royal Gazette has learned.
Sources have revealed to this newspaper that some staff will definitely go, without saying how many, or when the cuts will ta...
DATE: Feb 20, 2009
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AUTHOR:
Jonathan Kent
XL Capital Ltd. chief executive officer Mike McGavick believes the United States will see Bermuda's insurance industry as "too valuable to undermine" when lawmakers consider whether to make tax law changes that could hurt the Island's major industry....
DATE: Feb 20, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Winter storm Klaus, which struck Europe last month, may cost insurers as much as 1 billion euros ($1.27 billion) on French claims, according to a firm that estimates losses from natural disasters.
Damage could be as low as 500 ...
DATE: Feb 20, 2009
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