49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — More than half of insurers worldwide may be downgraded by Fitch Ratings this year on declines in the value of their investments backing policies.
"Many insurers are feeling significant pressures from the financial crisis," the ...
DATE: Feb 11, 2009
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NEW YORK (AP) - You might think your smart phone is pretty brainy, but is it clever enough to essentially replace your laptop while on the go?
Salt Lake City-based Celio Corp. is betting you want a bit of both devices at the same time. It has come up...
DATE: Feb 11, 2009
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Bermuda's international insurers took a battering on the stock market yesterday after new US Treasury Secretary Tim Geithner's announcement of a $2 trillion financial rescue plan failed to inspire investors' confidence.
Every one of the US-listed Ber...
DATE: Feb 11, 2009
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd. dropped 30 cents (3.22 percent) to $9, with 1,500 shares traded on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Butterfield Bank also saw 886 shares change hands, but its share price held firm.
The Index f...
DATE: Feb 11, 2009
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NEW YORK (AP) - Investors are frustrated with the government's latest bank bailout plan - and showing it by unloading stocks.
The major stock indexes fell more than four percent yesterday, including the Dow Jones industrial average, which tumbled 382...
DATE: Feb 11, 2009
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WASHINGTON (Reuters) - The US Treasury rolled out a reworked financial rescue plan yesterday worth possibly more than $2 trillion to mop up bad bank assets and revive consumer lending in a bid to stave off a deep recession.
But investors said they we...
DATE: Feb 11, 2009
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LONDON (AP) — Passenger traffic at major British airports fell 6.3 percent in January compared with a year earlier, airport owner BAA Ltd. said yesterday.
BAA, owner of London's Heathrow, Gatwick and Stansted airports, said the decrease followed year...
DATE: Feb 11, 2009
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LONDON (Reuters) - Four ousted British bankers apologised for mistakes that brought Royal Bank of Scotland and HBOS to the brink of collapse, saying the sector should tweak its maligned lavish pay system.
RBS's acquisition of ABN AMRO was "a bad mist...
DATE: Feb 11, 2009
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Two more workers have been made redundant at the Fairmont Southampton Princess Resort, The Royal Gazette can reveal.
The hotel said yesterday it had also decided not to keep on two additional employees who had worked beyond retirement age.
This foll...
DATE: Feb 11, 2009
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Many pension holders got a big shock when they opened their statements this month to find the value of their investments had dropped, in some cases, by 25 percent over the past six months.
The financial markets plummeted last year with investors losi...
DATE: Feb 10, 2009
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