49296 results returned for search: "" category ("Other" AND "Business")
Bermuda should not be fearful of the new Obama administration in the US despite the threats of tax law changes and protectionism that could be harmful to the Island's economy, according to BIBA chief executive officer Cheryl Packwood.
Instead, Bermud...
DATE: Feb 06, 2009
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AUTHOR:
Jonathan Kent
The Bank of Bermuda heads the list of Bermuda-based clients who had money invested with disgraced financier Bernard Madoff, according to a court filing in the US Bankruptcy Court, Manhattan.
Clues to the extent of the bank's exposure were revealed in...
DATE: Feb 06, 2009
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Customers of Bank of Bermuda and Butterfield Bank may have had their cardholder data sent out to an unknown third party, according to Heartland Payment Systems.
The New Jersey-based vendor has advised banks across the globe, including the Bank of Be...
DATE: Feb 06, 2009
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TORONTO (Reuters) - Toronto's main stock index closed higher for a third straight session yesterday in a broad rally led by strength in the key energy and materials groups, which rose on higher commodity prices.
Materials, home to mining and fertilis...
DATE: Feb 06, 2009
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NEW YORK (Bloomberg) - Bermuda-based Assured Guaranty Ltd., the bond insurer backed by billionaire Wilbur Ross, said its pretax loss expenses rose five-fold to $114.8 million last quarter, mainly because of rising costs associated with souring home-l...
DATE: Feb 06, 2009
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It takes more than an economic crisis to stop Bermudians from travelling, if Meyer-Franklin Travel's latest addition to its leisure travel team is anything to go by.
The travel agency appointed former Delta Air Lines senior customer service agent Sak...
DATE: Feb 06, 2009
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NEW YORK (Bloomberg) — American International Group Inc., once the world's largest insurer, fell below $1, crossing the threshold at which shares may be delisted by the New York Stock Exchange if they fail to recover.
The insurer, bailed out by the U...
DATE: Feb 06, 2009
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Butterfield Bank saw its share price drop 30 cents (3.26 percent) to $8.90, with 2,700 shares traded on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
BF&M Ltd. was the only other trader, transacting 500 shares, but its share price h...
DATE: Feb 06, 2009
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Realising his campaign vow to "shut down the tax havens" will be on US President Barack Obama's back burner for the foreseeable future, according to CNN political pundit Roland Martin.
Mr. Martin, the guest speaker at the Bermuda International Busine...
DATE: Feb 06, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - Wall Street is getting a little daring once again.
Investors shook off weak economic readings yesterday and placed bets on retail and technology stocks after several companies posted better-than-expected sales and profit reports. The ...
DATE: Feb 06, 2009
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