49296 results returned for search: "" category ("Other" AND "Business")
Central banks around the world are busy cutting rates, bailing out financial institutions and increasingly looking at the option of quantitative easing. The Federal Reserve is of course the undeniable leader of the pack.
Fearful of the occurrence of ...
DATE: Jan 19, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the largest commercial insurer in the US, was the lead carrier on the policy for the US Airways Group Inc. plane that splashed down in New York City's Hudson River Thursday.
"US Airways is an ...
DATE: Jan 19, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer giving employees at least $619 million in retention pay, may face a congressional hearing on compensation policies put in place after being bailed out by the government.
A hearing ...
DATE: Jan 19, 2009
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Bermuda's real estate market is remaining steady, with property sales up four percent in 2008 from the previous year, while the average price of a single family home was near the 2007 level of about $1.6 million, according to the latest Government fi...
DATE: Jan 19, 2009
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Bermuda-based Seadrill took delivery on Friday of West Aquarius, a new deepwater state of the art drilling rig.
West Aquarius has a three-year contract with ExxonMobile for worldwide exploration activities.
The high-specification, semi- submersible d...
DATE: Jan 19, 2009
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DATE: Jan 19, 2009
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Bermuda is in the American political spotlight once again with the publication of a report on "tax havens" which shows that the 100 largest US corporations have a combined total of 229 subsidiaries on the Island.
The Government Accountability Office ...
DATE: Jan 19, 2009
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AUTHOR:
Jonathan Kent
WASHINGTON (Bloomberg) — President-elect Barack Obama is likely to back a financial-rescue effort that channels capital to banks and deals with troubled assets clogging balance sheets, according to people familiar with the matter.
Obama's team will a...
DATE: Jan 19, 2009
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Butterfield Bank intends to repurchase three million of its shares in 2009, in a move designed to enhance shareholder value.
The Bermuda Stock Exchange announced on Friday that the Bank had advised it of its intention to buy back what amounts to 3.05...
DATE: Jan 19, 2009
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BF&M Ltd. was the only domestic company to see its stock price change in yesterday's quiet trading session on The Royal Gazette / Bermuda Stock Exchange (BSX).
The insurer and pension provider slipped ten cents (0.58 percent) to close the week on $17...
DATE: Jan 17, 2009
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