49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based shipping company Nordic American Tanker Shipping Ltd. (NAT) last night announced it would offer three million common shares for sale to raise money for planned future acquisitions.
The company expects to close the sale of the shares on ...
DATE: Jan 08, 2009
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AUTHOR:
Jonathan Kent
SIOUX FALLS, South Dakota (AP) — Energy prices plunged across the board yesterday after a government report showed US oil reserves were much greater than expected, suggesting demand continues to fall.
Sweet crude for February delivery tumbled 12 perc...
DATE: Jan 08, 2009
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TORONTO (Bloomberg) - Canadian stocks fell for the first time in seven days, led by energy and commodity producers, as declining fuel and metal prices and an acceleration in US job cuts fed concern that the recession will depress demand.
Canadian Nat...
DATE: Jan 08, 2009
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london (Bloomberg) — Bermuda-based Frontline Ltd., the world's biggest owner of supertankers, said oil traders want to charter as many as 10 vessels to stockpile crude to take advantage of higher prices later in the year.
About 25 supertankers were a...
DATE: Jan 08, 2009
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Companies subletting their premises could have a big impact on the future of new developments in Hamilton and their ability to find tenants, according to real estate and construction experts.
Yesterday The Royal Gazette reported that XL Capital Ltd. ...
DATE: Jan 08, 2009
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NEW YORK (Bloomberg) — Allied World Assurance Company Holdings Ltd., the insurer co-founded by American International Group Inc. and Chubb Corp., said a subsidiary increased the maximum available under a credit line to $900 million.
The previous limi...
DATE: Jan 08, 2009
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NEW YORK (AP) - A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month yesterday.
The news upended some investors' hopes for a speedy economic recovery ...
DATE: Jan 08, 2009
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Belco Holdings Ltd. bounced back from its 16.7 percent loss the previous day with a 20 percent gain ($3) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 800 shares to close at $18 at the end of the day....
DATE: Jan 08, 2009
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Bermuda is set to see a glut of available office space as hundreds of thousands of extra square feet of commercial real estate becomes available.
That is the view of Paul Lowry, a director of construction industry professional services firm Woodbourn...
DATE: Jan 08, 2009
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NEW YORK (Bloomberg) — Tyco International Ltd., the world's largest maker of security systems, increased the size of its planned debt sale to $750 million of ten-year notes, according to a person familiar with the offering.
The notes may pay a yield ...
DATE: Jan 08, 2009
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