49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK/WASHINGTON (Reuters) - US prosecutors asked a judge to jail accused swindler Bernard Madoff yesterday, saying he sent jewellery and other items worth more than $1 million to family and friends in violation of his bail.
A lawyer for investmen...
DATE: Jan 06, 2009
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The Bermuda-baseed Orbis Investment Fund owns a 5.25-percent stake in Japan's biggest computer memory chip-maker Elpida Memory.
And yesterday that stake soared in value as Elpida shares rocketed 13 percent on the announcement of merger talks with Tai...
DATE: Jan 06, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - Caution returned to Wall Street yesterday as investors gave back some gains from last week's rally even as they found encouragement from President-elect Barack Obama's calls for an economic stimulus package.
Some retreat was to be exp...
DATE: Jan 06, 2009
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Butterfield Bank dropped 20 cents (1.91 percent) to close at $10.25 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 14,500 shares throughout the day.
BF&M Ltd. saw 400 shares change hands, while Argus Group Holdings...
DATE: Jan 06, 2009
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Bermuda's businesses need to work together to lead the Island through the current economic crisis in 2009 and beyond.
That is the hope Finance Minister Paula Cox, who said that the global recession will put pressure on both company and individual inc...
DATE: Jan 06, 2009
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NEW YORK (AP) — Apple Inc. founder and chief executive Steve Jobs, a survivor of pancreatic cancer, said yesterday that a treatable hormone imbalance is to blame for the weight loss that has prompted worries about his health.
Jobs, 53, said in a publ...
DATE: Jan 06, 2009
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A new year begins and, soon, a new president will take office in the United States. Expectations of change are high, as thousands of analysts have already observed. And, evidently, the challenges are enormous, particularly on the crucial economic and...
DATE: Jan 05, 2009
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Two domestic companies —Belco Holdings Ltd. and Bermuda Press (Holdings) Ltd. — ended 2008 with a bang.
In a week which straddled the old year and 2009, both companies saw their share prices jump by around one fifth, to give The Royal Gazette / Bermu...
DATE: Jan 05, 2009
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NEW YORK (Reuters) - The US dollar rallied to a three-week high against the yen on the first trading day of 2009 on Friday after a strong performance on Wall Street encouraged risk appetite.
The dollar also gained versus the euro, after data showed d...
DATE: Jan 05, 2009
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NEW YORK (Reuters) - Shares of Bermuda-based property-casualty reinsurers, beaten down with other financial stocks in recent months, are poised to benefit from brighter business prospects in 2009.
Reinsurers are likely to be bigger beneficiaries than...
DATE: Jan 05, 2009
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