49296 results returned for search: "" category ("Other" AND "Business")
Insurance was the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week, with BF&M Ltd. and Argus Group Holdings Ltd. trading 4,000 and 3,401 shares respectively.
BF&M saw its share price rise 25 cents (1.44 percent) to $17...
DATE: Nov 24, 2008
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NEW YORK (Bloomberg) — The dollar climbed to a two-and-a-half-year high against an index of currencies of six major US trading partners as a plunge in global stocks increased demand for the relative safety of government debt.
The yen increased versus...
DATE: Nov 24, 2008
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The global economy has been decelerating sharply and, of course, the downswing is a synchronised one. There is gloom in every region and country, as news comes in of this or that economy slipping into an officially recognised recession. But, unoffici...
DATE: Nov 24, 2008
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Bermuda-based Flagstone Reinsurance Holdings Ltd. has named a new chief financial officer and has switched the base for the job from Bermuda to Switzerland.
Flagstone announced on Friday that Patrick Boisvert will become the group's new CFO, taking o...
DATE: Nov 24, 2008
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AUTHOR:
Jonathan Kent
Fraud cost companies an average of $8.2 million in the past three years with losses increasing by 22 percent driven by the credit crunch and tough economic climate, according to the latest study by Kroll.
Kroll, which is a risk consultancy and has wo...
DATE: Nov 24, 2008
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NEW YORK (Bloomberg) — The US government may step in to rescue Citigroup Inc. after a crisis in confidence erased half the bank's stock-market value in three days, according to investors and analysts.
Citigroup's $2 trillion of assets dwarfs companie...
DATE: Nov 24, 2008
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WASHINGTON (Reuters) — This Thanksgiving, when the brother-in-law asks "How's business?" it might be a loaded question. For most of us in the midst of a weak economy, business isn't so good right now. Even putting the turkey and stuffing on the table...
DATE: Nov 22, 2008
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When a government (and country) has to increase its debt-load and runs a deficit due far too often to self-inflicted productivity declines, making up that difference in order to remain solvent has to come out of someone's pocket. Down the road, the a...
DATE: Nov 22, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) remained the same yesterday, with no share prices changing.
The Index closed the same as Thursday on 3,582.11, with 6,519 shares worth $65,280 traded.
The only companies to trade shares were KeyTec...
DATE: Nov 22, 2008
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TORONTO (Reuters) - Surging commodity prices propelled gold and energy shares to a big win over weak financials on the Toronto Stock Exchange yesterday, as the volatile session ended with a gain of more than 5.5 percent.
Every one of the 10 main subg...
DATE: Nov 22, 2008
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