49296 results returned for search: "" category ("Other" AND "Business")
Bermuda consumers are tightening their belts, according to the latest statistics released by Government.
Retail sales activity fell for the fifth straight month, by 5.3 percent in September, after adjusting for the annual retail sales rate of inflati...
DATE: Nov 18, 2008
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Ram Holdings Ltd. suffered a net loss of $40.4 million for the third quarter of 2008, mainly due to exposure to deteriorating residential mortgage-backed securities.
The bond reinsurer, which made a $14.7 million net loss during the same period last ...
DATE: Nov 18, 2008
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Bermuda-based financial guarantor Syncora Holdings Ltd. last night admitted its management had "substantial doubt" about the company's ability to continue as a going concern after it announced a net loss of $1.34 billion for the third quarter.
In its...
DATE: Nov 18, 2008
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AUTHOR:
Jonathan Kent
WASHINGTON (AP) — Federal regulators yesterday charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses.
Cuban disputed the allegations by the Se...
DATE: Nov 18, 2008
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LONDON (AP) — Britain is facing a deeper and longer recession than previously thought, the country's major employers' federation said this week.
The Confederation of British Industry, or CBI, said it expected the economy to contract by 1.7 percent in...
DATE: Nov 17, 2008
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TORONTO (Reuters) — The Canadian dollar's fall to a four-year low last month should make Canada's exports more attractive to US customers, but the plunge in the economy south of the border makes a big wave of fresh orders unlikely.
The US slowdown is...
DATE: Nov 17, 2008
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NEW YORK (Bloomberg) — Assured Guaranty Ltd., the bond insurer backed by billionaire Wilbur Ross, rose as much as 22 percent in New York trading on Friday after agreeing to acquire Dexia SA's Financial Security Assurance Holdings Ltd. for $722 millio...
DATE: Nov 17, 2008
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From rugby matches to stand-up comedy shows and even arts and music festivals — you name it, BermudaTix does it.
For the new event ticketing service, which was launched by Richard Simon this summer, covers everything from The Rugby World Classic and ...
DATE: Nov 17, 2008
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WASHINGTON (Bloomberg) — Leaders from the biggest developed and emerging nations agreed to further steps to shore up a global economy sliding into recession, and laid out regulatory proposals to prevent a recurrence of the financial crisis.
The Group...
DATE: Nov 17, 2008
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NEW YORK (Bloomberg) — By investor Stanley Nabi's calculations, Accenture Ltd. will outperform peers for at least five more months — or even longer.
Bermuda-based Accenture, the world's second-largest technology consulting company, is fending off the...
DATE: Nov 17, 2008
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