49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - Gloomy economic data and warnings from the US Federal Reserve that hard times were still to come wiped out two days of relative optimism about the credit crisis and sent markets into free-fall yesterday.
The Dow Jones industrial ...
DATE: Oct 16, 2008
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Allied World Assurance Company Holdings expects to report $150 million in net realised investment losses and $60 million in net unrealised investment losses for the third quarter of 2008.
The company released preliminary third quarter estimates yeste...
DATE: Oct 16, 2008
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Bermuda Digital Communications has purchased a major stake in a Turks and Caicos telecommunications provider.
BDC, which operates as CellularOne on the Island, yesterday announced the purchase of a strategic lead stake in two-year-old Islandcom Telec...
DATE: Oct 15, 2008
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LONDON (AP) — Britain's Prime Minister Gordon Brown appealed yesterday for the restoration of integrity in the banking system, describing the return of trust as critical in creating a viable world economic recovery.
Brown told reporters in London tha...
DATE: Oct 15, 2008
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NEW YORK (Reuters) - Bermuda-based diversified manufacturer Ingersoll-Rand Co Ltd cut its profit forecast for the third quarter and all of 2008, citing weaker North American and Western European markets and a rebound in the US dollar, but shares reco...
DATE: Oct 15, 2008
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Department store AS Cooper and Sons will be discontinuing its in house charge accounts as of October 25.
Coopers managing director P. Somers Cooper told The Royal Gazette that the store is making the move simply because charge accounts have become so...
DATE: Oct 15, 2008
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Argus Group shares fell $0.15 (1.16 percent) yesterday in trading on the Royal Gazette/Bermuda Stock Exchange.
Argus closed at $12.75 — falling to a new 52-week low — after 5,000 shares changed hands.
The only other active stock yesterday was Butterf...
DATE: Oct 15, 2008
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Hurrah! OpenOffice 3.0 has been released, but you'll have to wait a bit before testing this update of the open source answer to Microsoft Office.
That is because since the release, the OpenOffice.org site has been swamped with downloads. Now the site...
DATE: Oct 15, 2008
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BEIJING (Bloomberg) — Air China Ltd., facing its first drop in full-year domestic traffic since 2003, forecast an increase of as much as 10 percent next year as the nation's growth shields the carrier from a global economic slowdown.
"The demand for ...
DATE: Oct 15, 2008
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TOKYO (Bloomberg) — Toyota Motor Corp., Japan's biggest carmaker, surged the most in almost 21 years in Tokyo after US and European governments agreed to buy stakes in banks helping ease credit market concerns.
Toyota rose 500 yen, its daily trading ...
DATE: Oct 15, 2008
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