49296 results returned for search: "" category ("Other" AND "Business")
Bermuda stocks dipped again yesterday as the Royal Gazette/Bermuda Stock Exchange fell 34.83 points to close at 3,817.68.
Both Belco and Butterfield Bank hit new 52-week lows. Belco stock fell 5.27 percent ($0.95), closing at $17.05 after 1,885 share...
DATE: Oct 07, 2008
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BANGALORE (Reuters) - Bermuda-based Orient-Express Hotels Ltd. said a proxy advisory firm, Glass Lewis & Co, recommended that the company's stockholders vote against proposals by dissident shareholders to amend its voting structure at a special meeti...
DATE: Oct 07, 2008
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The California Department of Insurance has added Ironshore Specialty Insurance Company (ISIC) to its List of Eligible Surplus Lines Insurers (LESLI listing).
ISIC, a subsidiary of Bermuda-based Ironshore, will provide specialty commercial insurance c...
DATE: Oct 07, 2008
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Bermuda insurer Endurance Specialty Holdings Ltd. yesterday estimated that hurricanes Ike and Gustav would cost the company around $145 million.
Endurance also announced that its estimate of realised losses on its investment portfolio for the third q...
DATE: Oct 07, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index dropped more than 5 percent yesterday, at one point recording its biggest intraday loss since Black Monday in 1987, as signs that the financial crisis was spreading to European banks sent in...
DATE: Oct 07, 2008
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BERLIN (Bloomberg) — The German government and the country's banks and insurers agreed on a 50 billion euro ($68 billion) rescue package for commercial property lender Hypo Real Estate Holding AG after an earlier bailout faltered.
The financial indus...
DATE: Oct 06, 2008
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NEW YORK (Reuters) - Wall Street's mood will likely remain dark this week as fall-out from the credit crisis continues to corrode the US economy and questions linger about the likely effectiveness of the newly passed bailout plan in shoring up the fi...
DATE: Oct 06, 2008
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There was some light at the end of the tunnel for Allied World employees as they took part in a major excavation project in Dockyard last week.
About 25 of the company's staff got their hands dirty by clearing a tunnel discovered earlier this year un...
DATE: Oct 06, 2008
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One of Hamilton's most exciting building developments in recent times is going full steam ahead, despite the fall-out from the current financial crisis, according to developers West Hamilton Holdings Ltd.
Belvedere Place, the site of the former Bermu...
DATE: Oct 06, 2008
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The news on the US economy is grim indeed. Unfortunately, there is nothing to cheer about in other countries and regions either. China stands out with the most positive profile. However, the outlook is becoming cloudier, with leading indicators signa...
DATE: Oct 06, 2008
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