49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange's main index logged a small gain yesterday as oils strengthened and financials rose as the US Congress appeared close to an agreement on a financial industry bailout plan, but gains were dampened by weak...
DATE: Sep 26, 2008
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MONTREAL (Bloomberg) — Bank of Canada Governor Mark Carney said while domestic banks are faring well amid the crisis in US financial markets, demand for Canada's products may drop more than anticipated and inflation may slow.
"The current situation p...
DATE: Sep 26, 2008
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Axis Capital Holdings Ltd. may have to pay as much as $430 million for claims from Hurricanes Gustav and Ike, the Bermuda reinsurer said yesterday.
And the company also said it exects to realise a loss of $60 million related to the US government take...
DATE: Sep 26, 2008
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Ratings agency A.M. Best Co. yesterday affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of "a+" of Lloyd's Syndicate 2003 (United Kingdom), which is managed by the Bermuda-based Catlin Group Ltd.
Best said the ra...
DATE: Sep 26, 2008
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NEW YORK (Bloomberg) — Accenture Ltd., the world's second- largest technology-consulting firm, said fourth-quarter profit rose 37 percent after the company won more outsourcing contracts.
Net income increased to $434.8 million, or 67 cents a share, f...
DATE: Sep 26, 2008
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Bermuda's business community was given an insight into what the North East Hamilton Economic Empowerment Zone (EEZ) will mean for them at a meeting yesterday.
The event, which was hosted by the Chamber of Commerce at the Fairmont Hamilton Princess ho...
DATE: Sep 26, 2008
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@$:[AT]bylinerg:By Alex Wright[AT]bodyindent:Don't hit the panic button if your pension scheme is losing money during the current financial crisis.That is the message from Argus' executive vice-president Lauren Bell and Bill McKay, lead portfolio man...
DATE: Sep 26, 2008
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WASHINGTON (AP) — How did it happen, America's grave financial crisis? President Bush offered a bunch of explanations but held Washington completely blameless, painting a picture of a government standing innocently on the sidelines as the economy wen...
DATE: Sep 26, 2008
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With limestone trimmed walls, Gombey hats and fish chowder on the menu, Bermudian Khalid Wasi opened his new restaurant in Halifax, Canada, with the help of Premier Ewart Brown and his wife Wanda.
On Saturday night Bermudian students in the area as w...
DATE: Sep 26, 2008
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ATLANTA (Bloomberg) — Delta Air Lines Inc. and Northwest Airlines Corp. shareholders backed a merger of the companies, leaving a federal antitrust review as the final hurdle to creating the world's largest carrier.
Delta shareholders voted in favour ...
DATE: Sep 26, 2008
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