49296 results returned for search: "" category ("Other" AND "Business")
The accounting community in Bermuda is mourning the loss of one of its most active and popular members and an industry leader following the death of Deloitte partner William A. (Bill) Jack earlier this week.
The offices of Deloitte in Bermuda will be...
DATE: Sep 19, 2008
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Bermuda's insurance industry bounced back yesterday after a tough day's trading on Wednesday in the wake of the American International Group (AIG) bailout by the US government.
Stocks were up across the board, with AIG climbing 31.22 percent (64 cent...
DATE: Sep 19, 2008
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NEW YORK (Bloomberg) — Investors withdrew a record $89.2 billion from money-market funds yesterday after Reserve Primary Fund became the first in 14 years to buckle under losses.
Institutions pulled $129.9 billion from accounts that can hold company ...
DATE: Sep 19, 2008
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The banking sector was hardest hit on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday in the aftermath of the AIG bailout by the US Government and Lehman Brothers filing for bankruptcy protection.
Butterfield Bank's share price dropped...
DATE: Sep 19, 2008
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NEW YORK (Bloomberg) — American International Group Inc. intends to repay an $85 billion Federal Reserve loan before the two-year deadline and may decide which assets to sell within weeks, said Edward Liddy, who was appointed by the government to run...
DATE: Sep 19, 2008
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Bermuda-based offshore law firm Appleby is set expand east with the opening of new offices in Dubai and Zurich in Switzerland.
The legal firm plans boost its global network by launching the two offices which will further extend the services it offers...
DATE: Sep 19, 2008
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NEW YORK (Bloomberg) — Billionaire Warren Buffett and Maurice (Hank) Greenberg may find bargains as the US government opens up American International Group Inc., the biggest US insurer, for a rummage sale.
AIG will probably sell assets to raise cash ...
DATE: Sep 19, 2008
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NEW YORK (AP) - Wall Street rallied in a stunning late-session turnaround yesterday, shooting higher and hurtling the Dow Jones industrials up 400 points following a report that the federal government might create an entity to absorb banks' bad debt....
DATE: Sep 19, 2008
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Businesses can boost their public profiles thanks to two former Bermuda-based journalists who have set up a new communications company offering specialist writing and public relations consultancy services to the reinsurance and risk management sector...
DATE: Sep 19, 2008
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Warwick has a new hardware store, following the grand opening of Sargasso Supplies on Saturday.
The store is located in the Middle Road premises formerly occupied by Fisher's Hardware.
Sargasso is part of the Liquid Group of companies, which also com...
DATE: Sep 19, 2008
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AUTHOR:
Jonathan Kent
