49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) — The Bank of England left interest rates on hold at five percent for a fifth month running yesterday, but most economists expect sharp cuts next year.
With inflation more than double the central bank's two percent target, all 67 eco...
DATE: Sep 05, 2008
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Flagstone Reinsurance Holdings Ltd. (FSR) and its subsidiaries have been affirmed the 'A-' Insurer Financial Strength (IFS) ratings and 'BBB+' Issuer Default Ratings (IDRs) by Fitch Ratings.
Fitch's rating action follows completion of its review of F...
DATE: Sep 05, 2008
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Former US Secretary of States General Colin Powell and Bob Geldof will be among the speakers at the global risk conference hosted by Bermuda-based XL Capital in Washington, DC next month.
Under the theme of "Intelligent Change for a World at Risk", t...
DATE: Sep 05, 2008
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AUTHOR:
Jonathan Kent
LOM Money Market Fund Class A, a class of LOM Asset Management's flagship Money Market Fund, has been affirmed the AAAm rating by Standard & Poor's (S&P).
The class has been rated AAAm by S&P since March, 2001.
DATE: Sep 05, 2008
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Bermudians and tourists will be able to navigate their way around the Island much easier thanks to a new online map launched by Google.
The Internet website search engine introduced the programme called MapMaker, which is currently being used to put ...
DATE: Sep 05, 2008
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MIAMI (Bloomberg) — Sales of distressed Miami properties have begun, signalling a bottom for south Florida's real estate market and the end of waiting for vulture funds armed with about $30 billion to spend.
The sale of 120 condominiums last month to...
DATE: Sep 05, 2008
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TORONTO (Reuters) — The Toronto Stock Exchange's main index skidded sharply for a third session yesterday, battered by worries about slowing global growth and the impact that will have on the demand for resources.
Concerns over weakness in the US lab...
DATE: Sep 05, 2008
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NEW YORK (AP) — Wall Street plunged yesterday, sending the Dow Jones industrial down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year rec...
DATE: Sep 05, 2008
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Insured losses from Hurricane Gustav are expected to be revised downwards today, with catastrophe modelling firm Risk Management Solutions set to release updated estimates.
RMS catastrophe response manager Neena Saith said yesterday that while it was...
DATE: Sep 05, 2008
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Bermuda insurers saw their market capitalisation plunge by hundreds of millions of dollars yesterday, as Wall Street suffered its steepest decline in more than two months.
The Dow Jones Industrial Average tumbled by 340 points, after government figur...
DATE: Sep 05, 2008
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