49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) - Wall Street tumbled yesterday as worries about further trouble in the financial sector, higher unemployment and lacklustre sales at retailers touched off fresh concerns about the economy. The Dow Jones industrials skidded nearly 225 p...
DATE: Aug 08, 2008
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LONDON (Reuters) - British house prices are likely to fall seven percent this year and will probably tumble 20 percent from their highs before they start to recover, a Reuters poll found, in more evidence that a decade-long boom has turned to bust.
T...
DATE: Aug 08, 2008
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Computer City has appointed Robert Swainson as its new technical and professional services manager.
Effective immediately, Mr. Swainson will take on project management and consultative functions for the company, while continuing to manage Computer Ci...
DATE: Aug 08, 2008
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Allied World Assurance Co. Holdings Ltd.'s profits plunged by more than a third due to falling insurance prices and the impact of a series of worldwide catastrophes, including a pipeline explosion in Western Australia in June.
Net income fell from $1...
DATE: Aug 08, 2008
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Argo Group International Holdings Ltd. maintained its profits for the second quarter, despite suffering $16.4 million of pre-tax storm losses.
The international specialty re/insurer saw its net income rise to $23 million, or 75 cents per share, in th...
DATE: Aug 08, 2008
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LONDON (Bloomberg) — Signet Group Plc, the world's largest jewellery-store owner which is to redomicile in Bermuda, said a sales decline worsened in the second quarter as shoppers in the US and UK pared spending in the face of weakening housing marke...
DATE: Aug 08, 2008
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Rising food prices have provided a boost in the midst of a soft market for those Bermuda insurers and reinsurers who offer agricultural insurance.
One such company is PartnerRe, whose chief executive officer Patrick Thiele said that while rates acros...
DATE: Aug 08, 2008
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AUTHOR:
Jonathan Kent
The annual Summer Internship Programme (SIP) ended yesterday with students suggesting ways to market local charities.
Twelve students were chosen to be a part of the programme this year, which is run by Ace, Bank of Bermuda and Deloitte. While comple...
DATE: Aug 08, 2008
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Thousands of pension contributors across Bermuda have been disturbed to see that the value of their retirement funds diminished during the first six months of the year.
The US property slump, sub-prime mortgage debacle and credit crisis have made for...
DATE: Aug 08, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — American International Group Inc. saw its stock price fall by the most since going public in 1969 after writing down more than $11 billion of holdings and saying it won't rule out raising capital.
"It's very hard to predict rig...
DATE: Aug 08, 2008
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