49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Record tornado damages, the weakening economy and a drop in premiums may reduce insurers' earnings by 30 percent, the steepest second-quarter decline since 2002.
The industry's slump in profits is worse than all 24 groups in th...
DATE: Jul 18, 2008
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WASHINGTON (AP) — A man wanted by Liechtenstein for leaking secret banking information that identified millionaire tax cheats across Europe and the US has described to congressional investigators how money was concealed.
Lawmakers played a videotape ...
DATE: Jul 18, 2008
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The recent credit crisis was a good thing for the Insurance-Linked Securities (ILS) sector, delegates were told at a top conference held at the Fairmont Southampton yesterday.
The fourth Insurance-Linked Securities Summit, which has been running from...
DATE: Jul 18, 2008
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NEW YORK (Reuters) - Oil dropped by $5 yesterday, extending a decline of about 12 percent from last week's record on worries over US demand and easing political tensions between Iran and the West over the Opec producer's nuclear programme.
Oil's slid...
DATE: Jul 18, 2008
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Belco Holdings Ltd. fell five cents (0.23 percent) to $21 during another quiet day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company also traded 1,700 shares throughout the day.
Other traders included ...
DATE: Jul 18, 2008
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NEW YORK (AP) - Wall Street shot higher yesterday, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names like JPMorgan Chase and Unit...
DATE: Jul 18, 2008
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NEW YORK (Bloomberg) - Tyco International Ltd.'s imprisoned former chief, Dennis Kozlowski, and his second wife, Karen, reached a divorce settlement almost two years after she moved to dissolve the marriage following his theft and fraud conviction.
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DATE: Jul 17, 2008
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Business is booming for Bermuda's boat cruise and charter operators despite companies making cutbacks and tourist numbers plummeting.
Gavaska Lodge, who took over MV Longtail Crusies earlier this year, said it was a case of so far, so good for his ne...
DATE: Jul 17, 2008
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NEW YORK (Bloomberg) — American Airlines parent AMR Corp. rose the most in five years and Delta Air Lines Inc. had its biggest gain in 14 months as the carriers' operating profits beat analysts' estimates and oil fell for a second day.
Both companies...
DATE: Jul 17, 2008
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TORONTO, (Reuters) - The Toronto Stock Exchange's main index finished nearly 150 points higher yesterday as surprisingly strong quarterly results from a US bank invigorated the financial sector and helped the benchmark shake off a weak showing by ene...
DATE: Jul 17, 2008
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