49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Bloomberg) - Lawmakers and regulators clashed over a proposal that could open the US insurance industry, now supervised by individual states, to federal regulation.
Jeremiah Norton, a Treasury deputy assistant secretary, told a House Fina...
DATE: Jun 12, 2008
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WASHINGTON (AP) — The Energy Department says motorists can expect gasoline prices to remain close to $4 a gallon through next year.
Oil prices should remain well above $100 a barrel through 2009, says Guy Caruso, head of the department's Energy Infor...
DATE: Jun 12, 2008
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It is not every day you get to meet with and discuss your ideas and thoughts with your company's top boss.
But that is exactly what 12 of the Bank of Bermuda's staff did when they were awarded parent company HSBC's most prestigious accolade for the N...
DATE: Jun 12, 2008
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NEW YORK (Bloomberg) — Fidelity Investments, the world's largest mutual-fund company, is being sued over losses linked to investments in sub-prime mortgage-backed securities made by its Ultra-Short Bond Fund.
Fidelity made "misleading or inaccurate" ...
DATE: Jun 12, 2008
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TORONTO (Bloomberg) - Canadian stocks fell a fourth straight day, for their longest losing streak since January, as the Royal Bank of Canada led a decline in finance shares and industrial companies slid, outweighing gains by energy producers.
Royal B...
DATE: Jun 12, 2008
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US insurers are heavily dependent on Bermuda for financial stability — that is according to a report by a top American economist.
The study, entitled Bermuda Insurance Market: An Economic Analysis and written by Dr. David Cummins of the Wharton Schoo...
DATE: Jun 12, 2008
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Bermuda-based bond insurer Security Capital Assurance Ltd.'s share price plunged 27 percent yesterday after it lost a legal battle with Merrill Lynch.
The court ruling means that SCA will have to stand by some $3.1 billion of guarantees on disputed d...
DATE: Jun 12, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - Wall Street tumbled yesterday as oil prices rebounded, fanning concerns that inflation will further pinch consumers and lead central banks to raise interest rates. The Dow Jones industrial average fell more than 200 points to its lowe...
DATE: Jun 12, 2008
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US Consul General Gregory Slayton encouraged members of the insurance industry to band together for an image overhaul.
Mr. Slayton told the guests at the Insurance Day Summit, held at the Fairmont Hamilton Princess yesterday, he believed Bermuda woul...
DATE: Jun 11, 2008
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HARWICK, Mass (Reuters) - Federal Reserve Chairman Ben Bernanke yesterday signalled the central bank would act to strongly resist rising inflation, as energy costs soar into the stratosphere. Bernanke also played down a May surge in the unemployment ...
DATE: Jun 11, 2008
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