49296 results returned for search: "" category ("Other" AND "Business")
International General Insurance Company Ltd. (IGI) (Bermuda) has been assigned a financial strength rating of A- (excellent) and an issuer credit rating of "a-" by AM Best Co.
Best has also assigned an issuer credit rating (ICR) of "bbb-" to Internat...
DATE: Mar 31, 2008
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Even before the recent economic mudslide, the inbox for my regular online chat filled up with questions from people wondering how to get out of debt or seeking assurances that they were not the crazy ones in trying to pay off loans aggressively.
The ...
DATE: Mar 29, 2008
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Risk and trust are not complementary. After wandering on last week about the true meaning of risk-free returns and the difference between a risk-free investment and a risk premium, it is only fair that I try to give you a few ideas in finding investm...
DATE: Mar 29, 2008
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NEW YORK (AP) - When Enron Corp. and WorldCom Inc. collapsed into bankruptcy several years ago, their employees lost billions as the company stock in their retirement accounts became all but worthless. Now, employees of Bear Stearns Cos., the trouble...
DATE: Mar 29, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) saw 10,868 shares traded yesterday.
The shares were valued at $147,172.4. It closed at 5,188.59, a net drop of 6.79 points or 0.13 percent.
Butterfield Bank's share price dropped by five cents endi...
DATE: Mar 29, 2008
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LONDON (Bloomberg) - European Aeronautic, Defence & Space Co. (EADS) and four partners signed a £13 billion ($26 billion) contract to manufacture a fleet of airborne refueling tankers for Britain's Royal Air Force.
AirTanker, a joint venture includin...
DATE: Mar 28, 2008
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Bermuda-based SVP Worldwide, owner of PFAFF(R) - a brand of sewing and embroidery machines - has announced the new PFAFF CREATIVE VISION sewing and embroidery machine has been awarded the prestigious international 2008 Red Dot Design Award - The Best...
DATE: Mar 28, 2008
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NEW YORK (Bloomberg) - The auction-rate bond crisis is raising borrowing costs on more than sewers and hospitals, forcing some states to pay three times higher interest on 65,000-seat sports arenas with moving roofs and 50-foot video displays.
Debt p...
DATE: Mar 28, 2008
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Bermuda-based offshore and onshore drilling rig and vessel operator Seadrill has announced the sale of 13,948,000 shares in Odfjell Invest ASA and entered into a forward contract for the equivalent number of shares with the due date on September 8.
F...
DATE: Mar 28, 2008
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NEW YORK (AP) - Wall Street sank in volatile trading yesterday after the government confirmed that the last quarter of 2007 did indeed see a sharp economic slowdown. For the second straight session, the Dow Jones industrial average fell more than 100...
DATE: Mar 28, 2008
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