49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Bermuda-based Scottish Re Group Inc., the reinsurer bailed out by a buyout group last year, will delay the filing of its annual report.
The report will probably be completed by April 1, the company said on Friday in a statement...
DATE: Mar 10, 2008
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NEW YORK (Bloomberg) — Countrywide Financial Corp., the largest US mortgage lender, is under investigation by the Federal Bureau of Investigation for possible securities fraud, according to a person familiar with the probe.
Investigators are focusing...
DATE: Mar 10, 2008
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LONDON (Bloomberg) — The UK's main opposition Conservative Party said Prime Minister Gordon Brown should cut the rate of corporate tax to encourage growth in the economy and boost Britain's competitiveness.
George Osborne, the party's Treasury spokes...
DATE: Mar 10, 2008
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NEW YORK (Bloomberg) — MF Global Ltd., the largest broker of exchange-traded futures and options, said client funds are higher than they were a week ago when it set aside $141.5 million to cover what it called "unauthorised" trades by an employee.
"O...
DATE: Mar 10, 2008
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new york (Bloomberg) — The dollar fell to a record against the euro and to an eight-year low compared with the yen as the US lost jobs for the second straight month in February, adding to concern that the economy is in a recession.
The US currency fe...
DATE: Mar 10, 2008
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The cost of fuel and power rose almost 28 percent in a year, helping to propel the annual inflation rate to 3.9 percent, Government statistics show.
Consumer Price Index (CPI) figures for January show that year-on-year costs in the transport and vehi...
DATE: Mar 10, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - MBIA Inc, the world's largest bond insurer, on Friday said it had asked Fitch Ratings to withdraw its insurer financial strength ratings for six units, including MBIA Insurance Corp., its main bond insurance arm.
Fitch is the onl...
DATE: Mar 10, 2008
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Banking and utilities proved to be the most prosperous sectors on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
Butterfield Bank and Bermuda Commercial Bank Ltd. boosted their share prices by 10 cents each to close up at $18.10 and ...
DATE: Mar 10, 2008
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SAN FRANCISCO (Bloomberg) — Bermuda-based Marvell Technology Group Ltd., the maker of chips for Apple Inc.'s iPod media player, beat analysts' estimates with its fourth-quarter profit and sales.
Net income was $1.3 million, or break-even, compared wi...
DATE: Mar 10, 2008
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The Chamber of Commerce celebrated International Women's Day by inviting women who have excelled in the workforce.
More than 100 women were chosen to attend the annual event which saw Minister Paula Cox and Attorney General Kim Wilson mingle with pro...
DATE: Mar 10, 2008
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