49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange's main index finished little changed yesterday, weakened by profit-taking, while shares of Nortel and Magna weighed.
Both companies were among the biggest laggards by weight after reporting disappointing...
DATE: Feb 28, 2008
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LONDON (Bloomberg) - Old Mutual Plc, the UK insurer that makes most of its money in South Africa, posted 2007 operating profit that fell short of analysts' estimates as currency and economic weakness hurt sales.
Pre-tax profit under European Embedded...
DATE: Feb 28, 2008
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Scottish Re Group's financial strength rating (FSR) has been downgraded to B (fair) from B+ (good) and its issuer credit ratings (ICR) have been slashed to "bb" from "bbb-" by AM Best following concerns over continued sub-prime mortgage loan market d...
DATE: Feb 28, 2008
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The sub-prime mortgage crisis could open up opportunities for the Bermuda insurance market in the same way that major hurricanes have done in the past.
That is the view of Matthew Elderfield, chief executive officer of financial regulator the Bermuda...
DATE: Feb 28, 2008
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Bermuda-based money manager W.P. Stewart & Co. is reviewing "strategic alternatives" after its assets under manager management dropped 20 percent last quarter and 50 percent last year.
The company announced last night has it hired Merrill Lynch & Co....
DATE: Feb 28, 2008
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Government set out its stall for tackling illegal companies trying to open up shop in Bermuda following the passing of the Companies Amendment Act 2008.
The proposal to amend the fifth schedule of the Companies Act 1981, which lists the annual compan...
DATE: Feb 28, 2008
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NEW YORK (AP) - Wall Street finished mixed in another see-saw session yesterday after regulators allowed Fannie Mae and Freddie Mac to buy more mortgages and Federal Reserve chairman Ben Bernanke said the central bank will remain vigilant about the w...
DATE: Feb 28, 2008
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LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the oil-tanker business led by Norwegian billionaire John Fredriksen, has appointed Kathrine Fredriksen as a director.
Fredriksen, the daughter of chief executive officer John Fredriksen, will replac...
DATE: Feb 27, 2008
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Camfrog Video Chat represents a still struggling attempt by a site to catch a ride on the "online video community" phenomenon. Basically, this industry is composed of sites that gather huge numbers users by allowing them to interface in a wide variet...
DATE: Feb 27, 2008
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AUTHOR:
Ahmed Elamin
Before we get into the heavyweight elements of this subject, I have to point out to you that my views here do not reflect the views of The Royal Gazette or Bermuda Microsystems Group, and are purely based out of my personal experiences and knowledge....
DATE: Feb 27, 2008
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