49296 results returned for search: "" category ("Other" AND "Business")
Estate and succession planning was among some of the hot topics up for debate when Bermuda's top trust and estate practitioners converged at a meeting held in the Fairmont Hamilton Princess hotel.
The eighth annual Trust and Estates Conference hosted...
DATE: Feb 22, 2008
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LONDON (Reuters) - Fears are growing that homeowners with 100 percent-plus mortgages could run into trouble after a string of lenders, including Northern Rock, scrapped deals that allow people to borrow more than the cost of their home.
Hard-pressed ...
DATE: Feb 22, 2008
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NEW YORK (Reuters) - Oil tumbled nearly $2 yesterday as US economic concerns and growing inventories offset expectations OPEC could cut output when it meets next month.
US crude for April delivery fell $1.86 to $97.84 a barrel during yesterday, after...
DATE: Feb 22, 2008
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NEW YORK (AP) - The stock market finished with a sharp loss yesterday after bleak readings on the economy heightened investors' fears of a recession. The Dow Jones industrial average fell more than 140 points.
Wall Street was disappointed when the Ph...
DATE: Feb 22, 2008
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VADUZ, Liechtenstein (AP) — Liechtenstein is in trouble again over its banking rules, accused of being a haven for European tax evaders — years after it hurriedly revised its laws to shake off the label of being a money-laundering centre.
While the t...
DATE: Feb 22, 2008
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FRANKFURT (Bloomberg) — Dresdner Bank AG, Germany's third-largest bank, agreed to rescue its $18.8 billion structured investment vehicle, joining Citigroup Inc. and HSBC Holdings Plc in bailing out funds crippled by the collapse of the sub-prime mort...
DATE: Feb 22, 2008
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The Bermuda Stock Exchange (BSX) has been admitted to America's Central Securities Depositories Association at the organisation's 10th Annual General Assembly in Panama City, Panama.
The Caja Venezolana de Valores, SA, Venezuela and Barbados Central ...
DATE: Feb 22, 2008
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Platinum Underwriters Holdings has increased has increased its existing share repurchase programme to $250 million.
This represents an increase of approximately $165 million from a total of about $85 million remaining in the programme by the Bermuda-...
DATE: Feb 22, 2008
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WASHINGTON (AP) — The Federal Reserve yesterday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation.
The updated for...
DATE: Feb 21, 2008
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WASHINGTON (Reuters) - Steep food and fuel prices that are taxing global consumers and handcuffing recession-wary central bankers threaten to seep deeper into export channels, triggering a worrisome second round of global inflation pain.
The symptoms...
DATE: Feb 21, 2008
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