49296 results returned for search: "" category ("Other" AND "Business")
The banking sector was where all the action was on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Butterfield Bank and Bermuda Commercial Bank Ltd. both dropped five cents, as 14,000 and 3,100 shares were traded by each respectively....
DATE: Feb 06, 2008
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Perhaps it was wishful thinking, but I thought by now I would be able to sit at any city cafe, park bench or airport bar across the country and jump on the Internet via a free Wi-Fi connection.
Such ubiquitous Wi-Fi is still years away.
But several c...
DATE: Feb 06, 2008
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TORONTO (Reuters) - In its worst session in two weeks, the Toronto Stock Exchange's main index dived yesterday, led lower by resource shares amid a broad sell-off sparked by heightened worries of a US recession.
Data from the US Institute for Supply ...
DATE: Feb 06, 2008
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PARIS (AP) — Potential legal troubles for French bank Societe Generale have expanded to the United States and the futures trader allegedly at the root of the $7 billion scandal is now under police protection.
Societe Generale's New York branch was co...
DATE: Feb 06, 2008
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NEW YORK (AP) — Municipal bond investors were in a wary frame of mind yesterday as they waited to learn whether ratings agencies will downgrade some ailing bond insurers.
Uncertainty about the fate of the companies that insure municipal bonds has cas...
DATE: Feb 05, 2008
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NEW YORK (AP) - Wall Street retrenched yesterday, closing sharply lower as investors showed their cautious side and cashed in profits from the market's best week in nearly five years. The Dow Jones industrial average fell more than 100 points.
Given ...
DATE: Feb 05, 2008
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The Risk and Insurance Management Society (RIMS) has announced plans to release a study this spring on the state of Enterprise Risk Management (ERM).
The report is based on data gathered from some 500 corporate risk practitioners over the course of t...
DATE: Feb 05, 2008
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KINGSTON, Jamaica (AP) — Prime Minister Bruce Golding said the Jamaican government must divest all financial holdings in the state-owned airline because the ailing carrier is a drain on the cash-strapped island's budget.
Golding said Air Jamaica has ...
DATE: Feb 05, 2008
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NEW YORK (Bloomberg) — Banks may lose $5 billion to $7 billion if bond insurers including those owned by MBIA Inc. and Ambac Financial Group Inc. lose their top ratings, less than what other analysts estimate, Morgan Stanley analysts said yesterday.
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DATE: Feb 05, 2008
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Bermuda-based bond insurer Ram Holdings Ltd. said yesterday it is exploring ways to improve its capital position after Moody's put its financial strength rating on review for possible downgrade.
In a response to the Moody's action, Ram also said: "Du...
DATE: Feb 05, 2008
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