49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (AP) - Even before Congress passes an economic stimulus package, identity thieves are using promises of tax rebates to trick people into revealing financial and personal data, the Internal Revenue Service (IRS) warned on Wednesday.
Under o...
DATE: Feb 01, 2008
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Two young Bermudians have been given the unique experience of seeing first hand how the insurance industry works in Bermuda and London.
Robin Anderson and Sergio Lottimore, who are both Bermuda Foundation for Insurance Studies (BFIS) scholars, joined...
DATE: Feb 01, 2008
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WASHINGTON (Dow Jones/AP) — The pace of loan modifications on adjustable sub-prime mortgages is lagging, which could prompt regulatory action on the mortgage industry, US Federal Deposit Insurance Corp. Chairman Sheila Bair warned yesterday.
"Unfortu...
DATE: Feb 01, 2008
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GEORGE TOWN, Cayman Islands (Reuters) - A proposed tax change by the US Internal Revenue Service could drive more captive insurers offshore, providing a boost to Cayman and Bermuda and hurting Vermont and other US states that have sought to snare a p...
DATE: Feb 01, 2008
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NEW YORK (Bloomberg) — MBIA Inc. chief executive officer Gary Dunton said the world's largest bond insurer has more than enough capital to keep its AAA credit rating and dismissed speculation the company may go bankrupt.
Dunton, speaking on a confere...
DATE: Feb 01, 2008
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LONDON (Reuters) - Royal Dutch Shell notched up the biggest ever profit of a European company of $27.6 billion in 2007, but lower production and indications of disappointing reserves suggest future earnings growth will rely on oil price rises.
The wo...
DATE: Feb 01, 2008
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TORONTO (Reuters) - Shaking off a weak start, the Toronto Stock Exchange's main index pushed higher yesterday, as investors scouted for bargains in shares that had been knocked down by worries over the global economy.
Gains were across the board as t...
DATE: Feb 01, 2008
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WASHINGTON (Reuters) - Insurance companies' handling of damage claims from hurricanes, where both wind and water destroy property, needs closer government scrutiny, congressional investigators said on Wednesday.
Following bitter complaints from some ...
DATE: Feb 01, 2008
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NEW YORK (AP) - Wall Street ended a frenetic January with a huge advance yesterday after investors set aside worries about bond insurers and grew more optimistic that the Federal Reserve's interest rate cuts will indeed help lift the economy. The Dow...
DATE: Feb 01, 2008
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Domestic drug-trafficking is one of the main sources of money laundering in Bermuda according to both public and private sectors.
That is the view of the International Monetary Fund (IMF), which published its report entitled Anti-Money Laundering and...
DATE: Feb 01, 2008
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