49296 results returned for search: "" category ("Other" AND "Business")
Lloyd's Syndicate 609 (UK), managed by Atrium Underwriters Ltd., owned by Bermuda company Ariel Holdings, has had its syndicate rating of A (excellent) and issuer credit rating (ICR) of A+ affirmed by AM Best Co.
The outlook on both ratings has been ...
DATE: Jan 29, 2008
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The Listing Committee of the Bermuda Stock Exchange (BSX) has announced the approval of the listing 4,999,900 shares of one cent each, at an issue price of $100, under the provisions for Qualified Investor, of Renaissance Russia Distressed Assets Ltd...
DATE: Jan 29, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index overcame early losses to end higher yesterday, boosted by resource shares and expectations of another US interest rate cut later in the week.
After falling more than 100 points in the mornin...
DATE: Jan 29, 2008
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Financial market problems may dent global economic growth, but emerging countries should continue to expand — that is according to the latest report by Bermuda Investment Advisory Services (BIAS).
BIAS' Quarterly Review & Outlook, dated December 31, ...
DATE: Jan 29, 2008
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A Bermuda-based hedge fund is at the centre of a complex legal case involving two American investment companies accused by the United States' Securities and Exchange Commission (SEC) of collecting $30 million from investors under fraudulent circumsta...
DATE: Jan 29, 2008
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PARIS (Bloomberg) — Jerome Kerviel, accused by Societe Generale SA of unauthorised trading that led to 4.9 billion euros ($7.2 billion) in losses, was charged with attempted fraud by the French financial police yesterday.
Kerviel, 31, admitted to hac...
DATE: Jan 29, 2008
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LONDON (Reuters) - Renewed stock market jitters and further evidence of a teetering housing market added to worries over Britain's economy yesterday as a Bank of England policymaker said UK interest rates were too high.
The BoE's David Blanchflower, ...
DATE: Jan 29, 2008
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One of the most important aspects of the IT sector is to stay on the cutting edge of technology and one step ahead of the competition.
And that is exactly what Applied Computer Technologies (ACT) has been striving to do for the past 25 years it has b...
DATE: Jan 29, 2008
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NEW YORK (AP) - A jittery Wall Street advanced yesterday, reversing some of Friday's sharp losses as investors took a dismal new home sales report as a sign the Federal Reserve will lower rates this week.
The Dow Jones industrial average rose more th...
DATE: Jan 29, 2008
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Bermuda reinsurer PartnerRe yesterday announced it would raise its annual dividend for the 15th year in succession since the company's inception in 1993.
The dividend will rise by seven percent to $1.84 per common share, from $1.72 per common share, ...
DATE: Jan 29, 2008
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