49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Reuters) - Current and former CEOs of three major US financial institutions deeply involved in the widening sub-prime mortgage crisis were asked this week by a Congressional committee to testify at a hearing next month on their massive pa...
DATE: Jan 16, 2008
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NEW YORK (Bloomberg) — Sales at US retailers may rise no more than one percent in January, less than the International Council of Shopping Centers estimated last week, as consumers limit spending in the face of declining housing prices.
The ICSC lowe...
DATE: Jan 16, 2008
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LONDON (AP) - The new owners of music label EMI Group - home of the Rolling Stones, Coldplay and the Spice Girls - said yesterday that they plan to cut up to 2,000 jobs, or more than a third of its work force, in a restructuring aimed at offsetting t...
DATE: Jan 16, 2008
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Fitch Ratings has affirmed American International Group, Inc.'s issuer default rating (IDR) at "AA" and affirmed all of AIG's insurance subsidiaries. The rating outlook is stable.
Fitch said the affirmations "reflect AIG's pre-eminent global insuranc...
DATE: Jan 16, 2008
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Bermuda has a staggering total of just under $110 billion invested in its hedge funds — that is, according to the latest issue of Tax Notes.
The article by Martin Sullivan, contributing editor to Tax Notes' parent company Tax Analysts, revealed that ...
DATE: Jan 16, 2008
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TORONTO (Bloomberg) - Canadian stocks fell the most in more than three years after Canadian Imperial Bank of Commerce sold more than C$2.75 billion ($2.7 billion) in discounted stock to cover writedowns tied to US mortgages.
Suncor Energy Inc. and Go...
DATE: Jan 16, 2008
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BF&M Ltd. suffered a 75 cent (3.8 percent) loss from its share value on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance company closed down at $19.25, with 2,200 shares traded throughout the day.
Among the other movers w...
DATE: Jan 15, 2008
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Offshore law firm Conyers Dill & Pearman is set to go truly international with the launch of a new office in Moscow, Russia later this year.
With an anticipated opening in March 2008, the new office set-up will allow Conyers to use its offshore law ...
DATE: Jan 15, 2008
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TORONTO (Bloomberg) - Canadian stocks advanced as record gold, platinum, corn and soybean prices pushed a group of raw-material producers to a new high.
Potash Corporation of Saskatchewan Inc., the world's biggest fertilizer maker, rose the most sinc...
DATE: Jan 15, 2008
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The search is on to find Bermuda's 'Wonder Woman' to be honoured at a top business lunch held later this year.
The Chamber of Commerce is on the lookout for the Island's big female success stories of the year when they host the second Annual Wonder W...
DATE: Jan 15, 2008
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