49296 results returned for search: "" category ("Other" AND "Business")
Bermuda's banks are lending more money, in cash terms, than ever - the latest report released by the Bermuda Monetary Authority reveals.
They are handing out $4.1 billion in loans, advances and mortgages, while taking in $3.6 billion in deposits for ...
DATE: Dec 28, 2007
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The use of unauthorised reinsurance is growing in the US property/casualty insurance industry - according to a special report by AM Best.
But the report also reveals that an expensive infrastructure of collateral tracking, accounting and reporting su...
DATE: Dec 28, 2007
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DULLES, Virginia (BUSINESS WIRE) — Orbital Sciences Corporation, the world's leading manufacturer of smaller-sized geosynchronous (GEO) communications satellites, has successfully launched the Horizons-2 satellite into orbit during a mission that too...
DATE: Dec 28, 2007
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A chorus of approval has been given to the news that terrorism insurance backstop provision by the US government is to be extended for a further seven years.
It removes the spectre of insurance and reinsurance firms pulling out of risky coverage for ...
DATE: Dec 28, 2007
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AUTHOR:
Scott Neil
Consumer products proved to be the flavour of the day on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with Kentucky Fried Chicken leading the way.
The fast food company saw its share price soar 45 cents (6.4 percent) to close up at...
DATE: Dec 28, 2007
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Bear Stearns can challenge an order to pay out $125 million to investors who were left high-and-dry by the collapse of Bermuda-administered Manhattan Investment Fund in 2000.
The New York broker continued to accept $125 million in margin payments fro...
DATE: Dec 27, 2007
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AUTHOR:
Scott Neil
NEW YORK (AP) — Panden Rota, a Nepalese producer of fine rugs, is about to become a Manhattanite, the owner of a sumptuous apartment in the luxurious downtown neighborhood of Battery Park City.
His primary residence will remain Katmandu, but his new ...
DATE: Dec 27, 2007
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ARAHUAY, Peru (AP) — Doubts about whether poor, rural children really can benefit from quirky little computers evaporate as quickly as the morning dew in this hilltop Andean village, where 50 primary school children got machines from the One Laptop P...
DATE: Dec 27, 2007
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There was little festive cheer on the Royal Gazette/Bermuda Stock Exchange Index (BSX) on Christmas Eve, with both actively traded companies losing value from their share price.
KeyTech Ltd. dropped $1 (6.3 percent) to close down at $15, with 720 sha...
DATE: Dec 27, 2007
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Insured losses from an earthquake that struck New Zealand last Friday are estimated to be unlikely more than NZ$250 million ($191 million), according to AIR Worldwide.
The earthquake hit about 25 miles southwest of the coastal city of Gisborne, which...
DATE: Dec 27, 2007
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