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NEW YORK (AP) Wall Street resumed its downward skid yesterday, falling sharply as renewed concerns about soured home loans blew away what had looked like a solid recovery rally. The Dow Jones industrials lost nearly 150 points, while investors seekin...

DETROIT (Reuters) ¿ General Motors Corp. yesterday said it posted a quarterly profit that trounced Wall Street estimates as it benefited from cost-cutting and growing sales overseas, sending shares up as much as six percent. GM, which posted a second...

Bermuda CableVision has confirmed that the Bloomberg business channel has replaced CNBC, which has been discontinued because of the expiration of a satellite agreement covering Bermuda and the Caribbean. At the same time the company has added a new c...

Net income: $135.3 million compared to $64.1 million in 2006. Combined ratio: 82.7 percent compared to 96.8 percent in 2006 Gross premiums written: $506.8 million compared to $451.3 million in 2006.

Bermuda Aviation Services Ltd. (BAS) shares hit a 52-week low after a tough day's trading yesterday. BAS's share price slipped 50 cents (7.7 percent) down to $6, having previously reached $6.75 earlier this year, with 5,594 shares as changed hands. B...

In the matter of the Supreme Court Act 1905 in the matter of the Bermuda Bar Act 1974, in the matter of Miriam Ruth Rogers call to the Bermuda Bar. In the matter of the Commissioners for Oaths and Notaries Public Act 1972, in the matter of Kensley An...

Endurance Speciality Holdings Ltd.'s first half-yearly operating results suffered a gross loss of $40 million from the devastation caused throughout Europe by Windstorm Kyrill. But it proved to be only a minor setback as profits more than doubled, so...

TORONTO (Bloomberg) Sun Life Financial Inc., the first Canadian insurer to report quarterly earnings, said profit rose 15 percent to a record, topping analysts' estimates, as higher stock prices lifted asset-management fees. Second-quarter net income...

The north-east of England may not be the obvious place to find one of Bermuda's best insurance brokerage talents. But that is exactly where Paul Scope, president of the newly-formed JLT Park, one of the Island's strongest insurance broker groups, hai...

TAIPEI (Bloomberg) Taiwan plans to spend NT$27 billion ($824 million) in the next four years to develop its biotechnology industry, President Chen Shui-bian said. The island's Defence Ministry will provide 25 hectares (62 acres) of land in Taipei to ...