49296 results returned for search: "" category ("Other" AND "Business")
DALLAS (AP) — Continental Airlines Inc. said yesterday that profits rose 15 percent in the second quarter as it carried more passengers and increased revenue on its trans-Atlantic flights.While the strong summer traffic helped Continental beat higher...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
WASHINGTON (Reuters) — Federal Reserve chairman Ben Bernanke said yesterday that subprime mortgage losses could hit $100 billion and threaten consumer spending, but he sought to reassure lawmakers that the central bank was working quickly to strength...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
LONDON - Britain's top share index snapped a three-day losing streak to close up 1.1 percent as Vodafone's forecast-beating results and a rebound in miners helped neutralise concerns over US subprime mortgages.
The FTSE 100 was 73.1 points higher at ...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
A relatively quiet day for the Royal Gazette / Bermuda Stock Exchange saw the index slip back 13.32 points (0.25 percent) to end at 5,238.32.
The only activity was the exchange of 421 shares of Butterfield Bank, which lost 25 cents (0.4 percent) to c...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
The value of shares in the liquidated Moneda Chile Fund Limited (MCF) has been set at just under $50, the Bermuda Stock Exchange announced yesterday.
The fair value per share to pay redemption requests has been determined at $43.27, with the company ...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd. raised $2.92 billion in its US initial public offering on Wednesday — around $1bn less than it sought.The company, a brokerage unit for hedge fund manager Man Financial Group, handles trades in futu...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
Ronald A. Jacks, a retired senior partner of the Chicago-based international law firm of Mayer, Brown Rowe and Maw, died July 6 in Auckland City Hospital in New Zealand.
As a veteran participant of the Newport to Bermuda race, Mr. Jacks was known in ...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
JOHANNESBURG (Bloomberg) — Bermuda-based Aquarius Platinum Ltd., a platinum and palladium miner, said a company that operates two of its mines under contract in South Africa fired 3,250 workers after they went on strike. Johannesburg-based contractor...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
Bermuda's leading role in providing reinsurance cover to the US has been underlined by the latest report from the Reinsurance Association of America.
The RAA reports the US ceded $54.7 billion in premiums to offshore reinsurers in 2006 and ceded reco...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
TORONTO (Reuters) - The Toronto Stock Exchange's main index advanced yesterday, logging another record high, as strong economic growth in resource-hungry China boosted commodity prices, lifting oil and mining issues.The S&P/TSX composite index closed...
DATE: Jul 20, 2007
|
CATEGORY:
Other
|