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NEW YORK (Bloomberg) — MBIA Inc., the world’s largest bond insurer, said the president of its insurance business and the head of its structured finance group are leaving less than one month after the company announced a settlement with regulators.Nei...

NEW YORK (AP) — Wall Street might have a tough time matching last week’s outstanding performance in the coming days, but inflation figures could be the impetus for extending the advance.The Labour Department will release its consumer price index for ...

A new snack bar and cafe serving breakfast, lunch and dinner is about to open next to Shelly Bay beach. Yesterday a “grand opening” was arranged to give a first glimpse of what is in store for future customers of the new Yardie Grill in Hamilton Pari...

Bermuda's insurance and reinsurance industry will register a record profit of $10 billion or more for 2006, according to a report on the Island by a leading industry analyst. A report entitled "Bermuda: The New Capital of Insurance?" by Connecticut-b...

TORONTO (Reuters) — Tamer inflation promises to be a boon for stocks in coming months, offering the tantalising hint of interest rate cuts and higher equity valuations.The big winners are likely to be interest-rate sensitive sectors such as financial...

FOURTH-quarter GDP growth in Japan turned out to be better than consensus opinion expected earlier on. Consumer spending rebounded and business investment was higher, driving the strong quarterly performance that outdistanced a very weak third quarte...

NEW YORK (Bloomberg) — The dollar posted the biggest weekly decline against the yen since May after reports showed housing starts, producer prices and consumer confidence fell.The US currency also had the largest weekly drop versus the euro since Dec...

Bermuda’s insurance and reinsurance industry will register a record profit of $10 billion or more for 2006, according to a report on the Island by a leading industry analyst. A report entitled “Bermuda: The New Capital of Insurance?” by Connecticut-b...