49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) Stocks closed mixed yesterday after enthusiasm over a deal to extend tax cuts faded.
Bond prices fell sharply as traders anticipated the tax cuts would boost economic growth but also lead to ballooning budget deficits. The yield on the ...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
Digicel Ltd yesterday said it had sold $300 million in corporate bonds.
The transaction was a reopening of the 8.25 percent senior notes due 2017 first issued in December 2009. The bonds were priced at 102.75 to yield 7.54 percent.
Wireless services ...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
It’s a tale of two houses, captured on a dramatic video.
Two wooden, three-bedroom houses, side by side, when a 95 mph wind starts raging.
Within a few moments one of the homes is reduced to a pile of debris by the violent gusts, while the other stan...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Alterra Capital Holdings Ltd has hired Daniel Gamble from Bermuda rival Arch Capital to be managing director of its US unit.
Mr Gamble has more than 15 years experience in professional liability underwriting, most recently as executive vice-president...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
SYDNEY (Reuters)- Australia’s central bank kept its key cash rate unchanged at 4.75 percent yesterday, a widely expected decision following a pre-emptive hike last month, and is thought likely to remain on hold for a few months to come.
The Australia...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
DUBLIN (Reuters) The Irish government detailed the toughest budget on record yesterday, targeting six billion euros in spending cuts and tax hikes, and warning passage was crucial to avert a deeper crisis and free up EU and IMF rescue funds.
In a spe...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
Bermuda-based supertanker operator Nordic American Tanker Shipping Ltd yesterday took delivery of the Nordic Vega, a suezmax newbuilding, built at a Far Eastern yard.
The new vessel took Nordic’s fleet up to 19 suezmax vessels, each of approximately...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
Insurers Argus Group Holdings Ltd and BF&M Ltd moved in opposite directions in Bermuda Stock Exchange (BSX) trading yesterday.
Argus climbed nine cents, or 1.7 percent, to close on $5.25 as 1,100 shares changed hands.
BF&M’s stock price fell 40 cents...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
Bermuda-based re/insurer Endurance Specialty Holdings Ltd yesterday said Steven Dresner will assume responsibility for the company’s specialty insurance business unit, managing programmes with Managing General Underwriters (MGUs) as well as developin...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
BRUSSELS/ATHENS (Reuters) The head of the International Monetary Fund yesterday criticised Europe’s disjointed response to the euro zone debt crisis after Germany and other states resisted his calls for bolder action.
IMF Managing Director Dominique ...
DATE: Dec 08, 2010
|
CATEGORY:
Other
|
