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NEW YORK (Bloomberg) — The Federal Reserve will probably begin a new round of unconventional monetary easing this week by announcing a plan to buy at least $500 billion of long-term securities, according to economists surveyed by Bloomberg News. Poli...

TORONTO (Reuters) - Toronto's main stock index ended slightly lower yesterday with investors cautious ahead of today's US midterm elections and the start of the US Federal Reserve's policy meeting the same day. Gold miners helped pull down TSX index,...

Axis Capital Holdings Ltd. swung to a third-quarter profit of $239 million despite suffering an estimated loss of $85 million related to September's New Zealand earthquake. The net income broke down to $1.78 per share, compared with a net loss of $96...

NEW YORK (Reuters) - Investors were reluctant to make big bets ahead of two events that could dictate the stock market's direction for the rest of the year and beyond, leaving shares little changed yesterday. The benchmark S&P 500 index rose 12.9 per...

More transparency in the tendering process for public projects is one thing the Construction Association of Bermuda (CAOB) would like to see from the new government of freshly elected Premier Paula Cox. Attracting commercial tenants to fill up the gl...

NEW YORK (Reuters) - Bailed-out insurer AIG raised $27.71 billion in cash in 10 days with the initial public offering of its Asian life business AIA Group Ltd. and the sale of its global life unit Alico, enough to repay a credit facility from the Fed...

DUBLIN (AP) - Ryanair said yesterday its first-half net profit rose 17 percent to 451.9 million Euros ($628 million) as the budget airline raised its ticket prices and grew its business in the Mediterranean. But Ryanair shares fell as analysts expres...

NEW YORK (Reuters) - Uncertainty over a fresh round of US monetary easing weighed on the dollar on Friday, prompting investors in the options market to hedge against any volatility arising from the Federal Reserve decision. The dollar fell against th...

Bermudian engineer Philip Mason has established his own engineering consulting company, Mason and Associates Ltd. Home inspection is one of the services the new firm is offering and Mr. Mason, the firm's founding owner and director, said he was offer...

The scrapping of work permit time limits and an improvement in public education are high on the business community's wish list for new Premier Paula Cox. Business people who spoke with The Royal Gazette welcomed her election and expressed hope that h...