49296 results returned for search: "" category ("Other" AND "Business")
Redomestication away from Bermuda is having little operational impact on insurers who have chosen to move, according to credit rating agency Standard & Poor's.
Laline Carvalho, director of S&P's financial services ratings group, told BNamericas that ...
DATE: Oct 14, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) – All 50 US states launched a joint investigation of the mortgage industry yesterday, a move some experts fear will cause uncertainty and threaten the recovery of the fragile housing market.
The state attorneys general are looking ...
DATE: Oct 14, 2010
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LONDON (AP) — Part-nationalised Lloyds Banking Group says it will eliminate 4,500 more jobs as it continues to streamline operations.
Lloyds was formed in the takeover of Halifax/Bank of Scotland by Lloyds TSB at the peak of the credit crisis.
The ba...
DATE: Oct 14, 2010
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TORONTO (Reuters) - Toronto's main stock index closed sharply higher yesterday, led by commodity issues after the US Federal Reserve signaled it may pump extra stimulus into the US economy.
Underpinned by a sagging US currency, bullion prices set a r...
DATE: Oct 14, 2010
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Butterfield Bank climbed 0.7 percent in brisk trading on the Bermuda Stock Exchange yesterday.
The bank climbed one cent to $1.46, as 51,800 of its shares changed hands.
Ascendant Group Ltd., owner of electricity company Belco, fell 3.3 percent, or 4...
DATE: Oct 14, 2010
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TORONTO (Reuters) – Canada's dollar looks set to bounce back above its US counterpart for the second time this year, but a slowing economy and flat Canadian interest rates suggest a short-lived rally with little underlying strength.
The Canadian doll...
DATE: Oct 14, 2010
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LONDON (AP) — The chief of Britain's eavesdropping agency says there are an average of 1,000 cyber attacks launched against UK government networks monthly.
GCHQ Director Iain Lobban says that malicious software already has caused significant disrupti...
DATE: Oct 14, 2010
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LONDON (AP) — He's dominated Britain's media landscape for decades, shaking Fleet Street to its foundations and dueling with the venerable BBC.
But Rupert Murdoch's latest move, an attempt to consolidate his family's sway over the British Sky Broadca...
DATE: Oct 14, 2010
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Bermuda-based reinsurer Everest Re Group, Ltd. has released an early estimate of its third-quarter earnings to counter speculation swirling around the company.
The company said yesterday it expected after-tax operating income to range between $2.55 a...
DATE: Oct 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
BEIJING (AP) — China's September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame for job losses amid a slowing global recovery.
Export and import growth both weakened, hurt by s...
DATE: Oct 14, 2010
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