49296 results returned for search: "" category ("Other" AND "Business")
Higher capital requirements for European Union-based insurers from the imminent Solvency II regulations may increase the market for global reinsurers — which could be good news for the Bermuda market.
That is the view expressed in a report jointly pr...
DATE: Sep 24, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
DUBLIN (Reuters) - Ireland's economy shrank 1.2 percent in the second quarter, crushing forecasts for growth and raising the stakes for Prime Minister Brian Cowen as he seeks to reassure investors the country is not on the verge of financial meltdown...
DATE: Sep 24, 2010
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NEW YORK (Reuters) - US stocks fell yesterday after a weak reading on the labour market dropped stocks through a key technical level, validating the worries of those who thought the recent rally was flimsy.
Major indexes were little changed for most ...
DATE: Sep 24, 2010
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NEW YORK (Bloomberg) — Bermuda-based Primus Guaranty Ltd. said it will sell an asset-management unit to Commercial Industrial Finance Corp. almost 15 months after buying the business.
CIFC, led by former JPMorgan Chase & Co. syndicated loan head Pete...
DATE: Sep 24, 2010
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TORONTO - The Toronto stock market moved lower yesterday as a mixed bag of US data failed to ease worries about the strength of the economic recovery.
The S&P/TSX composite index fell 45.47 points to 12,101.79 while the TSX Venture Exchange moved dow...
DATE: Sep 24, 2010
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Claims related to the damage caused by Hurricane Igor have continued to file in, according to the Island's top insurance companies.
A spokeswoman for the Argus Group said that the company had received 55 claims to date and was expecting more in the c...
DATE: Sep 24, 2010
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NEW YORK (Reuters) - Billionaire investor Warren Buffett said the US economy remains in recession, disputing this week's assessment by a leading arbiter of economic activity that the downturn ended more than a year ago.
"We're still in a recession," ...
DATE: Sep 24, 2010
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BF&M Ltd. rose 3.77 percent (50 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 1,000 shares during the day.
Bermuda Commercial Bank Ltd. also climbed 1.21 percent (12 cents) to $10, as 100 shares changed hands.
But KeyTech L...
DATE: Sep 23, 2010
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Bermuda Commercial Bank Ltd. has announces that September 21, 2010, it purchased 37,464 common shares at a price of $9.88 per share.
The shares are to be held in Treasury.
DATE: Sep 23, 2010
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CATEGORY:
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NEW YORK (AP) — The New York Times Co. said yesterday it expects to show a loss for the third quarter, with newspaper advertising still in decline.
Unlike the prior quarter, the Times Co. said that growth in digital ad sales will not make up for decl...
DATE: Sep 23, 2010
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CATEGORY:
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