49296 results returned for search: "" category ("Other" AND "Business")
Strong Democratic opposition to the Neal bill surfaced in Washington yesterday as Bermuda's reinsurance industry came under the scrutiny of US lawmakers.
The bill — which aims to raise more taxes from some non-US reinsurers doing business in the US a...
DATE: Jul 15, 2010
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AUTHOR:
Jonathan Kent
Two re/insurance companies set up in Bermuda during June, bringing the total number of firms incorporated this year to 20.
Merna Reinsurance III Ltd., a special purpose insurer (SPI), was formed by reinsurance manager Renaissance Underwriting Manager...
DATE: Jul 15, 2010
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The economic regeneration of East Pembroke has started to take shape with the launch of two new businesses next door to each other.
Fitzie's Takeout & Catering Service and St. Monica's Variety Store, which are based in the same building in St. Monica...
DATE: Jul 15, 2010
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NEW YORK (Bloomberg) — Argo Group International Holdings Ltd., the Bermuda-based insurer, said second-quarter catastrophes cost $20 million to $25 million before tax.
The losses are from disasters including spring storms in the US and the Deepwater H...
DATE: Jul 15, 2010
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Utilities was the busiest sector on The Bermuda Stock Exchange (BSX) yesterday, with no fewer than two companies seeing their share prices decline.
The Ascendant Group Ltd. fell 1.07 percent (15 cents) to $13.80, with 1,200 shares traded, while KeyTe...
DATE: Jul 15, 2010
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NEW YORK (AP) - A weaker economic forecast from the Federal Reserve chilled the stock market's winning streak.
The Dow Jones industrial average was up almost four points, its seventh straight advance. The other major indexes also rose by single digit...
DATE: Jul 15, 2010
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TORONTO (Reuters) - Toronto's main stock index ended lower yesterday after the US Federal Reserve signalled it was concerned about slowing growth and felt it should stand ready to consider additional steps to boost the US economy if the outlook worse...
DATE: Jul 15, 2010
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OTTAWA (Reuters) – Canada's frothy economic recovery fuelled an import surge in May, boosting the country's modest trade deficit and suggesting another interest rate hike may be warranted.
Statistics Canada said yesterday the trade deficit in May tot...
DATE: Jul 14, 2010
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LONDON (AP) – Consumer price inflation in Britain slowed to 3.2 percent in June from 3.4 percent in May due to lower prices for car fuel, clothing and shoes, official statisticians said yesterday.
Despite the further improvement from a 17-month peak ...
DATE: Jul 14, 2010
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NEW YORK (AP) - The stock market got a shot of confidence from the start of second-quarter earnings season.
Investors sent stocks sharply higher yesterday after better-than-expected profits from aluminum maker Alcoa Inc. and railroad operator CSX Cor...
DATE: Jul 14, 2010
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