49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - Toronto's main stock index closed slightly higher yesterday, but beat a profit-taking retreat from a sharp early rally that was spurred by China's vow to allow its currency to trade flexibly.
Before giving back most of their gains...
DATE: Jun 22, 2010
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NEW YORK (Bloomberg) - A judge yesterday in New York signed an order granting Goldman Sachs Group Inc. more time to respond to a April 16 lawsuit accusing the firm of defrauding investors while selling mortgage-linked securities, records say.
US Dist...
DATE: Jun 22, 2010
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PartnerRe Group and its members have been affirmed the financial strength rating (FSR) of A+ (superior) and issuer credit ratings of "aa-" of by AM Best Co.
Concurrently, Best has affirmed the ICR of "a-" and debt ratings of PartnerRe's parent, Part...
DATE: Jun 22, 2010
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The Group of 20's (G20) crackdown on tax havens has resulted in a drop-off in investment in countries such as Bermuda and the Cayman Islands.
That is according to a report in the Toronto Globe and Mail, which revealed that Compton Bourne, president o...
DATE: Jun 22, 2010
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NEW YORK (Bloomberg) - Primus Financial Holdings Ltd. and China Strategic Holdings Ltd. extended an agreement with American International Group Inc. (AIG) to purchase the US company's Taiwanese insurance unit.
The agreement to acquire Nan Shan Life I...
DATE: Jun 22, 2010
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NEW YORK (AP) - Stocks erased big gains yesterday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
The Dow Jones industrial average fell about eight points after climbing nearly 1...
DATE: Jun 22, 2010
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MediaHouse Ltd. proved to be the biggest decliner on The Bermuda Stock Exchange (BSX) last week, dropping 25.1 percent ($3.35) to $10.
The media company traded 4,347 shares during the day.
Butterfield Bank also fell 7.9 percent (15 cents) to $1.75, w...
DATE: Jun 22, 2010
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LONDON (Bloomberg) - BP plc. would face an extra $500 million a year in interest costs to raise $10 billion in the bond market as it seeks to ensure it has enough cash to cope with the biggest oil spill in US history.
The average yield on BP's bonds ...
DATE: Jun 22, 2010
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When Carlton Wilkinson began working at the Hamilton Princess - long before there was a 'Fairmont' in its name - Bermudian tourism was enjoying its golden era. Tuxedos and ball gowns were the norm in the Island's hotels and the only cruise ship passe...
DATE: Jun 22, 2010
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When someone you love is laid off, the news can feel debilitating to you too. I grieve every time I get such news because I know how tough it will be. So I'd like to address the question of how to help a family member or good friend who is unemployed...
DATE: Jun 19, 2010
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