49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Press Holdings Ltd.'s share price yesterday fell 28.7 percent to hit its lowest point since 2001.
The $3.45 fall, on the low volume of 3,600 shares, left the BPH share price at $8.55. BPH is the owner of The Royal Gazette, as well as a portfo...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
Financial regulator the Bermuda Monetary Authority says it is working with its US counterpart, the Securities and Exchange Commission, on the issue of Bernard Madoff "feeder funds".
Last week, London High Court judge David Kitchin said Bermuda-based ...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
WASHINGTON (Reuters) – US pending home sales hit a six-month high in April but falling demand for home loans pointed to ebbing activity in the vital housing market with the expiration of a popular tax credit for buyers.
The National Association of Re...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
LONDON (Reuters) – Tougher rules are needed to ensure financial stability, Bank of England Governor Mervyn King said yesterday, urging Britain's new government to "seize the opportunity" for banking reform.
In a foreword to be central bank's 2010 ann...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
WASHINGTON (AP) — US Treasury Secretary Timothy Geithner yesterday looked past the collapse of an American International Group deal to sell off a subsidiary, saying the insurance giant has other options for paying back its $182 billion government bai...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
LONDON (AP) – A study by accountant firm Ernst & Young shows that Britain remained Europe's top destination for foreign direct investment in 2009 – attracting more than a fifth of all new projects in the region.
The survey out Wednesday reveals inves...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
NEW YORK (Reuters) – Billionaire investor Warren Buffett distanced himself from embattled credit rating agencies, saying they have lost some of their investment appeal amid criticism of their role in fuelling the financial crisis.
As the star witness...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
Ever-expanding Bermuda-based insurer Ironshore has announced its entry into the Canadian financial and professional lines market.
Ironshore Canada has named Dane Hambrook, vice-president, to head the division.
The division will provide liability cove...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
LONDON (AP) — The part-nationalised Royal Bank of Scotland says it is cutting 500 jobs in its wealth management division.
RBS has been cutting staff since it was bailed out by the government during the financial crisis, leaving the bank 80 percent ow...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
LONDON - Britain's top share index fell, led down by banks, but finished well off session lows on fresh hopes for economic recovery after strong US pending home sales data. The FTSE 100 closed 11.98 points or 0.23 percent lower at 5,151.32, having dr...
DATE: Jun 03, 2010
|
CATEGORY:
Other
|
