49296 results returned for search: "" category ("Other" AND "Business")
ATHENS/LONDON (Reuters) - The Greek parliament prepared to adopt a harsh austerity plan in the face of violent unrest, as European Central Bank inaction disappointed markets fearful a debt crisis will engulf the euro zone.
The euro and world stocks f...
DATE: May 07, 2010
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LONDON (AP) — Six days of lost flying caused by Iceland's volcano eruption slashed British Airways' passenger numbers by nearly a quarter in April, the airline said yesterday.
Traffic measured in revenue passenger kilometres — the total number of kil...
DATE: May 07, 2010
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Investors scrambled to get in on the Butterfield Bank rights issue offer with 5,892,578 shares changing hands on the last day of trading on the Bermuda Stock Exchange (BSX) yesterday as its price rose 42.85 percent (three cents) to 10 cents.
The bank...
DATE: May 07, 2010
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NEW YORK (AP) - The stock market had one of its most turbulent days in history as the Dow Jones industrials dropped almost 1,000 points in less than half-an-hour on fears that Greece's debt problems could halt the global economic recovery.
The market...
DATE: May 07, 2010
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LONDON - Britain's leading shares fell for the fourth straight session, led by heavy losses in banks and miners weighed by uncertainty over euro zone debt concerns, as Britain's electorate went to the polls.
The FTSE 100 index closed down 80.94 point...
DATE: May 07, 2010
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Bermuda reinsurer Validus Holdings Ltd. last night posted a net loss of $118.4 million driven by catastrophe losses of more than $300 million.
Validus said the net impact of three major events was $306.9 million. It attributed a net loss of $293.1 mi...
DATE: May 07, 2010
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AUTHOR:
Jonathan Kent
Net income: $79.7 million compared to $141.5 million in 2009.
Gross premiums written: $1.91 billion compared to $1.34 billion in 2009.
Combined ratio: 116.9 percent compared to 87 percent in 2009.
DATE: May 07, 2010
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LISBON, Portugal (AP) — Portugal, striving to avoid becoming the next victim of Europe's debt crisis, was put on standby for a credit rating downgrade yesterday even as the government managed to raise some euro500 million ($654 million) on the bond m...
DATE: May 06, 2010
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Net income: $8.2 million compared to $40.7 million in 2009.
Gross premiums written: $228 million compared to $142.8 million in 2009.
Combined ratio: 99.1 percent compared to 81.2 percent.
DATE: May 06, 2010
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NEW YORK — The Washington Post Co. is putting Newsweek up for sale in the hope that another owner can figure out how to stem losses at the 77-year-old weekly magazine.
The publishing industry has been struggling as businesses cut back on ad budgets d...
DATE: May 06, 2010
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