49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - Toronto's main stock index fell hard for a second session and hit its lowest point in five weeks yesterday, rattled by falling commodity prices and a White House plan to crack down on risk-taking by US banks.
US President Barack O...
DATE: Jan 22, 2010
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NEW YORK (AP) - The stock market stumbled yesterday as President Barack Obama proposed an overhaul of the nation's banking system that could limit financial companies' ability to make huge profits on trading.
The Dow Jones industrial average skidded ...
DATE: Jan 22, 2010
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WASHINGTON (Bloomberg) — American International Group Inc.'s payment of bailout funds to banks should be reviewed by congressional auditors to determine whether the Federal Reserve Bank of New York got the best deal for taxpayers, two Democratic lawm...
DATE: Jan 22, 2010
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HOUSTON (Bloomberg) — McMoRan Exploration Co., whose partners include Energy XXI (Bermuda) Ltd., said it discovered another layer of oil-and gas-soaked rocks in its Davy Jones prospect, an indication that the biggest find in decades in the shallow wa...
DATE: Jan 22, 2010
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Bermuda-based Nordic American Tanker Shipping Ltd. is to sell four million shares to fund future acquisitions and for general corporate purposes.
As of this week, Nordic owned or had agreed to acquire 18 modern double-hull Suezmax tankers, including ...
DATE: Jan 22, 2010
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NEW YORK (Reuters) - Continental Airlines posted a surprise quarterly profit yesterday and said travel demand, especially from lucrative business travelers, was improving modestly.
The decline in revenue that Continental books per passenger, a key me...
DATE: Jan 22, 2010
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The value and volume of sold luxury homes were down 50 percent in 2009 compared to 2008, according to the latest figures by ColdwellBanker Bermuda Realty.
The report also flagged up serious concerns about the barriers to entering the Island's luxury ...
DATE: Jan 22, 2010
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Endurance Specialty Holdings Ltd. has appointed Kimberly Morgan as practice leader for the company’s Bermuda healthcare practice.
Ms Morgan, a senior vice-president, who is Bermudian, has almost 20 years of industry experience, including seven years ...
DATE: Jan 22, 2010
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NEW YORK (Bloomberg) — Added safety measures after last month's failed attempt to blow up a jetliner may make it harder for US airlines to thwart a security-fee increase the Obama administration has been seeking.
"There's no question" the administrat...
DATE: Jan 22, 2010
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Bermuda-based Validus Holdings Ltd. yesterday priced $250 million of debt in the reinsurer’s debut bond sale.
The coupon on the 30-year unsecured senior notes is 8.875 percent, the company announced last night, and the offering is expected to close o...
DATE: Jan 22, 2010
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