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DETROIT (Reuters) — General Motors Corp. said it would delay its fourth-quarter statement and restate four years of past results because of an accounting error dating back to the end of 2001.The world’s largest automaker also said it had expected to ...

DAVOS, Switzerland (AP) — Some of the world’s most powerful business executives called on trade negotiators and politicians yesterday to agree on a new global trade treaty, saying failure would mean more than lost commercial opportunities.The Interna...

Bermuda reinsurer PartnerRe Ltd. yesterday announced that claims relating to its exposure to winter storm Kyrill, which battered Europe last week, are expected to be between $50 million and $65 million. Kyrill battered the UK, France, the Netherlands...

DEARBORN, Michigan (AP) — Ford Motor Co. lost a staggering $12.7 billion in 2006 — an average of $1,925 for every car and truck it sold.The company that invented the assembly line and whose name was a byword for the auto industry warned it will blee...

DAVOS (Reuters) — Marsh & McLennan Cos Inc, is considering all options for its Putnam Investments asset management unit, including scrapping a potential sale plan, chief executive Michael Cherkasky said in Davos yesterday, sending its shares down 1.7...

Michael Sims’ Nationwide Tour career got off to a decidedly shaky start in Central America yesterday after the 27-year-old finished tied for 90th after the first round at the $550,000 Movistar Panama Championships. Making his debut on America’s prest...

Security on a school campus is to be stepped up after a pupil was attacked by a by a group of youths. A woman was also chased by the group after she tried to intervene in the beating and call Police. A 15-year-old Saltus student, who lives in Sandys,...

One of London’s leading insurance and reinsurance programme designers and market operators is heading to Bermuda in a move that underlines the Island’s global importance as reputation as “the place” for such businesses to be headquartered. Dennis Mah...

LOCAL rugby returned to the fine confines of National Sports Centre's north field last weekend and the large crowd was treated with two highly entertaining matches. The opening match saw Renegades sew up their third league championship with a workman...

Don't you go down/Keep your head above water/One day things must get better." — Buju Banton>IT'S 2007 and the impact of living in what's been termed the post-modern era is making itself felt here in Bermuda. Frankly, there are times when just trying ...