255735 results returned for search: "" category "Other"
LONDON (Reuters) - The fund of hedge funds industry is being forced to reinvent itself after the Madoff scandal and hefty client outflows, and will emerge from the crisis smaller but in better shape than many had expected.
Investors pulled more than ...
DATE: Aug 31, 2009
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A 31-year-old was fined $1,000 in Magistrates' Court after he refused to give a breath analysis to Police.
The court heard how officers on duty at 11.45 p.m. on Richmond Road saw Jordan Kamau riding his cycle in an eastbound direction on August 14.
H...
DATE: Aug 31, 2009
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It's been a hard recession and although recovery is underway, the belt-tightening undertaken by firms has already hurt the household sector. In order to protect the bottom line, as much as possible, corporations have been shifting the cost of adjustm...
DATE: Aug 31, 2009
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A Government job posting has sparked optimism from the Bermuda Public Services Union that the Civil Service is looking to improve its management capabilities.
Government advertised for a management consultant this week.
The successful candidate will ...
DATE: Aug 31, 2009
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AUTHOR:
Owain Johnston-Barnes
The Progressive Labour Party has some reason to be pleased that Michael Weeks was re-elected with a great deal of ease – and increased his party's share of the vote in Thursday's Pembroke East Central by-election.
Given that Mr. Weeks, a relative pol...
DATE: Aug 31, 2009
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NEW YORK (Bloomberg) - American International Group Inc. (AIG), the insurer bailed out by the US, gained for a ninth day, reaching a 10-month high as speculators bought back shares they borrowed and sold short, traders said.
AIG climbed $2.39, or fiv...
DATE: Aug 31, 2009
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LONDON (Bloomberg) - Bermuda-based Omega Insurance Holdings Ltd., a Lloyd's of London insurer, said first-half profit fell 5.5 percent after net earned premiums declined.
Net income dropped to $20.6 million from $21.8 million in the same period last ...
DATE: Aug 31, 2009
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BOSTON (Reuters) - Cerberus Capital Management has been swamped with redemption requests with the Wall Street Journal reporting that investors are asking to pull out $5.5 billion or 71 percent of assets from its hedge funds.
"We have been surprised b...
DATE: Aug 31, 2009
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Review by James Pressley
BRUSSELS (Bloomberg) - As Wall Street played hide-and-seek with toxic assets during the panic of 2007, HSBC Holdings plc. opted for a more straightforward accounting.
It was November, and HSBC decided to bail out two structur...
DATE: Aug 31, 2009
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El James is back as Education Minister, determined to face the challenges of the Island's education system head on.
The 59-year-old former educator walked away from Cabinet in July after calling for Premier Ewart Brown's resignation following several...
DATE: Aug 31, 2009
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