49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based insurer American Safety Insurance Holdings, Ltd. yesterday reported a net loss of $8.2 million for the 2008 fourth quarter
The loss, which broke down to 80 cents per share, compared to net earnings of $6.8 million, or $0.61 per diluted ...
DATE: Mar 05, 2009
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PartnerRe has a "strong competitive position and solid operating profitability", according to Fitch Ratings, which has affirmed the Bermuda reinsurer's financial strength rating at AA.
In a statement released yesterday, Fitch said it expected Partner...
DATE: Mar 05, 2009
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AUTHOR:
Jonathan Kent
The economy and financial markets could start to turnaround as early as 2010.
But it depends on how effectively the global credit crisis and US housing and banking crisis is dealt with in order for the traditional methods of economic stimulus, such a...
DATE: Mar 05, 2009
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The financial markets are set to stabilise and eventually recover from the current crisis.
That is the prediction of Robert Pires, CEO of Bermuda Investment Advisory Services (BIAS), who sees a number of positive signs that the capital markets will g...
DATE: Mar 05, 2009
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LONDON (AP) — J. Sainsbury PLC yesterday announced the purchase of 24 stores from the Co-operative Group, all but two of them outlets which Co-op acquired in its takeover of Somerfield.
Sainsbury, the third-largest UK supermarket group, said it was p...
DATE: Mar 05, 2009
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) reached a five-and-a-half year low yesterday.
The Index slipped to 2,704.3, a level not seen since October 2003, as it traded 3,500 shares worth $25,375 to fall 43.68 points (1.59 percent) to 2,704...
DATE: Mar 05, 2009
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TORONTO (Reuters) - Toronto's main stock index pushed higher yesterday as talk of new stimulus measures in China help lift oil prices and lit a fire under energy shares.
The 2.4 percent rally ended a three-day losing streak, and allowed the TSX to re...
DATE: Mar 05, 2009
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CHARLOTTE (AP) — Hartford Financial Services Group Inc. shares slipped yesterday after a published report said the insurer may be looking to sell one of its units.
Shares fell 10 cents, or two percent, to $4.53 in afternoon trading after falling as l...
DATE: Mar 05, 2009
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Eye candy can be fun sometimes, and I got a lot of pleasure watching some of the short videos people submitted for the "Best Job in the World" contest.
A total of 50 have been shortlisted to become caretaker of a tropical Australian island for six m...
DATE: Mar 04, 2009
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Bermuda is negotiating tax information exchange agreements (TIEAs) with 12 countries in an effort to boost transparency as world leaders look to clamp down on secretive tax havens.
The Island already has three TIEAs in force, with the UK, US and Aust...
DATE: Mar 04, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
