49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) - Chancellor of the Exchequer Alistair Darling yesterday defended a tax increase for 5.3 million of the UK's lowest earners in the face of declining poll ratings and mounting opposition from lawmakers in the ruling Labour Party.
Th...
DATE: Apr 22, 2008
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Tansportation and insurance were the sectors to be in on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Stevedoring Services Ltd. and Argus Group Holdings Ltd. saw their share prices rise by $1 (16.7 percent) and 95 cents (5.9 percen...
DATE: Apr 22, 2008
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LONDON (Bloomberg) — Bermuda-based Golar LNG, the natural-gas tanker company whose chairman is Norwegian billionaire John Fredriksen, won a $450 million contract to store natural gas for Dubai.
The shipping line's 1977-built vessel, Golar Freeze, wil...
DATE: Apr 22, 2008
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Everest Re Group saw its profits plunge by 74 percent in the first quarter 2008 from $297.6 million to $77.9 million.
Gross premiums written were also down for the quarter at $877.5 million compared to $1.02 billion during the same period last year a...
DATE: Apr 22, 2008
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LONDON (AP) - The Royal Bank of Scotland Group plc. (RBS), which is looking to shore up its credit position amid the sub-prime crisis, said yesterday that it is considering a rights issue to raise more capital, a possibility it had previously been un...
DATE: Apr 22, 2008
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NEW YORK (AP) - Wall Street started the week with a mixed performance yesterday, as investors regained a cautious stance in response to a weaker-than-expected profit report from Bank of America Corp. (BofA), disappointing news from the Midwest bank N...
DATE: Apr 22, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index pushed higher for the sixth session in a row yesterday, propelled by robust energy shares as the price of oil hit yet another record high.
The oil and gas group climbed 1.7 percent as oil pr...
DATE: Apr 22, 2008
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Bermuda's Government is encouraging entrepreneurs to set up in business as money service providers, helping customers send money from one country to another.
This follows the announcement by Finance Minister Paula Cox of the enactment of the Money Se...
DATE: Apr 22, 2008
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Bermuda reinsurer Platinum Underwriters Holdings Ltd. yesterday reported a 44-percent rise in net income for the first quarter to $105.2 million.
Net investment income totalled $49.1 million and, although this figure was down 5.1 percent on the same ...
DATE: Apr 22, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - The Bank of England (BoE) unveiled an ambitious plan yesterday to swap banks' risky mortgage assets for £50 billion or more of government bills, in the latest bid to spare Britain from the ravages of a global credit crunch.
Central...
DATE: Apr 22, 2008
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