76382 results returned for search: "" category "Business"
WASHINGTON (Bloomberg) - Payrolls and manufacturing probably expanded in November as the US recovery showed signs of a pick-up heading into 2011, economists said before reports this week.
Employment increased by 145,000 workers this month after a 151...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
LONDON (AP) - BP plc. is selling its 60 percent stake in Argentina-based oil and gas producer Pan American Energy for $7.06 billion as part of its strategy to sell of tens of billions of assets to help pay for the massive oil spill in the Gulf of Mex...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
Government plans to update e-commerce laws to ensure that they keep pace with technological advances.
Business Development and Tourism Minister Patrice Minors told MPs in the House of Assembly on Friday that the new laws will seek to provide a better...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Former HWP employee Tom Nelmes has been named as the new chief operating officer of Bermuda Export Sea Transfer Ltd. (BEST Shipping).
Mr. Nelmes will start in the role on December 1.
BEST Shipping chief executive officer David Sousa said: “It is ind...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Hardy Underwriting Bermuda Ltd. plans to buy back about 15 percent of its own shares after it rejected a second takeover bid from Lloyd’s of London insurance market rival Beazley plc.
The Bermuda-based re/insurer will begin the repurchase if Beazley ...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
BRUSSELS (Bloomberg) - Ireland won approval for an 85 billion-euro ($113 billion) emergency-aid package as European finance ministers battled to contain the fiscal crisis.
Ireland will receive 67.5 billion euros from the European Union (EU) and Inter...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
NEW DELHI (Bloomberg) - Indian federal investigators are probing 16 billion rupees ($349 million) of loans extended by Life Insurance Corp. of India and LIC Housing Finance Ltd., said a finance ministry official who declined to be identified.
Authori...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
DUBAI (Bloomberg) - Dubai may sell stakes in some companies to the public to reduce debt as the Persian Gulf emirate alters loan terms and restructures two of its main investment groups, Dubai World and Dubai Holding LLC.
“We are working on opening u...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
Argus Group Holdings Ltd. dropped 5.5 percent (30 cents) on The Bermuda Stock Exchange (BSX) last week.
The insurer traded 24,400 shares to close at $5.20.
The Ascendant Group Ltd. also fell 3.7 percent (56 cents) to $14.39, as 3,574 shares changed h...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) - US retail sales during Thanksgiving weekend totaled $45 billion as more shoppers scooped up discounted jewelry and toys, according to the National Retail Federation (NRF).
The average shopper spent $365.34 over the holiday week...
DATE: Nov 29, 2010
|
CATEGORY:
Other
|
