76228 results returned for search: "" category "Business"
LONDON (Reuters) - Lloyd's of London insurer Catlin on Friday reported a steeper than expected slide in first-half profit, hit by the BP oil spill, the Chilean earthquake and currency fluctuations.
Bermuda-based Catlin had a pretax profit of $86 mill...
DATE: Aug 09, 2010
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Bermuda-based Enstar Group Ltd. reported a more than 40 percent rise in net earnings for the second quarter.
The company, which specialises in acquiring and managing insurance and reinsurance companies in run-off, posted profit of $12.4 million, or 9...
DATE: Aug 09, 2010
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AUTHOR:
Jonathan Kent
SAN FRANCISCO (AP) - Ousted Hewlett-Packard Co. CEO Mark Hurd has settled allegations of sexual harassment lodged against him by a female contract worker for HP, a person with knowledge of the case told The Associated Press.
The harassment accusation...
DATE: Aug 09, 2010
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NEW YORK (Reuters) - American International Group Inc. (AIG) chief executive Robert Benmosche is hoping this is the beginning of the end for the insurer's massive taxpayer bailout.
AIG's quarterly results topped Wall Street's expectations on Friday, ...
DATE: Aug 09, 2010
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NEW YORK (Reuters) - The US dollar approached a 15-year low against the yen on Friday and fell against the euro after news that the US' economy shed twice as many jobs in July as expected added to worries about the recovery.
Analysts said the weak jo...
DATE: Aug 09, 2010
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PRAGUE (Reuters) - Hungary hopes to emulate the few countries that have spurned IMF aid and emerge from crisis on their own, but it is much more likely to follow the example of other crisis-hit EU states and be forced back to austerity.
It is no Mala...
DATE: Aug 09, 2010
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OMAHA, Nebraska (AP) - Warren Buffett's company reported a 40 percent drop in second-quarter profit Friday because the improvement at Berkshire Hathaway Inc.'s operating companies could not overcome $1.4 billion in paper losses on derivative contract...
DATE: Aug 09, 2010
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LONDON (AP) - A newspaper says it has obtained an internal audit conducted by BP plc. on the Deepwater Horizon oil rig that details severe safety flaws months before the Gulf of Mexico spill.
The Sunday Times said in its report that the audit details...
DATE: Aug 09, 2010
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The Bermuda Stock Exchange (BSX) remained unchanged last week, opening and closing at 1,244.25.
The Index traded 49,329 shares worth BD$111,056.85 and 288 shares worth US$46,692.50.
Butterfield Bank was one of the biggest traders, seeing 45,507 commo...
DATE: Aug 09, 2010
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Continuing series on the the Bermuda Investment Business Act 2003 (the Act) under the Bermuda Monetary Authority Consultation Paper 31 March 2010 - Securing Enhanced Protection for Investors Revised Code of Conduct for Investment Providers.
GEOGRAPH...
DATE: Aug 07, 2010
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