77164 results returned for search: "" category "Business"
NEW YORK (Reuters) - American International Group Inc. (AIG) and the US government laid out a plan for the insurer to repay its $182.3 billion taxpayer bailout, just over two years after it was rescued from the brink of collapse.
The deal, reached af...
DATE: Oct 01, 2010
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Bermuda-based Seadrill Ltd. has announced that it is in the process of issuing a new five-year US dollar bond in the international market.
The size of the bond issue is expected to be between $200 million and $400 million, with $200 million already c...
DATE: Oct 01, 2010
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KeyTech Ltd. was the only trader on The Bermuda Stock Exchange (BSX) yesterday, climbing 1.42 percent (10 cents) to $7.10.
The utilities company traded 30,000 shares during the day.
Overall the Index saw 30,000 shares worth $213,000 change hands, as ...
DATE: Oct 01, 2010
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Flagstone Reinsurance Holdings, SA last night announced an estimated loss of $52.5 million from the New Zealand earthquake three weeks ago.
The quake, which measured 7.1 on the Richter scale, wrecked buildings, roads and rail lines in and around the ...
DATE: Oct 01, 2010
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AUTHOR:
Jonathan Kent
CHANGSHA, China (Bloomberg) — Billionaire Warren Buffett said he expects "large" opportunities in China, making the world's fastest growing major economy a "logical" place to invest.
"Almost anyone, a third-grade child from America, can see that this...
DATE: Oct 01, 2010
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Improvements to Bermuda's legal infrastructure are needed to ensure that the Island has the framework to fully meet international standards in transparency on taxation matters.
That was the verdict delivered yesterday in Singapore by the Organisation...
DATE: Oct 01, 2010
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AUTHOR:
Jonathan Kent
PARIS (AP) — At the Paris auto show, the car market's fortunes appear to come down to three C's: clean, cheap and China.
The world's most-visited and oldest car show offered a sneak peak to the media yesterday, with automakers presenting their new pr...
DATE: Oct 01, 2010
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LONDON (AP) - BP's incoming chief executive talked up the prospects for the embattled oil company yesterday, giving investors hope that dividend payments will resume early next year.
Just hours before taking over the top job, American Bob Dudley put ...
DATE: Oct 01, 2010
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Bermuda-based international freight forwarder Geologistics International Management (Bermuda) Ltd. will pay a $687,960 for its part in a price-fixing arrangement.
The US Justice Department said yesterday that the firm was one of six companies to plea...
DATE: Oct 01, 2010
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Bermuda's reputation as a "safe haven" for businesses and investors during the financial crisis has proved to be a key selling point for the jurisdiction, according to Finance Minister Paula Cox.
The Minister, who was the keynote speaker at the Annua...
DATE: Oct 01, 2010
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