77164 results returned for search: "" category "Business"
NEW YORK (Reuters) - Private equity firm Blackstone Group said yesterday that the debt markets have recovered to such an extent that it should be possible for a $10 billion leveraged buyout deal to happen soon.
Private equity deal flow contracted aft...
DATE: Sep 24, 2010
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NEW YORK (Reuters) - Video rental chain Blockbuster Inc. filed for bankruptcy protection yesterday after years of struggling to compete with online and mail-order movie services such as Netflix Inc.
Billionaire investor Carl Icahn and other hedge fun...
DATE: Sep 24, 2010
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The Bermuda Hotel Association (BHA) has appointed Troncossi Public Relations as its new PR consultants.
John Harvey, CEO of the BHA, said: "The BHA feels the time is right to enhance our communications activity on the island, particularly in the curr...
DATE: Sep 24, 2010
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LONDON (AP) — The board of Spanish airline Iberia SA has backed British Airways PLC's plan for closing a huge pension deficit, clearing the way for a merger of the two airlines, the British carrier said yesterday.
Iberia had the right to walk away fr...
DATE: Sep 24, 2010
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The Ascendant Group Ltd. boosted its consolidated net earnings by 6.5 percent or $357,049 during the first half of this year, despite a four percent drop in revenue over the same period.
The parent company of Belco, Bermuda Gas, PureNERGY Renewables,...
DATE: Sep 24, 2010
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NEWARK, New Jersey (AP) — Facebook founder Mark Zuckerberg is about to make a lot of new friends: The 26-year-old tycoon is pouring $100 million of his staggering fortune into Newark's blighted school system after hitting it off with the mayor of the...
DATE: Sep 24, 2010
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LONDON (Reuters) - The promised vast expansion of the UK's offshore wind resources is proving to be a powerful lure for companies not normally associated with renewables but keen to generate eco-friendly and reliable sources of revenue.
Engineers, co...
DATE: Sep 24, 2010
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Bermuda is still a destination for the rich and famous as revealed by the Forbes 400 — the Richest People in America list.
New York Mayor Michael Bloomberg leads the way for those with connections to the Island, coming in at number 10 in the magazine...
DATE: Sep 24, 2010
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Higher capital requirements for European Union-based insurers from the imminent Solvency II regulations may increase the market for global reinsurers — which could be good news for the Bermuda market.
That is the view expressed in a report jointly pr...
DATE: Sep 24, 2010
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AUTHOR:
Jonathan Kent
DUBLIN (Reuters) - Ireland's economy shrank 1.2 percent in the second quarter, crushing forecasts for growth and raising the stakes for Prime Minister Brian Cowen as he seeks to reassure investors the country is not on the verge of financial meltdown...
DATE: Sep 24, 2010
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