76272 results returned for search: "" category "Business"
PUERTO RICO (Bloomberg) — Bacardi USA Inc. won a legal dispute with a US unit of France's Pernod Ricard SA when a federal judge concluded that Bacardi's "Havana Club" rum label is not misleading and clearly states the liquor is made in Puerto Rico.
P...
DATE: Apr 08, 2010
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Butterfield Bank shareholders will today get the opportunity to voice their opinions directly to management in what is likely to be a stormy annual general meeting.
The meeting comes after a turbulent period for the bank, during which the bank's shar...
DATE: Apr 08, 2010
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AUTHOR:
Jonathan Kent
AM Best Co. has withdrawn the financial strength rating (FSR) of A (excellent) and issuer credit rating (ICR) of "a" of Platinum Re (UK) Ltd. and assigned an NR-5 (Not Formally Followed) to the FSR and an "nr" to the ICR.
The ratings actions reflect ...
DATE: Apr 08, 2010
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The 7.2-magnitude earthquake that struck Mexico on Sunday is expected to have caused less than $300 million in insured losses, according to catastrophe modeller Eqecat.
That will come as a relief to a Bermuda insurance market that has estimated catas...
DATE: Apr 08, 2010
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A taste of the East will be coming to town when Wok Express launches its second outlet in North Street next week.
The popular eatery, which has proved to be a big hit since opening its doors on Middle Road, Southampton two years ago, will double as a...
DATE: Apr 08, 2010
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NEW YORK (Bloomberg) — US prosecutors interviewed former American International Group Inc. executive Joseph Cassano and are to continue today as they weigh whether to bring criminal charges related to the insurer's collapse, according to a person fam...
DATE: Apr 08, 2010
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Dragon Oil has dropped a plan to move its nominal corporate home from Ireland to Bermuda, the Financial Times reported yesterday.
The decision followed an extensive review, the oil development and production group said yesterday.
Most of the corporat...
DATE: Apr 08, 2010
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Fed official says higher rates will be needed soon
WASHINGTON (AP) -- A Federal Reserve official says the Fed should start boosting interest rates "soon," warning that delay could eventually unleash inflation. He does not specify when it should act.
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DATE: Apr 08, 2010
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LONDON - Weaker miners and energy stocks, weighed by falling commodity prices, outweighed gains in defensive tobacco firms and drugmakers to drag Britain's top share index down 0.3 percent.
The FTSE 100 index ended 18.29 points lower at 5,762.06.
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DATE: Apr 08, 2010
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NEW YORK (AP) - A late-day slide broke the stock market's recent calm yesterday after concerns grew that shares are overheated.
A mix of concerns including a drop in consumer borrowing and a slide in oil prices hit a market that analysts said has bee...
DATE: Apr 08, 2010
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