76282 results returned for search: "" category "Business"
BC-EU--Britain-Prudential-AIG, 7th Ld-Writethru,0750
UK's Prudential buys AIG's Asian unit for $35.5B
LONDON (AP) -- British insurer Prudential PLC said Monday it will buy the Asian unit of bailed out American International Group Inc. in a deal worth...
DATE: Mar 02, 2010
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Finance Minister Paula Cox took some heat from business people yesterday after a Budget that significantly increased the tax burden on employers.
In a question-and-answer session at the Bermuda Chamber of Commerce Power Breakfast, Ms Cox said that th...
DATE: Mar 02, 2010
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TORONTO (Reuters) - Toronto's main stock index closed higher yesterday as industrial and bank shares were boosted by stellar North American economic data and mining stocks benefited from surging copper prices resulting from Chile's massive earthquake...
DATE: Mar 02, 2010
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NEW YORK (AP) — Just over a quarter of American adults now read news on their cell phones, according to a new report from the Pew Research Center.
The survey results released by the group yesterday offer another sign of how people are changing they w...
DATE: Mar 02, 2010
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NEW YORK (Bloomberg) - The 8.8-magnitude earthquake that struck Chile last week may cost insurers more than $2 billion, according to catastrophe-modeling firm AIR Worldwide.
The earthquake killed more than 700 people, cut off the nation's main highwa...
DATE: Mar 02, 2010
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LONDON - London's top share index rose one percent as big gains from miners and energy stocks, boosted by firmer commodity prices, outpaced faltering banks following disappointing results from HSBC. The FTSE 100 closed at 5,405.94 points, up 51.42 or...
DATE: Mar 02, 2010
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LONDON (Bloomberg) — Amlin Plc, the biggest Lloyd's of London insurer, said 2009 profit rose more than fivefold, beating analysts' estimates, on higher investment returns.
Net income climbed to £454.8 million ($687 million), from £80.3 million in 200...
DATE: Mar 02, 2010
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NEW YORK (AP) - American International Group Inc. is selling a cornerstone of its business, Asia-based life insurer AIA Group, in a government-approved $35.5 billion deal. The sale to British insurer Prudential PLC could reduce by nearly one-fifth th...
DATE: Mar 02, 2010
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Butterfield Bank's common shares dropped 1.72 percent (five cents) as speculation mounted that the bank was going to be taken over.
The bank traded 28,827 shares to close at $2.85.
BF&M Ltd. and the Ascendant Group Ltd., however, both rose 50 cents (...
DATE: Mar 02, 2010
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LONDON (Bloomberg) — Bermuda-based Hiscox Ltd., the second-biggest Lloyd's of London insurer, posted a better-than-expected 2009 profit after a benign U.S. hurricane season and higher investment returns.
Net income rose to £280.5 million ($424 millio...
DATE: Mar 02, 2010
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