76290 results returned for search: "" category "Business"
LONDON (AP) — UK media group Trinity Mirror PLC said yesterday that it is paying £44.8 million ($70 million) to buy the Guardian Media Group's regional media titles. The deal will add the Manchester Evening News, the Surrey Advertiser and Reading Pos...
DATE: Feb 10, 2010
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MOSCOW (Bloomberg) — VimpelCom Ltd. expects Russia's Alfa Group and Telenor ASA to complete a merger of Russian and Ukrainian mobile-phone assets by the end of April, chief executive officer Alexander Izosimov said.
VimpelCom Ltd., the company being ...
DATE: Feb 10, 2010
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Bermuda-based business insurer XL Capital Ltd. posted a net loss of $40.3 million in the fourth quarter of 2009 as investment losses outweighed an underwriting profit.
The results released last night mean that XL achieved net income of $206.6 million...
DATE: Feb 10, 2010
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) — The pound may decline after "weak" UK retail sales, according to Barclays Plc.
Data from the British Retail Consortium showed sales climbed in January at the slowest annual pace in at least 15 years. The Bank of England delivers ...
DATE: Feb 10, 2010
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What is claimed to be Bermuda's first ever wedding boutique is set to open its doors in St. David's next week in a bid to tap into one of the Island's most lucrative businesses.
Milika Seymour, owner of BLANC Ltd., will be officially launching her ne...
DATE: Feb 10, 2010
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CHICAGO (Reuters) - Coca-Cola Co reported stronger-than-expected quarterly sales as higher demand for its beverages in China, India and Brazil offset a drop in North America, sending the world's largest soft-drink maker's shares up 3.3 percent.
Lower...
DATE: Feb 10, 2010
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Aspen Insurance Holdings Ltd. achieved a more than fivefold increase in profit for the fourth quarter, as claims fell and investment income climbed.
The Bermuda-based re/insurer said net income for the quarter after tax was $126.3 million, compared t...
DATE: Feb 10, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Jim Tisch, the leader of Loews Corp., said the US did a "good job of killing" the hotel business by lambasting corporate travel and hurt American International Group Inc.'s ability to return bailout funds by curbing pay.
"The c...
DATE: Feb 10, 2010
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How to make a decent return on fixed-income investments is likely to be a challenge for Bermuda's re/insurers in 2010.
That is the view of Christopher Wyke, of asset management firm Schroders, who believes that emerging markets debt (EMD) could be pa...
DATE: Feb 10, 2010
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AUTHOR:
Jonathan Kent
ILAN, Taiwan (AP) — There are palm groves here, not heather on the heath, but that hasn't stopped a company in northeastern Taiwan from trying to produce a whisky that can compete with Scottish brands.
Executives at beverage maker King Car Food Indus...
DATE: Feb 10, 2010
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