76290 results returned for search: "" category "Business"
Ace Ltd., the Zurich-based insurer with operations in more than 50 countries, sees acquisition opportunities "on the horizon," chief executive officer Evan Greenberg said.
"I see more opportunity now," Greenberg said on a conference call with analyst...
DATE: Feb 05, 2010
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Hardy Underwriting Bermuda Ltd. has recruited two well-known characters in the Bermuda re/insurance industry as non-executive directors.
Montepelier Re chairman Anthony Taylor joins the board with immediate effect, while former XL Capital chief of st...
DATE: Feb 05, 2010
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NEW YORK (AP) — Wealthier shoppers went on a buying binge in January and even middle-income Americans spent a little more, retailers said yesterday. Some chains reported their brightest monthly results in years.
The prospects for many stores' fourth-...
DATE: Feb 05, 2010
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TOKYO (AP) — Sony expects a smaller annual loss after blockbuster movie releases, cost cuts and robust holiday gadget sales boosted quarterly earnings more than sevenfold.
The Japanese manufacturing icon, known for products like the PlayStation 3 gam...
DATE: Feb 05, 2010
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BEIJING (AP) — China lashed back yesterday at President Barack Obama's vow to get tougher in currency disputes, saying criticism is unhelpful and insisting exchange controls are not to blame for its trade surplus.
Obama's comments yesterday could add...
DATE: Feb 05, 2010
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NEW YORK (Bloomberg) — Insurers reported 14 percent more cases of suspected fraud in 2009 than a year earlier as drivers intentionally crashed cars and roofing companies damaged buildings to generate claims, an industry group said.
Insurers referred ...
DATE: Feb 05, 2010
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Butterfield Bank fell 10 cents (2.94 percent) to $3.30 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 17,420 shares during the day.
Argus Group Holdings Ltd., meanwhile, rose five cents (0.55 percent) to $9, with 1,000 shares changing...
DATE: Feb 05, 2010
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NEW YORK / ORLANDO (Reuters) - New York's attorney general charged Bank of America Corp, former chief executive Kenneth Lewis and former chief financial officer Joe Price with fraud for allegedly misleading shareholders about the bank's acquisition o...
DATE: Feb 05, 2010
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NEW YORK (AP) - Stocks buckled yesterday under the growing belief that the global economy is weaker than many investors expected and likely to stop companies from hiring. The Dow Jones industrials traded below 10,000 for the first time in three month...
DATE: Feb 05, 2010
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BC-EU--Switzerland-Earns-Zurich, 3rd Ld-Writethru,0249
Zurich Financial Q4 profit increases fivefold
ZURICH (AP) -- Swiss insurer Zurich Financial Services Group on Thursday reported a fivefold increase in fourth-quarter net profit thanks to higher p...
DATE: Feb 05, 2010
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