76292 results returned for search: "" category "Business"
Bermuda-based Nordic American Tanker Shipping Ltd. is to sell four million shares to fund future acquisitions and for general corporate purposes.
As of this week, Nordic owned or had agreed to acquire 18 modern double-hull Suezmax tankers, including ...
DATE: Jan 22, 2010
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NEW YORK (Reuters) - Continental Airlines posted a surprise quarterly profit yesterday and said travel demand, especially from lucrative business travelers, was improving modestly.
The decline in revenue that Continental books per passenger, a key me...
DATE: Jan 22, 2010
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The value and volume of sold luxury homes were down 50 percent in 2009 compared to 2008, according to the latest figures by ColdwellBanker Bermuda Realty.
The report also flagged up serious concerns about the barriers to entering the Island's luxury ...
DATE: Jan 22, 2010
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Endurance Specialty Holdings Ltd. has appointed Kimberly Morgan as practice leader for the company’s Bermuda healthcare practice.
Ms Morgan, a senior vice-president, who is Bermudian, has almost 20 years of industry experience, including seven years ...
DATE: Jan 22, 2010
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NEW YORK (Bloomberg) — Added safety measures after last month's failed attempt to blow up a jetliner may make it harder for US airlines to thwart a security-fee increase the Obama administration has been seeking.
"There's no question" the administrat...
DATE: Jan 22, 2010
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Bermuda-based Validus Holdings Ltd. yesterday priced $250 million of debt in the reinsurer’s debut bond sale.
The coupon on the 30-year unsecured senior notes is 8.875 percent, the company announced last night, and the offering is expected to close o...
DATE: Jan 22, 2010
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The total number of imports to Bermuda increased by $2 million for the third quarter of 2009 compared to the same period the previous year, despite the economic downturn which has hit the Island’s trade hard over the past year.
That is according to t...
DATE: Jan 22, 2010
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BEIJING (AP) — China shook off the global crisis as growth surged to 10.7 percent in the final quarter of 2009 but inflation picked up, adding to pressure on Beijing to cool rising prices without disrupting the recovery.
Quarterly growth beat forecas...
DATE: Jan 22, 2010
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TOKYO (AP) — Suzuki Motor Corp. must stick to what it does best — being a small-car maker — even as it forges an alliance with Volkswagen AG that will rank as one of the world's biggest auto empires, its chief executive said yesterday.
Last month, th...
DATE: Jan 22, 2010
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The Bermuda funds industry stabilised in the third quarter of last year, after losing more than a third of its net asset value since from mid-2008.
Figures revealed in the Bermuda Monetary Authority’s December 2009 Regulatory Update showed that the c...
DATE: Jan 22, 2010
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