76294 results returned for search: "" category "Business"
LONDON (AP) — Britain opened an investigation Wednesday into suspected fraud by collapsed Icelandic bank Kaupthing, a move that could re-ignite diplomatic tensions between the two countries.
The Serious Fraud Office said it is particularly interested...
DATE: Dec 17, 2009
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PARIS (Reuters) - France singled out frontline financial traders for a special 50 percent tax on bonuses, following Britain by tapping into public anger over the pay deals of bankers whom many blame for the financial crisis.
Britain plans to tax bonu...
DATE: Dec 17, 2009
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The former Bistro 12 restaurant has reopened for business, after being closed for renovations for four weeks.
Husband and wife team Donte and Kelly Hunt took over the eatery - now known as Plaza Cafe - in Hamilton's Walker Arcade in August and have r...
DATE: Dec 17, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Britain intends that its controversial bank bonus tax will be a one-off and is confident it will help restrain payouts after talks with the industry over the last week, Treasury minister Paul Myners said yesterday.
"From the engage...
DATE: Dec 17, 2009
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Watlington Waterworks Ltd. and Bermuda Press (Holdings) Ltd. were the big winners on the Bermuda Stock Exchange yesterday.
Watlington jumped $1, or 8.3 percent, on the trading of 2,500 shares, to close on $13.
Bermuda Press was the most actively trad...
DATE: Dec 17, 2009
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NEW YORK (Bloomberg) — Airline insurers, a group led by Warren Buffett's Berkshire Hathaway Inc. and Allianz SE, may lose money this year on costs from the Air France crash, forcing the industry to raise prices, broker Aon Corp. said.
"The airline in...
DATE: Dec 17, 2009
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SEATTLE (Bloomberg) — Microsoft Corp. ended more than a decade of antitrust disputes with the European Union by giving consumers a choice among web browsers.
Microsoft's Windows operating system will include a screen that gives users the option of us...
DATE: Dec 17, 2009
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Rule Boosts Treasury Profit on Citigroup, Preserves Tax Losses
c.2009 Bloomberg News
Dec. 16 (Bloomberg) -- An Internal Revenue Service ruling designed to maximize profits for taxpayers after the bailout of Citigroup Inc. will also preserve as much a...
DATE: Dec 17, 2009
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AM Best Co. has affirmed the financial strength rating of A (excellent) and issuer credit rating of "a" of Amlin Bermuda Ltd.
The outlook for both ratings of the Island-based reinsurance unit of the Lloyd's insurer Amlin is stable.
Best said Amlin Be...
DATE: Dec 17, 2009
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Bermuda-based reinsurer PartnerRe Ltd. said yesterday it has named Paris Re chief risk officer Jerome Carre as its group risk management director, effective January 1.
PartnerRe last week completed the acquisition of the European reinsurer.
Mr. Carre...
DATE: Dec 17, 2009
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