76340 results returned for search: "" category "Business"
WASHINGTON (AP) — President Barack Obama pushed a humbled General Motors Corp. into bankruptcy yesterday and said the federal government will act as "reluctant shareholder" when it assumes a 60 percent ownership of the smaller carmaker that emerges.
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DATE: Jun 02, 2009
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XL Re, the global reinsurance operations of XL Capital Ltd., yesterday announced it has received three awards from the Association for Cooperative Operations Research and Development (ACORD), a global, non-profit standards development organisation wh...
DATE: Jun 02, 2009
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DETROIT (AP) — General Motors Corp. said yesterday it will permanently close nine more plants and idle three others to trim production and labour costs under bankruptcy protection.
The closures will displace 18,000 to 20,000 GM employees, the company...
DATE: Jun 02, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer bailed out by the US, replaced the head of its mortgage insurance unit as the company weighs whether to shut the money-losing business.
Eric Martinez has been named to replace Will...
DATE: Jun 02, 2009
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The nearly 700 Chevrolet owners on the Island need have no concern about the supply of parts or new vehicles as a result of the General Motors bankruptcy.
That is the view of Daniel Greenslade, owner of auto dealer Rayclan Chevrolet, which has sold t...
DATE: Jun 02, 2009
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AUTHOR:
Jonathan Kent
Bank of Bermuda, Deloitte and Ace Group yesterday jointly introduced 12 students who will be working with the three companies over the next 12 weeks in their internship programme.
The students were selected from a pool of almost 50 applicants and rep...
DATE: Jun 02, 2009
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The Luxurious Spa at Tucker's Point Hotel is devoted to giving it's customers an authentic high level Spa experience.
Eight treatment rooms situated around a serene courtyard featuring a reflection pool and sun loungers for clients to relax before or...
DATE: Jun 02, 2009
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TORONTO (Reuters) - General Motors Corp is committed to billions of dollars in capital spending and research and development in Canada under the terms of a rescue package that will cost Ottawa and the province of Ontario up to $9.5 billion, senior go...
DATE: Jun 02, 2009
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NEW YORK (Bloomberg) — Property-casualty insurers will probably post a decline in underwriting results this year as carriers cut prices to maintain business.
Companies are selling coverage below cost "to a greater degree than is sustainable in the lo...
DATE: Jun 02, 2009
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Age: 46
Role: Executive Director, The Bermuda Cancer and Health Centre
What is your job? To manage the overall operation of the Centre and to work with the Centre's Board of Directors in developing our strategic direction. The day-to-day duties inclu...
DATE: Jun 02, 2009
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