76343 results returned for search: "" category "Business"
Stress testing of Bermuda's insurance companies is likely to become a regular feature of regulation on the Island - even after the global economy has recovered from its present plight.
Shelby Weldon, director of insurance licensing and authorisation ...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
NEW YORK (AP) - About halfway through first-quarter earnings reports, Wall Street still is not sure where the economy is headed.
The Dow Jones industrials closed yesterday with a gain of about 71 points, or 0.9 percent, but only after another shaky, ...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
WASHINGTON (AP) — President Barack Obama said yesterday he is determined to get a credit-card law that eliminates the tricky fine print, sudden rate increases and late fees that give millions of consumers headaches.
"I trust that those in the industr...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
DETROIT (AP) — General Motors Corp. said yesterday it will temporarily close 13 assembly plants in the US and Mexico — some for more than two months — as it tries to pare back its bloated inventory due to slumping sales.
The company said in a stateme...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
NEW YORK (AP) — Royal Caribbean Cruises Ltd., battered by a sharp and prolonged drop in vacation spending, said yesterday it lost less in the first quarter than expected as bookings stabilised and cruise costs declined more than anticipated.
Travelle...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
Students were given an insight into the world of insurance by Marsh and Guy Carpenter & Company LLC courtesy of a three-month road show held at Bermuda's public and private schools.
The initiative, which is in its second year, uses interactive presen...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — US Airways Group Inc. posted a first-quarter net loss of $103 million as the recession crimped travel demand, while JetBlue Airways Corp. reported a profit of $12 million on lower fuel costs. Both beat analysts' estimates.
The ...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
SAN JUAN, Puerto Rico (AP) — At least five Caribbean countries have suffered double-digit drops in tourist visits this year as the global economic slowdown wreaks havoc on the region's top industry, a researcher said yesterday.
The steep declines in ...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
Ironshore Inc. has appointed Andrew Archambault as senior vice-president of reinsurance.
In his new role, Mr. Archambault will develop and manage Ironshore's ceded reinsurance programmes with responsibility for the oversight, development and administ...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
As chief operating officer of AIU Holdings, Ralph Mucerino is no doubt of what his number one priority will be - making a profit so that AIG can pay back the US Government, dollar by dollar.
In a 30-year career with AIG, Mr. Mucerino rose to the rank...
DATE: Apr 24, 2009
|
CATEGORY:
Other
|
