76379 results returned for search: "" category "Business"
Bermuda's financial services and insurance industry could be set to forge stronger links with the South African market if a businessman and youth organisation have their way.
John Field, chief executive officer of Fed Group Holdings, a financial serv...
DATE: Oct 22, 2008
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Hurricanes Gustav and Ike took their toll on Platinum Underwriters Holdings Ltd. as the insurer reported a net loss of $43.5 million, or 99 cents per share, during the third quarter of 2008.
Platinum slipped from a profit of $91.3 million for the sam...
DATE: Oct 22, 2008
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Island Cement Ltd. has put in a bid to buy Maxcem Ltd. in an attempt to take over the running of the Dockyard Cement Facility, The Royal Gazette can exclusively reveal.
Current leaseholder Maxcem's six-month deal expires at the end of December and Is...
DATE: Oct 22, 2008
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SAN FRANCISCO (Reuters) - Despite turmoil in global markets, two-thirds of senior technology industry executives polled in a new survey say the economic slowdown will not hurt them as badly as the bursting of the tech bubble in 2000.
However, more th...
DATE: Oct 22, 2008
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LONDON (Reuters) - The British economy moved a step closer to recession yesterday after more dismal data showed home sales halving and manufacturers planning to slash output and jobs as their confidence dwindled to a 28-year low.
The Confederation of...
DATE: Oct 22, 2008
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Bermuda-based insurer Argo Group International Holdings Ltd. yesterday announced the launch of a financial products unit in London.
Argo Financial Products Ltd. will focus on providing non-US domiciled clients lines including directors' and officers'...
DATE: Oct 22, 2008
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Bermuda insurer Endurance Specialty Holdings Ltd. announced yesterday that it expects to report a third-quarter operating loss of between 96 cents and $1.15 per share.
The main reasons were estimated losses of $145 million related to hurricanes Gusta...
DATE: Oct 22, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Billionaire Kirk Kerkorian may sell his stake in Ford Motor Co. after the $1 billion he invested lost two- thirds of its value and put his firm's controlling interest in casino company MGM Mirage at risk.
Kerkorian's Tracinda C...
DATE: Oct 22, 2008
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LONDON (AP) — British retail entrepreneur Philip Green yesterday played down the prospect of buying into the retail assets of Icelandic investment company Baugur in the near term.
Green, who owns the Arcadia retail empire which includes Topshop and D...
DATE: Oct 22, 2008
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TORONTO (Reuters) — Toronto Stock Exchange's main index plunged yesterday, hit by disappointment over a smaller-than-expected rate cut by the Bank of Canada and by falling commodity prices.
The market had largely expected the Bank of Canada to cut it...
DATE: Oct 22, 2008
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