76470 results returned for search: "" category "Business"
Investigations into alleged bid-rigging and other "shrewd business tactics" have now cost Ace Ltd. $89 million in paybacks and fines across the US.
In the latest settlement Bermuda's biggest insurance and reinsurance company has agreed to pay $9m to ...
DATE: May 15, 2007
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AUTHOR:
Scott Neil
Belco shares lost 55 cents on an otherwise quiet day for the Royal Gazette / Bermuda Stock Exchange which ended 10.11 points (0.2 percent) lower at 5,131.5.
Belco dropped 0.55 percent after 500 shares were traded, settling at a closing price of $23.2...
DATE: May 15, 2007
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ATLANTA — Bankruptcy can be a wake-up call for airlines about the need to run their operations more efficiently, but it also can shine a light on a more basic challenge like making customers happy.UAL Corp.'s United Airlines and Delta Air Lines Inc.,...
DATE: May 15, 2007
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A subsidiary of Bermuda-domiciled White Mountains Insurance Group has reached an agreement with US technology company Storm Exchange aimed at providing ready access to ways of predicting the impact of weather on business and how those businesses can ...
DATE: May 15, 2007
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AUTHOR:
Scott Neil
DETROIT (Bloomberg) — General Motors Corp. shares were raised to "outperform" by Bear Stearns analyst Peter Nesvold, in part because of the sale of DaimlerChrysler AG's Chrysler.The sale of the US-based Chrysler unit to Cerberus Capital Management LP...
DATE: May 15, 2007
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When you invest some money, have a personal goal for that investment and don't worry yourself about how it compares to the investments of others.
That is the advice of Jack Brennan, chief executive officer of Vanguard, the biggest mutual fund provide...
DATE: May 15, 2007
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AUTHOR:
Jonathan Kent
Market capitalisation of Bermuda-registered Nordic American Tanker Shipping has topped $1 billion for the first time reflecting the growth in the company's fleet of tankers from four in 2004 to 12 at the end of last year.
It made a profit of $22 mill...
DATE: May 15, 2007
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AUTHOR:
Scott Neil
WASHINGTON (Bloomberg) — US airlines, which already share the sky with corporate jets, are pushing to share their tax burden too.President George W. Bush is proposing to cut the amount passenger carriers such as American Airlines and Continental Airl...
DATE: May 15, 2007
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Sales figures in Bermuda have rebounded after February's downswing, and for on-Island retailers the news gets better as the latest figures reveal residents spent less of their dollars overseas and more in Bermuda during March.
But a less rosy trend a...
DATE: May 15, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Aspen Insurance Holdings CEO Chris O' Kane (pictured) will ring the closing bell at the New York Stock Exchange tomorrow to commemorate the five-year anniversary of the company's founding.
Mr. O' Kane will be joined by executives and guests of Aspen....
DATE: May 15, 2007
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