76472 results returned for search: "" category "Business"
SAN JOSE, California (AP) — Benefiting from its rapid shift to a new chip-making process and a big tax windfall, Intel Corp.’s first-quarter profit surged 19 percent as lower production costs helped the company withstand another round in a fierce pri...
DATE: Apr 18, 2007
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LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the world's biggest oil-tanker company by capacity, ordered two crude oil-carrying vessels from Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Group Co. Ltd.Each will be able to haul 1 millio...
DATE: Apr 18, 2007
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Bermuda-based Catlin Group Ltd. is dipping its toes into the Chinese insurance market as part of the Lloyd’s of London’s new reinsurance operation which opened in Shanghai on Monday.
Industry experts are predicting that China will become the biggest ...
DATE: Apr 18, 2007
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AUTHOR:
Jonathan Kent
DUBAI (Bloomberg) — Qatar General Insurance & Reinsurance SAQ, an insurer operating in Qatar and the United Arab Emirates, said first-quarter profit more than doubled.Net income rose to 26.7 million riyals ($7.3 million), or 1.99 riyals a share, from...
DATE: Apr 18, 2007
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NEW ORLEANS (AP) — Allstate Insurance Co. must pay a Louisiana man who lost his home to Hurricane Katrina more than $2.8 million in damages and penalties, a federal jury decided yesterday in a case that hinged largely on whether it was wind or storm ...
DATE: Apr 17, 2007
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LONDON (Bloomberg) — The pound surged to its highest in 15 years against the dollar as reports showing faster inflation stoked speculation the Bank of England will raise interest rates twice more this year.The currency rose for a fifth straight day a...
DATE: Apr 17, 2007
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Ace Ltd. chief executive officer Evan Greenberg was given a compensation package valued at $14 million in 2006 — not $20.8 million, as was incorrectly reported last week by The Royal Gazette, as well as the Associated Press.
The figures were taken fr...
DATE: Apr 17, 2007
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International carrier TeleBermuda International Ltd. (TBI) has affirmed its commitment to serve Bermuda’s insurance industry by joining the Association for Cooperative Operations Research and Development (ACORD).
ACORD facilitates standards’ developm...
DATE: Apr 17, 2007
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The Phoenix Store has launched a new retail store aimed at catering to the needs of children of all ages.
Phoenix Kidz will be based in a 6,500-square-foot space at the Phoenix Centre in Reid Street and the company claims it is “the Island’s most com...
DATE: Apr 17, 2007
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Just a few days after Lloyd's of London said it could not predict the future, Accuweather's senior meteorologist told an audience at the Fairmont Hamilton Princess, and another online, that he will — on May 5.
Joe Bastardi was the guest speaker at a ...
DATE: Apr 17, 2007
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