76472 results returned for search: "" category "Business"
HOUSTON (Reuters) — Bermuda-registered oil driller SeaDrill Ltd. is in ongoing deal talks with US drillers GlobalSantaFe Corp., Ensco International Inc. , Noble Corp. and Transocean Inc., Lehman Brothers said yesterday in a weekly note to clients.Sea...
DATE: Mar 14, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange’s main index slid more than 250 points in a broad retreat led by a drop in commodity prices, and amid worries over an economic slowdown fuelled by the high-risk, US subprime mortgage market.The S&P/TSX c...
DATE: Mar 14, 2007
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TORONTO (AP) — Fallen media baron Conrad Black readily admits he helped his ninth-grade classmates cheat, selling purloined exams on a sliding scale, depending on their grades.He netted $1,400 in the caper — not bad for a 14-year-old Canadian kid bac...
DATE: Mar 14, 2007
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Argonaut Group Inc., a specialty underwriter, and PXRE Group Ltd , a Bermuda-based property reinsurer, announced on Wednesday plans to merge, and the combined entity will do business as Argo Group International Holdings Ltd.
The companies said Argo G...
DATE: Mar 14, 2007
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The fourth largest operator in the Lloyd's market is moving its headquarters from London to Bermuda and also intends to set up a $309 million reinsurance subsidiary on the Island.
Bermuda's attractiveness as the preferred domicile for insurers and re...
DATE: Mar 14, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) Bermuda-registered Tsakos Energy Navigation Ltd., an oil-tanker owner, said fourth-quarter profit rose 27 percent after selling ships while benefiting from an expansion of its fleet earlier in the year.Net income rose to $77.1 m...
DATE: Mar 14, 2007
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TOKYO (Bloomberg) — Citigroup Inc. increased its takeover offer for Nikko Cordial Corp. by 26 percent to $13.4 billion after the Japanese brokerage's biggest investors rejected the earlier bid.The biggest US bank boosted its cash bid to 1,700 yen a s...
DATE: Mar 14, 2007
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NEW YORK (Bloomberg) — Accenture Ltd., the world’s second- biggest consultant, and partners are losing a $543 million contract with Texas to provide computer services for the state’s health and social services programmes.The decision to end the contr...
DATE: Mar 14, 2007
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LONDON (Bloomberg) — Moody’s Investors Service sparked derision from JPMorgan Chase & Co. and Merrill Lynch & Co. yesterday after backtracking from global ratings criteria that rank Icelandic lenders above ABN Amro Bank NV.Moody’s on March 9 delayed ...
DATE: Mar 13, 2007
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A Bermuda company is amongst the first in the world to provide a new breed of high security internet validation certificates that turn red to warn a user they may be visiting a fake or scam web site.
The new certificates will show "green for go" or r...
DATE: Mar 13, 2007
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AUTHOR:
Scott Neil
