76472 results returned for search: "" category "Business"
NEW YORK (AP) — PepsiCo Inc. said yesterday that chief executive Indra K. Nooyi will assume the additional title of chairwoman of the soft drink and snack food company. As its CEO, she was already one of the highest-ranked women leaders in corporate ...
DATE: Feb 06, 2007
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The yo-yo movement of Belco shares over the past few days continued on Monday as they fell $1.75 in value (seven percent) when 325 were traded on the Royal Gazette / Bermuda Stock Exchange.
On another relatively quiet day for the Exchange Butterfield...
DATE: Feb 06, 2007
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NEW YORK (Bloomberg) ? Bermuda-based Ace Ltd., a property and casualty insurer, plans to sell $500 million in 10-year senior unsecured notes, according to a regulatory filing.
The notes may be priced to yield 90 basis points more than 10-year US Trea...
DATE: Feb 06, 2007
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Four more UK banks with an offshore presence outside mainland Great Britain ? including Bank of Bermuda parent company HSBC ? have found themselves caught in the expanding net of EU tax inspections.
EU citizens who have money in the banks, which have...
DATE: Feb 06, 2007
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AUTHOR:
Scott Neil
Finance Minister Paula Cox has asked for the Supreme Court to wind up the controversial IPOC International Growth Fund and eight related companies.
In a written statement yesterday confirming the move, Ms Cox said that it was sometimes necessary to t...
DATE: Feb 06, 2007
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AUTHOR:
Jonathan Kent
Analysts underestimated by $300 million how much revenue Bermuda-based Axis Capital Holdings Limited would generate in the fourth quarter of 2006.
The firm revealed after trading yesterday that its net income for the final portion of the year had ris...
DATE: Feb 06, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
ZURICH, Switzerland (AP) ? Swiss Re, one of the world?s largest reinsurance companies, said yesterday it agreed to sell its London headquarters, a 40-story glass skyscraper known as ?The Gherkin.?
The company said it would sell the office building at...
DATE: Feb 06, 2007
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NEW YORK (AP) — Wall Street closed narrowly mixed yesterday as lingering concerns about the economy offset better-than-expected sales from Wal-Mart Stores Inc. and a flurry of acquisition activity.Wal-Mart rose after the world’s largest retailer said...
DATE: Feb 06, 2007
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Finance Minister Paula Cox was right to assist US tax authorities in investigations of Terry Coxon and the firm Passport Financial Incorporated, a Bermuda court has ruled.
Bermuda does provide such information to outside countries if a good case is m...
DATE: Feb 06, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Members of the public will be invited to have their say on Government?s proposals for the future of the telecommunications industry in a public meeting on Thursday evening.
But some telecommunications companies have asked for the meeting to be put ba...
DATE: Feb 06, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
