76472 results returned for search: "" category "Business"
SYDNEY (Bloomberg) ? QBE Insurance Group Ltd., Australia?s largest property and casualty insurer, agreed to buy Praetorian Financial Group Inc. from Hannover Re for $800 million in its biggest purchase, more than doubling sales in the US.
The acquisi...
DATE: Dec 14, 2006
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NEW YORK (Bloomberg) — Carnival Corp., the world’s largest cruise operator, said it will buy a new ship for [EURO]420 million ($556.1 million) to expand capacity in Europe.Carnival will exercise an option to order a 92,700-ton cruise ship for its Ita...
DATE: Dec 14, 2006
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Bacardi Ltd. yesterday announced that it had won agreement from shareholders of 42 Below for its $91 million cash purchase of the New Zealand premium vodka maker.
"Bacardi is thrilled to welcome 42 Below's young and innovative brands into our global ...
DATE: Dec 14, 2006
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NEW YORK (AP) — Wall Street ended a volatile session marginally higher yesterday after stocks first surged on robust retail sales numbers but pared their gains as oil prices spiked.The Energy Department reported crude inventories fell for a third str...
DATE: Dec 14, 2006
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Government yesterday passed a bill increasing Bermuda Monetary Authority fees for banks, trusts and insurers to help fund 30 new globe-trotting regulators.
Minister of Finance Paula Cox said the additional manpower was needed following the Internatio...
DATE: Dec 14, 2006
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A bill bringing in a code of conduct for the insurance industry was passed with all-party support yesterday.
Finance Minister Paula Cox said it would allow the Bermuda Monetary Authority to hold the industry accountable.
She said the Insurance Amendm...
DATE: Dec 14, 2006
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NEW YORK (Reuters) ? Axis Capital Holdings Ltd. said a private equity fund that is one of its founding investors will sell 3 million shares.
Trident II, L.P. and related companies will sell the stake, or about two percent of Axis? outstanding shares,...
DATE: Dec 14, 2006
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A bill bringing in a code of conduct for the insurance industry was passed with all-party support yesterday.
Finance Minister Paula Cox said it would allow the Bermuda Monetary Authority to hold the industry accountable.
She said the Insurance Amendm...
DATE: Dec 14, 2006
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CATEGORY:
Other
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SYDNEY (Bloomberg) — QBE Insurance Group Ltd., Australia’s largest property and casualty insurer, agreed to buy Praetorian Financial Group Inc. from Hannover Re for $800 million in its biggest purchase, more than doubling sales in the US.The acquisit...
DATE: Dec 14, 2006
|
CATEGORY:
Other
|
Government yesterday passed a bill increasing Bermuda Monetary Authority fees for banks, trusts and insurers to help fund 30 new globe-trotting regulators.
Minister of Finance Paula Cox said the additional manpower was needed following the Internatio...
DATE: Dec 14, 2006
|
CATEGORY:
Other
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