76472 results returned for search: "" category "Business"
MOSCOW (Bloomberg) — IPOC International Growth Fund Ltd., a Bermuda-based mutual fund that owns Russian telecommunications assets, yesterday denied an Interfax report it plans to invest in OAO VimpelCom.IPOC denied the report in a one-sentence statem...
DATE: Dec 01, 2006
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NEW YORK (Bloomberg) ? Lazard Ltd. and a group of its current and former managing directors raised $590 million by selling 13 million shares, more than originally planned, to help pay off debt and fund expansion.
The investment bank run by Bruce Wass...
DATE: Dec 01, 2006
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OSLO (Dow Jones) ? Bermuda-based drilling firm SeaDrill ASA?s (SDRL.OS) shareholders will vote today on the company?s proposed NOK40 billion ($6.5 billion) share issuance ? a move analysts said likely will lead to an acquisition by the company.
The O...
DATE: Dec 01, 2006
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NEW YORK (AP) — Microsoft Corp. launched its first new computer operating system in five years yesterday, saying that despite delays, the product’s emergence is perfectly timed for PC users who increasingly need to coordinate information from a dizzy...
DATE: Dec 01, 2006
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HOUSTON (Bloomberg) ? Shares of Nabors Industries Ltd., the world?s largest onshore drilling contractor, jumped to a three-month high on Wednesday, rising with other US-based energy service companies as natural gas prices rallied.
Nabors shares rose ...
DATE: Dec 01, 2006
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The Argus Group turned in record six month earnings of $17.3 million yesterday — a $4.2 million or 32 percent increase over the same period in 2005.
The profit increase for the six months to the end of September, 2006 came as revenues jumped by $5.5 ...
DATE: Dec 01, 2006
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Howe Enterprising is to close its retail outlet on Reid Street in January.
Owner Ruth Kempe said the closure of the shop, located in the LOM Building, would enable her to focus on her interior design business both in Bermuda and in London.
Howe Enter...
DATE: Dec 01, 2006
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LONDON (Reuters) ? UK insurers must improve their risk management, working harder to define and understand their strategy beyond procedure manuals, the Financial Services Authority said yesterday.
The regulator, in an insurance sector briefing, said ...
DATE: Dec 01, 2006
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Ace European Group yesterday warning that UK businesses are exposing themselves to unnecessary environmental liability risks, because they continue to view specialist insurance products as too expensive and overly complicated.
Alongside a limited und...
DATE: Dec 01, 2006
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Ratings agency Standard and Poor’s has revised its outlook for Aspen Insurance Holdings Ltd. and its subsidiaries from “negative” to “stable”.
“The outlook revision reflects enhancements made over the past year to the group’s enterprise risk manageme...
DATE: Nov 30, 2006
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