76472 results returned for search: "" category "Business"
LONDON (Bloomberg) — Kohlberg Kravis Roberts & Co. hired former HSBC Holdings Plc chairman Sir John Bond as a senior adviser as the buyout firm targets more companies in Asia.Bond, 65, spent 45 years at HSBC before retiring as chairman earlier this y...
DATE: Nov 22, 2006
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BILOXI, Mississippi (AP) — State Farm Insurance Co. will be the first of several major insurers to be investigated by Mississippi’s insurance commissioner over their handling of policyholders’ claims after Hurricane Katrina.Insurance Commissioner Geo...
DATE: Nov 22, 2006
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It is better to give than to receive, and many Bermuda businesses do just that at Christmas, setting aside a portion of their sales for charity.
One charity that is benefiting is the Cornerstone Foundation, the one-year-old charitable arm of Cornerst...
DATE: Nov 22, 2006
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CHICAGO (AP) — The bronze signs on the department store’s exterior walls still read Marshall Field’s, but to Rick Roche, the transformed ten-story Macy’s on Chicago’s State Street is an unwelcome invader.“They’re not going to get any of my business,”...
DATE: Nov 22, 2006
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SAN FRANCISCO (Bloomberg) — HCC Insurance Holdings Inc., a seller of property and casualty insurance, said its chief executive and general counsel resigned after accountants found misdated options that may require restatements of as much as $37 milli...
DATE: Nov 22, 2006
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The London branch of professional services firm Deloitte is calling for a tax break aimed at property catastrophe insurers to halt the exodus of insurers to Bermuda, The Financial Times reported this week.
The firm has warned that the departure of Ll...
DATE: Nov 22, 2006
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Ace INA Insurance, part of the ACE Group of Companies, has opened a new Montreal office. The office will provide commercial property and casualty insurance for the Quebec and Eastern Canadian market.
?The opening of this new office in Montreal repres...
DATE: Nov 22, 2006
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NEW YORK (Bloomberg) — Shares of Google Inc. passed $500 for the first time after profit almost doubled in the last quarter and analysts predicted the stock may gain another 20 percent.Google, which began trading at $85 a share in August, 2004, joins...
DATE: Nov 22, 2006
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The Royal Gazette/Bermuda Stock Exchange index fell almost 50 points as Butterfield Bank and insurer BF&M both fell.
The index closed down 46.54 points to 4,762.26 on moderate volume of 8,218 shares worth $406,364.
Butterfield fell 50 cents to $55 on...
DATE: Nov 22, 2006
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Hedge fund administrator Olympia Capital is the latest Bermuda company to establish a back office in Halifax as the Canadian city continues to build its position as a financial centre.
And New York-based Citco Group, which has a substantial Bermuda o...
DATE: Nov 22, 2006
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