76472 results returned for search: "" category "Business"
Bermuda’s booming economy faces being blown away by disgruntled US Democrats.
One lobbyist has likened the Island to a “parasite” for profiting from offshore US business by taking money that should be benefiting ordinary Americans.
And despite having...
DATE: Nov 21, 2006
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AUTHOR:
Scott Neil
CHICAGO (Bloomberg) — Shares of Nabors Industries Ltd., the world's largest onshore oil and natural-gas driller, rose as much as eight percent on takeover speculation.The shares climbed $1.01, or 3.3 percent, to $31.57 at 2.18 p.m. on the New York St...
DATE: Nov 21, 2006
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ZURICH (Bloomberg) ? Swiss Reinsurance Co. may release reserves ?over time? to bolster profit, after the world?s largest reinsurer put more money aside than needed to cover claims.
?Given the size of Swiss Re?s reserves and the substantial improvemen...
DATE: Nov 21, 2006
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TOLEDO, Ohio (AP) — A former Republican Party fundraiser at the centre of a scandal-plagued state investment in rare coins that helped Democrats seize power in the midterm elections was sentenced yesterday to 18 years in prison.Tom Noe, a prominent c...
DATE: Nov 21, 2006
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ZURICH (Bloomberg) — Swiss Reinsurance Co. may release reserves “over time” to bolster profit, after the world’s largest reinsurer put more money aside than needed to cover claims.“Given the size of Swiss Re’s reserves and the substantial improvement...
DATE: Nov 21, 2006
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NEW YORK (AP) — The feeble US housing market showed more frailty when third-quarter home sales plummeted in 38 states, hitting Nevada, Arizona, Florida and California particularly hard, government data showed yesterday.The once-booming real estate ma...
DATE: Nov 21, 2006
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Bermuda-based White Mountains Insurance Group, Ltd. said it will buy back up to 1 million shares.
White Mountains, like Berkshire Hathaway, does not split its shares. They are currently trading at over $600, pricing the buy-back at around $600 millio...
DATE: Nov 21, 2006
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TORONTO (Bloomberg) — Canadian stocks rose, paced by raw-materials companies including Alcan Inc., on speculation there may be more takeovers as investors bet demand for resources will remain strong. Energy producers such Petro-Canada gained.“Equitie...
DATE: Nov 21, 2006
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Bermuda-based White Mountains Insurance Group, Ltd. said it will buy back up to 1 million shares.
White Mountains, like Berkshire Hathaway, does not split its shares. They are currently trading at over $600, pricing the buy-back at around $600 millio...
DATE: Nov 21, 2006
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CATEGORY:
Other
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SEOUL, South Korea (AP) — South Korean prosecutors indicted US private equity group Lone Star Funds and the Korea Exchange Bank yesterday, stepping up an investigation into the fund’s 2003 acquisition of the Korean lender, Yonhap news agency reported...
DATE: Nov 21, 2006
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