76472 results returned for search: "" category "Business"
MELBOURNE (Dow Jones) ? Australian toll road developer Transurban Group is to move its domicile to Bermuda in order to make it easier to invest around the world while still making cash distributions to its Australian investors.
Transurban said yester...
DATE: Oct 24, 2006
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The possibility that Bermuda Commercial Bank may be sold has given the Island's third bank a ratings lift.
Fitch Ratings said yesterday it was revising the the bank's Rating Watch status to "Evolving" from "Negative", meaning it is less likely the ba...
DATE: Oct 24, 2006
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AIX-EN-PROVENCE, France (AP) ? A French court ruled last week that the former head of a bank tied to the collapse of US commodities brokerage Refco Inc. can be extradited to Austria.
Helmut Elsner, 71, can be extradited immediately, despite his lawye...
DATE: Oct 23, 2006
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The division, called Syndicate 3820, will be able to insure as much as ?65 million ($121 million) of business in 2007, the London-based company said in a Regulatory News Service statement last week.
Hardy will increase underwriting by 75 percent to ?...
DATE: Oct 23, 2006
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OMAHA, Nebraska (AP) ? General Reinsurance Corporation, the reinsurance giant owned by Warren Buffett?s Berkshire Hathaway Inc., learned last week that the company is not a target of the federal investigation into the collapse of insurer Reciprocal o...
DATE: Oct 23, 2006
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NEW YORK (Bloomberg) ? Warren Buffett?s Berkshire Hathaway Inc. agreed to assume as much as $7 billion of risks held by former investors in Lloyd?s of London, taking on potential asbestos claims that once threatened the London insurance market?s exis...
DATE: Oct 23, 2006
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The Dow industrial index has hit new highs and other stock-market indices, in the United States and elsewhere, are also doing well as investors price in a soft landing for the US economy. Volatility indicators show few signs of rising from their low ...
DATE: Oct 23, 2006
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NEW YORK (Bloomberg) ? Rarely has a Nobel Peace Prize been more deserved than in the case of Muhammad Yunus of Bangladesh. The founder of Grameen Bank beat out Irish rock star Bono and a bevy of others for the honour, and rightfully so.
Financiers do...
DATE: Oct 21, 2006
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Bermudians tend to fixate to the point of obsession about owning property. Given the historic rate off appreciation and the fact that for many years onshore capital market investments (in hard currencies) were limited or just not available, it is no ...
DATE: Oct 21, 2006
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WASHINGTON (Reuters) ? Skim the most recent round of inflation reports, and you?ll get a real ?don?t worry, be happy? sense of the world.
Both producer and consumer prices fell in September, and gas prices declined 22 percent, according to government...
DATE: Oct 21, 2006
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