76472 results returned for search: "" category "Business"
LONDON (Bloomberg) ? American International Group Inc. and a team of investors agreed to buy London City Airport, taking control of the terminal serving the UK capital?s financial district in anticipation of a surge in air travel. Terms weren?t discl...
DATE: Oct 12, 2006
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NEW YORK ? Consolidation among US health insurers will heat up next year as companies have largely finished integrating past acquisitions and new deals can help cut costs and generate members, according to an industry analyst.
CIBC analyst Carl McDon...
DATE: Oct 12, 2006
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Bermuda reinsurers were knocked yesterday when Citigroup cut its ratings on a number of sector leaders.
Hardest hit were Renaissance Re and Axis Capital, which were cut to sell from hold, with Citigroup saying of RenRe that while the company stands t...
DATE: Oct 12, 2006
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Global stock markets have extended their run from September into October and risk appetite remains high. There seems to be considerable confidence among equity investors that monetary policymakers will be successful in their endeavour to dampen infla...
DATE: Oct 11, 2006
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Farewell European fashions and Aston & Gunn. Hello international styles and David Winston.
Clothes shop chain TESS Ltd. is counting on a change of name and a style to turn around the men?s store on the corner of Reid and Queen Streets.
TESS, whose fl...
DATE: Oct 11, 2006
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XL Capital has asked a Birmingham, Alabama court to rule on whether it is permissible for it to pay the legal fees of executives of a bankrupt insurance company against lawsuits.
The Birmingham News reported that XL said in a filing last week with US...
DATE: Oct 11, 2006
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NEW YORK (Bloomberg) ? Bonds of Sea Containers Ltd., the operator of high-speed rail lines in the UK, tumbled ahead of a $115 million debt maturity the company has said it might not be able to make.
The company?s $115 million of 10.75 percent notes d...
DATE: Oct 11, 2006
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NEW YORK (Bloomberg) ? Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, agreed to buy Geith International to boost its offerings of industrial attachments for machines used in construction and excavation.
Founded...
DATE: Oct 11, 2006
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Bank of Bermuda employees are getting ready for their big bang ? the launch of the HSBC subsidiary?s new $30 million electronic banking system, which is die to take effect on Monday.
The new system will convert all of the Bank?s online banking servic...
DATE: Oct 11, 2006
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I must take a moment to thank people (yes, again) for their fantastic feedback ? it is this feedback that keeps this column thriving. I?m going to answer some of the questions I get sent here ? please note: I do endeavour to answer any and all techni...
DATE: Oct 11, 2006
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