76472 results returned for search: "" category "Business"
NEW YORK (Dow Jones/AP) ? Refco Inc. on Wednesday won permission to pay more than $655 million to a group of lenders that helped underwrite the company?s initial public offering in August 2005, just months before an accounting scandal precipitated th...
DATE: Sep 29, 2006
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US industrial giant General Electric Co. is accused of avoiding paying $62 million in taxes in the 1990s by shifting about $310 million in income from leases on old airplanes to a pair of Dutch banks via a Bermuda-based partnership called Castle Harb...
DATE: Sep 29, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 40.96 points yesterday to close at 4,944.41.
On a quiet day on the Exchange, Butterfield Bank fell 75 cents to close at $56.75 as investors traded in 1,817 shares.
The only other activity on the Exc...
DATE: Sep 29, 2006
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Weekend warriors and athletes can now find a haven at Daniel Morgan's expanded physiotherapy practice Performance Rehab Ltd.
Since opening Performance Rehab in July, 2005, Mr. Morgan has been involved in providing an extensive variety of physiotherap...
DATE: Sep 29, 2006
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HONG KONG (Bloomberg) ? Mandarin Oriental International Ltd. today reopened its 43-year-old Hong Kong flagship hotel after a $140 million facelift that added entertainment systems compliant with iPods and bigger bathrooms now common at its rivals.
Th...
DATE: Sep 29, 2006
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The Phoenix Group expects to have a new store in the defunct HA&E Smith's building open by November.
The owners of the HA&E Smith's building have leased the entire Front Street property to the Phoenix Group.
A Phoenix spokesperson this week declined ...
DATE: Sep 29, 2006
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WRITS
Ronelle Holloway and Gddie Pyfrom against Ronald P. Smith.
In the matter of an application for an interim injunction in the matter of the International Child Abduction Act 1998 in the matter of the Children Act 1998 as amended in 2002 in the ma...
DATE: Sep 29, 2006
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LONDON (Reuters) ? The Lloyd?s of London insurance market said first-half pretax profits dipped to ?1.35 billion ($2.6 billion), but it was positive on the full year.
Earnings eased from ?1.38 billion a year earlier as a 20 percent rise in underwriti...
DATE: Sep 28, 2006
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As the year 2000 drew to a close, senior executives at leading Bermuda reinsurer RenaissanceRe were faced with a problem ? a series of lucrative reinsurance contracts were coming to an end and were unlikely to be renewed on the same favourable terms....
DATE: Sep 28, 2006
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Smoothing earnings: Regulators like New York Attorney General Eliot Spitzer have asked whether some "finite insurance" policies, in which the buyer has its premium payments refunded, are really loans used to "smooth earnings" by shifting profits from...
DATE: Sep 28, 2006
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