76472 results returned for search: "" category "Business"
Bermuda-based Bacardi Ltd. has lost out in a bid to buy the Mexican distiller of two leading tequila brands.
US distiller Brown-Forman Corp. said yesterday it had agreed to buy Casa Herradura, the maker of premium tequila bands Herradura and El Jimad...
DATE: Aug 29, 2006
|
CATEGORY:
Other
|
KeyTech shares jumped 50 cents to $16 as the telecommunications group, which has rejected a $17 a share bid by Cable & Wireless, saw 50,123 shares trade.
The trade pushed The Royal Gazette/Bermuda Stock Exchange Index up 5.9 points in otherwise quiet...
DATE: Aug 29, 2006
|
CATEGORY:
Other
|
The Bermuda subsidiary of a Canadian electric utility holdings company has bought the main power company in the Turks and Caicos Islands.
Fortis Inc. said yesterday that through its Fortis Energy (Bermuda) Ltd. unit it had bought all of the outstandi...
DATE: Aug 29, 2006
|
CATEGORY:
Other
|
Bermuda-based insurers' stocks improved yesterday as fears that Hurricane Ernesto would strike the US Gulf Coast receded.
Ernesto, which struck southern Cuba yesterday, was downgraded to a Tropical Storm, but is expected to brush by the southern tip ...
DATE: Aug 29, 2006
|
CATEGORY:
Other
|
(Bloomberg) ? The worldwide reinsurance industry will expand faster than the global economy as demand for insurance grows in emerging markets such as China, India and Brazil, said Inga Beale, chief executive of Converium Holding AG.
These countries s...
DATE: Aug 28, 2006
|
CATEGORY:
Other
|
NEW YORK (Reuters) ? Hurricane Katrina, which last year dashed hopes that the insurance industry could post an underwriting profit, may nonetheless have sown the seeds of recovery for one part of the industry: reinsurers.
Katrina, together with later...
DATE: Aug 28, 2006
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Index edged up 7.098 points last week to close at 4,907.6 points in active but mixed trading.
Butterfield Bank fell 50 cents to close at $59 on volume of 52,759 shares but its decline was offset by gains in utilities B...
DATE: Aug 28, 2006
|
CATEGORY:
Other
|
Newly formed Bermuda sidecar company Concord Re has entered into a quota-share agreement with American International Group subisidiary Lexington Insurance Co. for US commercial property business.
Business Insurance reported that Concord, which was li...
DATE: Aug 28, 2006
|
CATEGORY:
Other
|
A friend said an interesting thing to me this week about money, that at first I couldn't understand.
Having thought about it, I see that it his comment is the key that allows us to enter into another way of thinking about money. Let's call my friend ...
DATE: Aug 28, 2006
|
CATEGORY:
Other
|
Mutual funds are also here to stay. The mutual fund universe touts an estimated 85,000 or so available for sale to investors worldwide. They still constitute a large component of pension funds and investor portfolios of all sizes. In spite of negativ...
DATE: Aug 28, 2006
|
CATEGORY:
Other
|
