76472 results returned for search: "" category "Business"
Appleby Spurling Hunter, a Bermuda law firm specialising in commercial matters, is merging with Jersey firm Bailhache Labesse, expanding its reach into a fourth offshore centre, as it tries to reach its goal of becoming the top offshore law firm.
The...
DATE: Jun 01, 2006
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NEW YORK (Bloomberg) ? Royal Caribbean Cruises Ltd., the world?s second-largest cruise operator, plans to buy back about 4.1 million shares to redeem debt. The stock rose 4.7 percent, the biggest gain in four months.
The repurchased shares comprise t...
DATE: Jun 01, 2006
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MIAMI (Reuters) ? A noted US storm forecaster predicted yesterday the Atlantic season will see nine hurricanes and said there was an 82 percent chance the US East Coast would be hit by a big one, far above average but not as busy as last year?s recor...
DATE: Jun 01, 2006
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Max Re shares jumped almost ten percent yesterday as investors greeted the news that a restatement of five years of earnings will reduce income by $14.8 million, far less than the $50 million cut initially projected.
Bermuda-based Max Re, a reinsurer...
DATE: Jun 01, 2006
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Bank of Bermuda opened its newly renovated Church Street branch yesterday, although the branch?s banking floor has been temporarily relocated to the second floor of the facility.
The bank?s ground floor branch and the surrounding area are currently u...
DATE: Jun 01, 2006
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Michael Cherkasky, chief executive of Marsh & McLennan, the world's largest insurance brokerage, says the company has worked hard to maintain its lead in the face of legal woes, and he's conscious the firm's lead over rival brokers isn't assured.
"I...
DATE: Jun 01, 2006
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TORONTO (Bloomberg) ? Ace Ltd. has lost a legal bid to block a payout by-ex-Hollinger International Inc. directors to minority shareholders.
American Home Assurance Co., a unit of American International Group Inc., and Chubb Corp. were told by a Cana...
DATE: Jun 01, 2006
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The Ocean View Golf Course restaurant closed its doors yesterday following a decision by Flying Chef Catering Service to cancel its contract to run the restaurant.
Flying Chef owner Sarah Masters said: ?It wasn?t feasible for us to operate the restau...
DATE: Jun 01, 2006
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Former Speaker of the US House of Representatives Newt Gingrich has called for the repeal of a new law that dramatically hikes taxes on US expatriates living and working abroad. He also said American companies should join him in speaking out against ...
DATE: Jun 01, 2006
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Allied World Assurance Holdings, a Bermuda-based insurance group that is poised for a public offering, saw earnings rise 52 percent in the first quarter, as underwriting profitability and investment income grew.
Net income for the first three months ...
DATE: Jun 01, 2006
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