76472 results returned for search: "" category "Business"
NEW YORK (Reuters) ? A state judge said on Friday he would decide today whether to halt the release of an American International Group Inc. report that uncovered accounting fraud at the insurer as a federal prosecutor had requested.
Last week, Paul M...
DATE: Mar 06, 2006
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One week before telling investors its financial woes had reached the point of jeopardising the insurer?s future, Quanta Capital Holdings directors voted themselves a 33 percent increase in fees, a regulatory filing lodged last Wednesday shows.
Direct...
DATE: Mar 06, 2006
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OMAHA, Nebraska (Bloomberg) ? Berkshire Hathaway Inc., the insurance and investment company run by billionaire Warren Buffett, said fourth-quarter earnings were little changed because of claims from a record hurricane season.
Buffett, 75, also said h...
DATE: Mar 06, 2006
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In a recent article by Adam Levy published in Bloomberg, neuroscientists and psychologists have made the startling discovery that a centre in our brains, the core of human desire, stimulated by food, drugs, and that other three letter word starting w...
DATE: Mar 04, 2006
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Over the years, I have written and had published any amount of inflammatory material, without few commenting, for or against. Now, a brief mention of mutual funds has kicked off the beginnings of what looks like being a firestorm. All I said was that...
DATE: Mar 04, 2006
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The Royal Gazette/Bermuda Stock Exchange Index reached an all time high yesterday gaining 24.26 points close at 4,466.72.
On a light day of trading Argus rose 50 cents to close at $14.50 as investors traded in 5,000 shares and Belco gained 90 cents t...
DATE: Mar 04, 2006
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LONDON (Reuters) ? Some reinsurers may go out of business if another string of major hurricanes this year leaves the industry nursing another huge claims bill as in 2005, Swiss Re?s chief executive said yesterday.
?If we have an unlucky year, it coul...
DATE: Mar 04, 2006
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Staff at Quanta Capital Holdings Ltd. were yesterday put on notice that their jobs could be on the line, after the company?s business prospects were hit by a ratings downgrade.
Chairman James Ritchie said the company will ?accelerate steps to reduce ...
DATE: Mar 03, 2006
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The Ministry of Works and Engineering and Housing will shortly roll out its new tendering process policy to assist small construction related companies.
Earlier this week Minister of Finance Paula Cox said that in consultation with the Ministry of Fi...
DATE: Mar 03, 2006
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Higher than expected fourth-quarter losses could force insurer Quanta Capital Holdings Ltd. to shut down parts of its business, or go up on the sales block, after a downgrade to its financial strength rating this week.
Ratings firm A.M. Best downgrad...
DATE: Mar 03, 2006
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