76472 results returned for search: "" category "Business"
(Bloomberg) ? Bermuda-registered Nelson Resources Ltd., an oil producer being acquired by OAO Lukoil for as much as $2 billion, is under investigation by Ontario regulators for trades that occurred before the takeover announcement, Nelson Resources s...
DATE: Oct 27, 2005
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Masters Limited yesterday credited an 11 percent improvement in sales from its retail division for a jump in net income for the first six months of the year.
The company?s net for the period ending July 31 was $1,008,409 compared to $896,969 for the ...
DATE: Oct 27, 2005
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IPC Holdings Ltd., a Bermuda property-catastrophe reinsurer, on Tuesday night said it sustained a net loss of $656.6 million in the third quarter, after more than $850 million in losses from natural catastrophes, particularly Hurricane Katrina.
IPC ?...
DATE: Oct 27, 2005
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TORONTO (Bloomberg) ? Fairmont Hotels & Resorts Inc., which runs luxury hotels including The Savoy in London, posted a 48 percent drop in quarterly profit and lowered its 2005 earnings forecast because of a decline in tourists to resorts in Bermuda a...
DATE: Oct 27, 2005
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NEW YORK (Reuters) ? A seventh group emerged as a possible bidder for Refco Inc.?s futures brokerage business, extending the list of suitors pursuing the struggling firm that filed for bankruptcy last week amid a debt scandal.
Refco does business in ...
DATE: Oct 27, 2005
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged at 3,774 yesterday as a quiet day saw no trading on the exchange.
DATE: Oct 27, 2005
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Susan Rivera, ACE Limited?s most senior female executive until being pushed out early in the year amid a regulatory probe, is lending a hand to fledgling Bermuda insurance company Quanta Capital Holdings Ltd.
A Quanta spokesperson confirmed Mrs. Rive...
DATE: Oct 27, 2005
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ACE Ltd. chief executive officer Evan Greenberg said Hurricane Katrina will be a ?market changing event? triggering price increases on certain liability insurance as well as property policies.
?Ultimately the effect of these events will be felt world...
DATE: Oct 27, 2005
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If you didn't know it already, Adobe Acrobat's PDF format has conquered the world.
The PDF (portable document format) is one of the best means of passing documents around the Internet via e-mail or for download.
It's easy to read with Adobe's free re...
DATE: Oct 26, 2005
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AUTHOR:
Ahmed Elamin
ACE Ltd., a Bermuda-based property and casualty insurer, had a third-quarter net loss of $112 million on claims from Hurricanes Katrina and Rita. The loss of 43 cents a share compares with a loss of 3 cents a share a year ago, ACE said in a statement...
DATE: Oct 26, 2005
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