76492 results returned for search: "" category "Business"
Last year, as oil prices trended higher, there was a reasonable expectation that a downward adjustment was due in 2005 based on the forecast of a slowdown in economic growth.
Well, prices did fall substantially in the final two months of 2004, but re...
DATE: Mar 16, 2005
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LONDON (Reuters) ? The Lloyd's of London insurance market said it had agreed a settlement with six insurers over cover for its central fund, which will cut its 2004 pretax profit by 323 million ($621 million).
Lloyd's said Swiss Re, St Paul, Hannover...
DATE: Mar 15, 2005
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WASHINGTON (Dow Jones/AP) ? If a rising tide lifts all boats, then the marine shipping industry is certainly benefiting from a confluence of high demand for its services and a swelling initial public offering market.
The marine transportation industr...
DATE: Mar 15, 2005
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Canadian direct investment assets in top ten offshore financial centres and their rank in countries in which Canadian enterprises invested in 2003:
Country Investment (millions of $) Rank
Barbados 24,690 3
Ireland (Dublin) 18,226 4
Bermuda 10,845 6
C...
DATE: Mar 15, 2005
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Axis Capital Holdings Ltd. yesterday became the latest insurer to boost its dividend and announce a share repurchase programme.
Axis said it had increased its quarterly dividend 20 percent to 15 cents per shares and approved the additional repurchase...
DATE: Mar 15, 2005
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(Bloomberg) A lawyer for Tyco International Ltd. testified at the fraud trial of the company?s former chief executive and finance chief that she was never told about millions of dollars in forgiven loans for the two executives.
The statement by atto...
DATE: Mar 15, 2005
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Canadian enterprises had direct investments of $10 billion in Bermuda in 2003, according to a study released by the Canadian government yesterday.
The investments meant that Bermuda was the sixth most popular destination in the world for Canadian for...
DATE: Mar 15, 2005
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The Royal Gazette/Bermuda Stock Exchange went unchanged yesterday to close at 3,263.41 with only two companies' stocks selling.
Butterfield Bank closed unchanged at $42 on a volume of 6,272 shares and 200 Argus Insurance shares sold ? unchanged from ...
DATE: Mar 15, 2005
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(Bloomberg) American International Group Inc.?s Maurice ?Hank? Greenberg, who has run the world?s largest insurer for almost four decades, retired as chief executive amid probes of potential earnings manipulation and bid-rigging, the Wall Street Jou...
DATE: Mar 15, 2005
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The US State Department's International Narcotics Control Strategy Report recommends that Bermuda strengthen regulations to combat money laundering and terrorism finance.
The online article said countries like Bermuda remained vulnerable to this type...
DATE: Mar 14, 2005
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