76499 results returned for search: "" category "Business"
(Bloomberg) ? American International Group Inc. and eight other investors will buy HK$4.45 billion ($572 million) of the shares in an initial public offering of the Hong Kong government?s first real estate investment trust next month.
American Intern...
DATE: Nov 25, 2004
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(Bloomberg) ? American International Group Inc., the world?s largest insurer, agreed to pay $126 million to settle allegations it helped clients such as PNC Financial Services Group Inc. inflate profit.
The accords with the US Securities and Exchange...
DATE: Nov 25, 2004
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The Apprentice concept made famous by Donald Trump?s television show has inspired a local company to create a fund-raising contest of the same name.
Internet Service Provider Logic Communications is encouraging its employees to give back to the commu...
DATE: Nov 25, 2004
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he fully automated car wash being built on the Serpentine Road property adjacent to the Bull's Head car park will be open by the middle of December according to owner Art Riviera. Mr. Riviera says that the fully automated drive through will wash ever...
DATE: Nov 25, 2004
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It was an active day of trading on The Royal Gazette/Bermuda Stock Exchange yesterday with the BSX losing 18.44 points to close at 3,163.08.
Financial sector stocks moved down, and jumps in some smaller companies' stocks were not enough to offset the...
DATE: Nov 25, 2004
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LONDON (Reuters) ? Reinsurer Alea became the first London-listed company to receive a subpoena in a widening US investigation into alleged malpractice in the insurance industry, sending its shares down more than 6 percent.
Bermuda-based Alea said tha...
DATE: Nov 25, 2004
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A Caribbean appeals court has segregated part of a $40 million security deposit from a Bermuda-registered fund that has come under scrutiny for its alleged links to money laundering and Russia?s telecom minister.
The ruling by the British Virgin Isla...
DATE: Nov 25, 2004
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NEW YORK (Bloomberg) ? Marsh & McLennan Cos., the insurance brokerage accused by New York Attorney General Eliot Spitzer of colluding with insurers to win more fees, had its credit rating cut one level to BBB by Standard & Poor's.
S&P lowered the sen...
DATE: Nov 24, 2004
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NEW YORK (Bloomberg) ? American International Group Inc., the world?s largest insurer, agreed to settle with federal regulators investigating transactions that may have let clients such as PNC Financial Services Group Inc. inflate profit.
The agreeme...
DATE: Nov 24, 2004
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Telecommunicationshas joined Appleby Spurling Hunter's Telecommunications, Technology and Intellectual Property Team. He has over 13 years legal experience working in London at Ashursts and Norton Rose. He also worked in the New York and London offic...
DATE: Nov 24, 2004
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