76504 results returned for search: "" category "Business"
TORONTO (Bloomberg) BCE Inc., Canada?s biggest phone company, agreed to buy assets from 360networks Corp. for C$275 million ($201 million) to help it win customers from rivals such as Telus Corp. in Western Canada.
The transaction will give BCE a fi...
DATE: May 27, 2004
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OSLO (Bloomberg) ? Frontline Ltd., the world?s biggest operator of oil tankers by capacity, plans to give existing owners about 25 percent of its Ship Finance International Ltd. unit, which is slated to start trading in New York next month.
The Bermu...
DATE: May 27, 2004
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Bermuda-based Pangea Holdings Ltd. will pay $53.4 million for Spiegel Inc.?s catalogue business, Bloomberg News reported.
Pangea, which earlier this month bought Spiegel unit Newport News, will pay $2 million in cash, honour an estimated $22 million ...
DATE: May 27, 2004
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Bermuda?s public and private sectors yesterday heard that they must work together well before a disaster hits if they hope to be in a position to successfully weather catastrophes.
This was the message as the Institute of Directors and KPMG jointly h...
DATE: May 27, 2004
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NEWYORK (Bloomberg) Swiss Reinsurance Co., the world's second-largest reinsurer, had its credit ratings cut by Moody's Investors Service on concern that prices for some policies may have peaked.
Moody's lowered Swiss Re's senior debt and financial st...
DATE: May 27, 2004
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Ratings agency A.M. Best Co. on Tuesday said Bermuda-based Endurance Specialty Insurance Ltd.'s financial strength rating of A (Excellent) would not be affected by its decision to buy back 2 million shares from an original investor.
Endurance said on...
DATE: May 27, 2004
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Bermuda-based BCS Investments Limited this week reported earnings just above $3,000 compared to stiff losses verging on $60,000 during the previous period.
BCS Investments Limited said its income, after it sold off most of the operation last year, wa...
DATE: May 27, 2004
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Writs:
• A writ has been filed by LeRoy G. Bean against Gary Cann.
• A writ has been filed in the matter of an application by Lonnie Eugene Trott against the Parole Board, the Commissioner of Prisons and the Minister of Health and Social Services.
• ...
DATE: May 26, 2004
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Insurer Alea Group (Bermuda) Ltd. yesterday had its financial strength rating of A- (Excellent) affirmed by ratings agency A.M. Best., which predicted the company was likely to increase premium income by a further 20 percent in 2004 to approximately ...
DATE: May 26, 2004
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An Oregon-based currency trader has been indicted on numerous counts of mail fraud, wire fraud and money laundering after allegations that his company swindled investors and funnelled funds, that should have been invested, through numerous offshore b...
DATE: May 26, 2004
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