49296 results returned for search: "" category ("Other" AND "Business")
MUNICH (Bloomberg) - Munich Re, the world’s biggest reinsurer, reported a smaller-than-estimated third-quarter profit after it set aside money for future tax payments.
Net income was 644 million euros ($955 million) for the three months ended Sept. 3...
DATE: Nov 06, 2009
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Take a look down Par-la-Ville Road and you will see it is fast becoming a mecca for business in Bermuda.
The street already boasts the likes of Bermuda Commercial Bank, KPMG, Conyers Dill & Pearman, Aspen and Validus.
But with the two latest construc...
DATE: Nov 06, 2009
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Allied World Assurance Company Holdings Ltd. swung back to net income of $200.6 million for the third quarter of 2009 as it continued to expand its specialty insurance lines.
The company, which made a net loss of $46.4 million or 95 cents per share f...
DATE: Nov 06, 2009
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NEW YORK (AP) — Americans, looking to outfit themselves for cooler weather and enticed by an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of declines.
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DATE: Nov 06, 2009
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OSLO (Bloomberg) - Seadrill Ltd., the offshore drilling company founded by billionaire John Fredriksen, said third-quarter profit climbed more than four-fold as it booked a gain from an asset sale. The company declared a dividend.
Net income attribut...
DATE: Nov 06, 2009
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NEW YORK (AP) — Criminal charges have been filed against 14 people, including attorneys and Wall Street professionals, in a widening $53 million insider trading case that has already snared one of the richest men in America, federal prosecutors said ...
DATE: Nov 06, 2009
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Bermuda Container Line Ltd. rose 36.12 percent ($3.45) on The Bermuda Stock Exchange (BSX) yesterday.
The shipping company traded 2,000 shares to close at $13.
Elsewhere, the Ascendant Group Ltd. boosted its share price by 10.71 percent ($1.50) to $1...
DATE: Nov 06, 2009
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NEW YORK (Bloomberg) - A Credit Suisse Group AG official said the company is concerned that proposed legislation to crack down on offshore tax havens would hurt foreign investment in the US.
Tom Prevost, Credit Suisse tax director for the Americas, s...
DATE: Nov 06, 2009
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NEW YORK (Bloomberg) - Marsh & McLennan Cos., the second-biggest insurance broker, is capitalising on the recession by buying companies that would have been out of reach in better times, CEO Brian Duperreault said.
"The economic situation actually he...
DATE: Nov 06, 2009
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LONDON - Britain's top share index closed 0.4 percent higher, with energy stocks lifted by optimism on the economic outlook as central banks kept rates steady and US data surprised on the upside. The FTSE 100 closed at 5,125.64 points, up 17.75 or 0....
DATE: Nov 06, 2009
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