49296 results returned for search: "" category ("Other" AND "Business")
Axis Capital Holdings Ltd. announced today that former Bowring Marsh CEO Mark Gregory will join Axis Insurance in London as chief executive officer of International Specialty Lines and branch manager of Axis Specialty London
He will take over the job...
DATE: Oct 08, 2009
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New construction work has "slowed to a trickle" and some architects offices are operating on a four-day week as the construction industry starts to feel the pain of economic slowdown.
That is the view of Alex DeCouto, president of the Construction As...
DATE: Oct 08, 2009
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AUTHOR:
Jonathan Kent
DALLAS (Bloomberg) — The US Securities and Exchange Commission told a federal court in Texas it is appealing the dismissal of its lawsuit accusing Mark Cuban, the billionaire owner of the Dallas Mavericks, of insider trading.
The regulator filed a no...
DATE: Oct 08, 2009
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Butterfield Bank's preference shares dropped $25 (two percent) on The Bermuda Stock Exchange (BSX) yesterday.
A total of 103 shares were traded as the stock closed at $1,225 per share.
The bank's common shares also fell five cents (one percent) to $4...
DATE: Oct 08, 2009
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The amount of claims resulting from the Madoff Ponzi scheme scam and sub-prime crisis could be on the rise considerably as investors try and claw their money back, if recent trends are anything to go by — according to a legal expert.
Eric Scheiner, p...
DATE: Oct 08, 2009
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LONDON (AP) — The chairman of banking group HSBC says bankers owe the world an apology.
Stephen Green, speaking in an interview with BBC television broadcast yesterday, said the world cannot do without banks, but that bankers need to learn the lesson...
DATE: Oct 08, 2009
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A new $23.8 billion company that will be a major player in emerging economies' telecommunications has incorprorated in Bermuda.
VimpelCom Ltd., whose headquarters will be in the Netherlands, operates in Russia, Ukraine, Georgia and Centra Asia, as we...
DATE: Oct 08, 2009
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CATEGORY:
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AUTHOR:
Jonathan Kent
LONDON - Britain's leading shares closed lower as falls in oil majors and food retailers offset gains in insurers, while the start of the earnings season later in the US is seen giving fresh direction to equities.
The FTSE 100 closed down 29.08 point...
DATE: Oct 08, 2009
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hong kong (Bloomberg) — Asian hedge funds will attract a "wave" of new money that could more than double the industry's assets from its peak of $250 billion as the region leads the world's emergence from the deepest recession since World War II, acco...
DATE: Oct 08, 2009
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NEW YORK (AP) - Investors waiting for earnings reports to start rolling in held to modest moves after a two-day spike in stocks.
Stocks ended narrowly mixed yesterday as financial and energy stocks rose, while industrial, material and technology stoc...
DATE: Oct 08, 2009
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