49296 results returned for search: "" category ("Other" AND "Business")
BERLIN/FRANKFURT (Reuters) - US carmaker General Motors has decided to sell Opel to a group led by Canadian car parts maker Magna, signalling an end to months of uncertainty for the European unit and its 50,000 workers.
The decision, announced after ...
DATE: Sep 11, 2009
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NEW YORK (Bloomberg) — Warren Buffett's Berkshire Hathaway Inc. is adding sales of insurance coverage on foreclosed homes and properties occupied by distressed borrowers to make money from banks burned by the mortgage-market collapse.
Berkshire follo...
DATE: Sep 10, 2009
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JOHANNESBURG (Bloomberg) — Bharti Airtel Ltd., India's biggest mobile-phone company, and South Africa's MTN Group Ltd. reached a $24 billion preliminary accord to buy each other's shares, the first step in a planned merger, three people familiar with...
DATE: Sep 10, 2009
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Bermuda-based beverages giant Bacardi Ltd. cemented its links with the Spanish seaside town of Sitges yesterday at the unveiling of a sculpture to honour the company's founder.
Don Facundo Bacardí Massó was one of Sitges' most distinguished citizens,...
DATE: Sep 10, 2009
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LONDON, Sept 09, 2009 /PRNewswire via COMTEX/ — Butterfield Fulcrum, a top five independent alternative fund administration company by assets under administration, has partnered with Risk Fundamentals, a financial software firm, to offer a new servic...
DATE: Sep 10, 2009
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Cooper Industries' transformation from a Bermudian company into an Irish one is complete.
The company completed the final stage in the process by gaining approval from the Supreme Court of Bermuda on Monday.
In a statement yesterday, chairman and c...
DATE: Sep 10, 2009
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NEW YORK (Bloomberg) — Microsoft Corp. chief financial officer Chris Liddell said "the worst is behind" and signalled the company expects software demand to recover next year.
The company sees "a lot more optimism" going into 2010, Liddell said at a ...
DATE: Sep 10, 2009
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NEW YORK (Reuters) - US state insurance regulators will hold a hearing this month to probe the role that rating agencies played in assessing insurers' credit-worthiness in light of the financial crisis. Credit rating agencies, insurers, pension funds...
DATE: Sep 10, 2009
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index was unchanged yesterday after no shares traded.
The index remains on 2,317.73, down 32 percent for the year to date.
The BSX Insurance Index of the Island's leading international insurance compan...
DATE: Sep 10, 2009
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Four senior underwriters and the interim chief executive officer of IPC Re have been told they will lose their jobs at the end of this year following the company's takeover by Validus Holdings Ltd., The Royal Gazette has learned.
A decision is still ...
DATE: Sep 10, 2009
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AUTHOR:
Jonathan Kent
