49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based business insurer XL Capital Ltd. yesterday had its financial strength rating of A (excellent) affirmed by AM Best.
The company has managed to pull itself from the mire following last year's net loss of more than $2.6 billion and AM Best...
DATE: Sep 10, 2009
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Shareholders of Bermuda-based life reinsurer Annuity and Life Re Holdings Ltd. yesterday overwhelmingly approved an amalgamation of the company with Pope Ltd.
More than 77 percent of shareholders voted at yesterday's special meeting in Hamilton and m...
DATE: Sep 10, 2009
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The deep global recession from which we are currently recovering came as a surprise to the majority of Wall Street analysts, as well as central bankers and academic economists. It is not too difficult to nail them to the wall, because their assertion...
DATE: Sep 10, 2009
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The outage of Google's Gmail last month and on September 1 should be wake-up calls to business people who depend on the service. Many were unable to access their accounts for up to two to three hours.
The September 1 shutdown, due to a glitch when th...
DATE: Sep 09, 2009
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ZURICH/NEW YORK (Reuters) - Kraft is the most logical buyer for British chocolate firm Cadbury, but the US rival will remain "financially disciplined", one of the company's executives said yesterday.
"The simple fact is that Cadbury is worth what som...
DATE: Sep 09, 2009
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Bermuda-based online payment solutions specialist First Atlantic Commerce (FAC) has teamed up with a Mexican company to help cut down credit card fraud in the Central American country.
FAC will provide Mercadotecnia Ideas y Tecnología (MITec), a lead...
DATE: Sep 09, 2009
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LONDON (AP) — Deutsche Telekom AG and France Telecom SA said yesterday they intend to combine their British mobile phone units — shaking up the country's intensely competitive market and forming the country's biggest mobile operator.
Deutsche Telekom...
DATE: Sep 09, 2009
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LONDON (Reuters) - Britain will need to cut spending when the economy fully recovers, finance minister Alistair Darling said yesterday without spelling out where the axe would fall.
Instead, Darling said there was still a role for targeted investment...
DATE: Sep 09, 2009
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It was a quiet day of trading on the Bermuda Stock Exchange (BSX) yesterday following the Labour Day holiday.
Butterfield Bank was the only domestic issuer to trade, with 5,540 shares changing hands, as the share price remained unchanged on $5.
The R...
DATE: Sep 09, 2009
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NEW YORK (Bloomberg) — Lawyers for investors who won a $586 million settlement from banks such as Morgan Stanley and Credit Suisse Group AG in a lawsuit over initial public offerings of technology stocks want $245 million for themselves.
The plaintif...
DATE: Sep 09, 2009
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