49296 results returned for search: "" category ("Other" AND "Business")
SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc. chief executive Steve Jobs was at the company's headquarters on Monday, underscoring speculation the pancreatic cancer survivor may have returned to work.
Mr. Jobs, who has been on medical leave since Jan...
DATE: Jun 24, 2009
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NEW YORK (Reuters) - Tyco Electronics Ltd said yesterday its shareholders have approved the company's reincorporation from Bermuda to Switzerland, three months after shareholders at former parent Tyco International Ltd approved a similar move.
The ch...
DATE: Jun 24, 2009
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NEW YORK (Reuters) - American International Group Inc agreed to sell two downtown Manhattan buildings, including its headquarters, for a total of $150 million, a source familiar with the matter said.
The two buildings, which are located at 70 Pine St...
DATE: Jun 24, 2009
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LOS ANGELES (AP) - Social-networking site MySpace said yesterday that it will cut 300 international positions and close at least four offices outside the US as it looks to cut costs and narrow its territory coverage.
The move comes a week after the c...
DATE: Jun 24, 2009
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The board of Bermuda-based reinsurer IPC Holdings Ltd. remains opposed to Validus Holdings Ltd.’s takeover offer and is negotiating with other potential suitors.
Yesterday, IPC said it had made some progress in discussions with Validus, but added its...
DATE: Jun 24, 2009
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AUTHOR:
Jonathan Kent
There was no change on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Index opened and closed the day on 2,363.23, with no shares traded.
The BSX Insurance Index finished up 5.52 points (0.69 percent) at 794.29.
DATE: Jun 24, 2009
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Bermuda-based insurer Ironshore Insurance yesterday announced equity financing worth up to $300 million to help support its expansion.
Private-equity firm GTCR Golder Rauner LLC has committed to buy $200 million of newly issued Ironshore equity, with...
DATE: Jun 24, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based Ship Finance International Ltd. has promoted Ole Hjertaker as the new CEO of its management company.
Mr. Hjertaker is currently serving as chief financial officer of the company, a role he has performed since 2006, and will assume his n...
DATE: Jun 24, 2009
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The worst part of the credit crisis is over, but there is still a long way to go before the market makes a full recovery.
That is the view of Andrew Baron, senior portfolio manager for fixed income at Butterfield Asset Management Ltd., who was speaki...
DATE: Jun 24, 2009
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NEW YORK (Bloomberg) — Bjorn Moller, chief executive officer of Bermuda-based shipowner Teekay Corp., expects rates to transport oil to be weak until the Organisation of Petroleum Exporting Countries, which pumps about 40 percent of the world's crude...
DATE: Jun 24, 2009
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