49296 results returned for search: "" category ("Other" AND "Business")
Enstar Group Limited announced today that on June 15, 2009 it received a letter from the Nasdaq Listing Qualifications Department indicating that Enstar now complies with the independent director requirements for continued listing on Nasdaq.
The lett...
DATE: Jun 18, 2009
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WASHINGTON (Reuters) - President Barack Obama laid out his vision for reshaping US financial regulation yesterday, aiming to tighten oversight of large firms whose excessive risk-taking triggered a global economic slump.
The proposals, under developm...
DATE: Jun 18, 2009
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NEW YORK (Bloomberg) — Gulf Keystone Petroleum Ltd., an explorer in Algeria and Kurdistan, said its full-year net loss widened last year on lower oil prices and an impairment charge.
The loss widened to $59 million from $29.9 million in 2007, the Ber...
DATE: Jun 18, 2009
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Kentucky Fried Chicken Bermuda Ltd. dropped 50 cents (8.3 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The fast food franchise closed the day at $5.50, with 5,064 shares traded.
The only other traders were Belco Holding...
DATE: Jun 18, 2009
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NEW YORK (Bloomberg) — RenaissanceRe Holdings Ltd., the Bermuda-based reinsurer, will pay incoming chief financial officer Jeffrey Kelly an annual base salary of $525,000.
Kelly, 55, will be eligible for a target annual cash bonus of $577,500 and a t...
DATE: Jun 18, 2009
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It's a plot better suited for a John Le Carre novel. Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of US bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global r...
DATE: Jun 18, 2009
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WASHINGTON (Bloomberg) — A House subcommittee chairman called for greater US oversight of the insurance industry and said the federal government should regulate specific types of lending that pose systemic risk.
Representative Paul Kanjorski, a Penns...
DATE: Jun 18, 2009
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A group of US insurers has tried to rebut claims that a proposed change in US tax law would cost American consumers billions of dollars in increased insurance premiums.
The Coalition for a Domestic Insurance Industry claimed the Brattle Group report,...
DATE: Jun 18, 2009
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AUTHOR:
Jonathan Kent
PricewaterhouseCoopers yesterday announced the admission of Arthur Wightman to the partnership effective July 1, 2009.
The Briton has more than 11 years of professional services experience with PwC.
Initially in London, he joined the Bermuda firm in ...
DATE: Jun 18, 2009
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LONDON - Britain's blue chip share index ended down 1.16 percent, as confidence of a quick global economic recovery ebbed, with commodity stocks down on weaker raw material prices but drugmakers and telecoms gaining. The FTSE 100 closed 50.11 points ...
DATE: Jun 18, 2009
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