49296 results returned for search: "" category ("Other" AND "Business")
The board of IPC Holdings has rejected a sweetened offer from its determined suitor and fellow Bermuda reinsurer Validus Holdings Ltd.
IPC urged its shareholders not to sell their stock to Validus, which has mounted a $1.69 billion hostile takeover b...
DATE: May 22, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd., the futures and options broker, took a $79.9 million non-cash charge against earnings, resulting in a wider quarterly net loss.
The fiscal fourth-quarter net loss expanded to $111.7 million, or 98 ...
DATE: May 22, 2009
|
CATEGORY:
Other
|
TORONTO (Reuters) - Toronto's main stock market index fell yesterday after a two-day rally as a drop in oil prices from six-month highs pressured energy shares.
Oil fell to settle at $61.05 a barrel from Wednesday's half-year high above $62 as signs ...
DATE: May 22, 2009
|
CATEGORY:
Other
|
SAN FRANCISCO (MarketWatch) - The financial storm ravaging the insurance industry has left it more vulnerable to real storms that may hit the US during this year's Atlantic hurricane season.
The National Oceanic and Atmospheric Administration's Weath...
DATE: May 22, 2009
|
CATEGORY:
Other
|
BRIDGEHAMPTON, New York (AP) — The good news is there are bargains to be had in the Hamptons real estate market. The bad news as Memorial Day beckons, is you will still need deep pockets, aka millions, to get in the game.
Eastern Long Island's summer...
DATE: May 22, 2009
|
CATEGORY:
Other
|
Troncossi Public Relations, one of Bermuda's leading public relations consultancies has appointed Alison Hicks as a public relations consultant.
In her new role, Miss Hicks will be responsible for advising on communication challenges, managing potent...
DATE: May 22, 2009
|
CATEGORY:
Other
|
WASHINGTON (AP) — The Treasury Department said yesterday it is providing auto lender GMAC with $7.5 billion in fresh aid to enable it to make new loans for General Motors Corp. and Chrysler LLC vehicles.
The department said the investment will help p...
DATE: May 22, 2009
|
CATEGORY:
Other
|
LONDON (AP) — Pringles' tax status has been crunched by a trio of British judges.
The Court of Appeal judges decided that the snack is a potato chip — and that means it's liable for Britain's value added tax. In Britain, most food isn't subject to th...
DATE: May 22, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Former Federal Reserve Chairman Alan Greenspan signalled that the financial crisis has yet to end even as borrowing costs tumble, warning that US banks must raise "large" amounts of money.
"There is still a very large unfunded ...
DATE: May 22, 2009
|
CATEGORY:
Other
|
LONDON (Reuters) - Britain risks losing its precious triple-A credit rating because of the danger that government debt may soar close to 100 percent of GDP, and uncertainty over policy before an election due by next year.
The pound tumbled three US c...
DATE: May 22, 2009
|
CATEGORY:
Other
|
