49296 results returned for search: "" category ("Other" AND "Business")
IPC Holdings faces paying a $50 million fee if its board decides to pull out of the planned merger with fellow Bermuda re/insurer Max Capital before shareholders have had a chance to vote on it.
The amalgamation deal, announced a month ago, has come ...
DATE: Apr 02, 2009
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Offshore financial centres are being made scapegoats for the global financial crisis, Shadow Finance Minister Bob Richards said yesterday.
Leaders of the world's major economies meet at the G20 summit in London today, having already promised some kin...
DATE: Apr 02, 2009
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) — Plans to limit leverage, risk and pay at the world's biggest financial-services firms will apply to hedge funds as well as to banks, the chairman of the Financial Stability Forum said yesterday.
The proposals will apply to compan...
DATE: Apr 02, 2009
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LONDON (AP) — Laid-off workers at car-parts maker Visteon's three closed British factories mounted protests yesterday in hopes of winning better pay-offs and pension guarantees — and even a possible bailout from US motor giant Ford.
Workers at two En...
DATE: Apr 02, 2009
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LONDON (AP) — Tom McKillop, former chairman of the Royal Bank of Scotland, has decided to retire from the board of BP PLC, the oil company said yesterday.
McKillop has been embroiled in the political and public controversy over the £703,000 ($1 milli...
DATE: Apr 02, 2009
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LONDON (AP) — Marks & Spencer Group PLC, Britain's largest clothing retailer, yesterday reported that fourth quarter sales rose 1.9 percent despite a drop of 4.2 percent in its home market.
The company said gross sales in Britain were down 0.3 percen...
DATE: Apr 01, 2009
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Marshall Diel & Myers, Barristers and Attorneys has announced that Adam Richards has joined the firm as a senior associate in the litigation department, specialising in matrimonial and family matters.
Mr. Richards obtained his law degree from Cardiff...
DATE: Apr 01, 2009
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MediaHouse Ltd. saw its profits rise by almost $250,000 during 2008, despite difficult economic conditions.
The company, which owns the Bermuda Sun, Island Press, Bermuda.com and Global Directories, which prints telephone directories across the Carib...
DATE: Apr 01, 2009
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NEW YORK (Bloomberg) — Validus Holdings Ltd. offered $1.7 billion in stock for IPC Holdings Ltd., threatening to derail IPC's combination with Max Capital Group Ltd. and raising the prospect of a bidding war among Bermuda-based reinsurers.
Validus bi...
DATE: Apr 01, 2009
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SAN FRANCISCO (AP) - I generally like the way Apple Inc.'s iTunes orchestrates my music collection, but sometimes it hits a wrong chord on the older and more eclectic CDs transferred to my computer.
That is why hundreds of songs in my iTunes library ...
DATE: Apr 01, 2009
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