49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - Toronto's main stock index rose yesterday, struggling up from a 1.7 percent drop earlier in the day, boosted partly by strength in the resource-laden materials sector.
The rally came in the last half hour of the trading day. Analy...
DATE: Feb 13, 2009
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Insurer Axis Capital Holdings Ltd. is offering a scholarship that includes a commitment to employ successful applicants for a minimum of one year.
The scholarship is worth $25,000 a year to a Bermudian student entering either the junior or senior yea...
DATE: Feb 13, 2009
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) — Richard Branson's Virgin Atlantic Airways Ltd. and discount carrier Ryanair Holdings Plc will cut as many as 800 jobs as the recession stifles demand for travel.
Virgin may eliminate 600 posts across its business, the Crawley, En...
DATE: Feb 13, 2009
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LONDON (Bloomberg) — Bermuda-based Catlin Group Plc, owner of the largest insurance unit at Lloyd's of London, will raise £200 million ($288 million) in a rights offering to boost underwriting capacity.
Shareholders will be offered two shares for eve...
DATE: Feb 13, 2009
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CHARLOTTE (AP) — Insurance brokerage Marsh & McLennan Cos. yesterday said its profit slipped six percent in the fourth quarter, indicating it is weathering the financial crisis better than some of the other big insurance brokers.
But the company, led...
DATE: Feb 12, 2009
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MAX CAPITAL Q4
REPORT CARD
Net income: Loss of $94.1 million compared to profit of $62.4 million in 2007
Combined ratio: 99.6 percent compared to 94.9 percent in 2007
Gross premiums written: $372.1 million compared to $400.2 million in 2007
Max Capit...
DATE: Feb 12, 2009
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The rate of inflation hit 4.9 percent for December 2008 compared to the previous year with consumers continuing to feel the economic pinch, as borne out by the latest statistics released by Government.
And the average rate of inflation for the year w...
DATE: Feb 12, 2009
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NEW YORK (Bloomberg) — Ingersoll-Rand Co. posted a fourth-quarter profit that beat analysts' projections, excluding some costs and an impairment charge, and said 2009 earnings will fall in line with estimates. The shares soared 13 percent.
The compan...
DATE: Feb 12, 2009
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LONDON (Reuters) - A top British financial regulator accused of ignoring risk warnings quit yesterday as politicians grilled leading bankers over the integrity of the financial system and the size of their pay packets.
James Crosby, the former chief ...
DATE: Feb 12, 2009
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TORONTO (Reuters) - Toronto's main stock index fell yesterday, dragged lower by the information technology sector as shares of Research In Motion (RIM) dropped on a profit warning.
The slide in technology stocks, down 5.4 percent, overcame strength i...
DATE: Feb 12, 2009
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