49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — Spanish police arrested six people tied to a $600 million fraud committed at Langbar International Ltd., a Bermuda-based investment company that has been under investigation in the UK since 2005.
The arrests followed a request by...
DATE: Jan 30, 2009
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NEW YORK (Bloomberg) — Royal Caribbean Cruises Ltd., the world's second-largest cruise operator, said fourth-quarter profit plunged 98 percent because of a demand slump and projected 2009 earnings below analysts' estimates.
Net income dropped to $1.4...
DATE: Jan 30, 2009
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Former RenaissanceRe chief executive officer James Stanard has been fined $100,000 by a New York civil court for his part in an alleged "sham transaction" to smooth company earnings.
Judge Gerard Lynch, of the United States District Court for the Sou...
DATE: Jan 30, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based Renaissance Reinsurance Ltd. (RenRe) and Renaissance Reinsurance of Europe (Dublin, Ireland) have been affirmed the financial strength rating (FSR) of A+ (superior) and issuer credit ratings (ICR) of "aa-" by AM Best Co.
Best has also a...
DATE: Jan 30, 2009
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LONDON (AP) — Several hundred people protested yesterday after Italian and Portuguese workers arrived at a refinery project in northern England.
About 800 people demonstrated peacefully near Total's Lindsey Oil Refinery in North Killinghome, in Linco...
DATE: Jan 30, 2009
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Rents being asked for high-end properties have fallen by between 10 and 30 percent, as the number of people seeking such accommodation falls.
Buddy Rego, of Rego Sotheby's International Ltd., said properties in the $5,000-plus per month range had see...
DATE: Jan 30, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - High-end property and casualty insurer Chubb Corp. said yesterday its net income fell 37 percent in the fourth quarter, hurt by investment losses.
The company forecast operating income in 2009 of $4.80 to $5.20 a share, below ana...
DATE: Jan 30, 2009
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Students will be able to learn the latest IT and software programmes skills in state-of-the-art surroundings after Media Tek Ltd. set up a new training centre in Hamilton.
The new facility, which is based in the Brown-Brangman Building at 66 King Str...
DATE: Jan 30, 2009
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Argus Group Holdings Ltd. dropped 20 cents (2.1 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance company closed the day at $9.30, with 200 shares changing hands.
Insurance, in general, was a busy sector, with ...
DATE: Jan 30, 2009
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From popcorn to the latest clothes fashions — you name it, the chances are Demeka Tacklyn does it.
For the budding young entrepreneur, who has been running her own popcorn business called Demeka's Popcorn for several years, has just opened her latest...
DATE: Jan 29, 2009
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