49296 results returned for search: "" category ("Other" AND "Business")
SINGAPORE (Bloomberg) - Logitech International SA, the biggest maker of computer mice, will cut 15 percent of its non-manufacturing jobs and withdrew its fiscal 2009 profit targets because of the deepening global recession.
The shares slumped the mos...
DATE: Jan 07, 2009
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new york (Bloomberg) — Insurance companies are spreading their risk to more firms as they shy away from poorly capitalised companies, said the head of the reinsurance unit at Aspen Insurance Holdings Ltd.
Insurers are dropping or scaling back coverag...
DATE: Jan 07, 2009
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Belco dropped 16.7 percent ($3) to $15, while West Hamilton Holdings Ltd. increased 10 percent ($1) to $11 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 2,000 shares, while West Hamilton Holdings saw ...
DATE: Jan 07, 2009
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SHANGHAI (Bloomberg) - Google Inc., owner of the world's most-used Internet search engine, won a lawsuit in China over its subsidiary's name and trademark in Chinese, ending an 18-month dispute with a local company.
Google China will be paid 100,000 ...
DATE: Jan 07, 2009
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Rates for property catastrophe reinsurance — a major industry in Bermuda — rose by around eight percent in January 1 renewals, according to global reinsurance broker Guy Carpenter & Company.
The industry had anticipated harder rates following high ca...
DATE: Jan 07, 2009
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AUTHOR:
Jonathan Kent
SAN FRANCISCO (Bloomberg) - Apple Inc. will offer all music sold through its iTunes music store without copy protection and will introduce variable pricing for tracks. Songs will cost 69 cents, 99 cents and $1.29 starting in April, with most albums p...
DATE: Jan 07, 2009
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Bermuda-based captive management experts the Quest Group of Companies (including Quest Management Services Ltd., Quest (SAC) Ltd. and Sentry Intermediaries Ltd.) has been taken over by London AIM-listed insurance service provider Randall & Quilter (R...
DATE: Jan 06, 2009
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The tax benefit for United States citizens living and working in Bermuda continues to diminish and this is before legislation proposed by the incoming administration has even been introduced.
Background
The tax benefit of living and working in Bermud...
DATE: Jan 06, 2009
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Bermuda-based insurer Max Capital Group Ltd. said yesterday that losses on alternative investments, such as hedge funds, cost the company about $85 million in the fourth quarter.
The company, which said it had reduced its hedge-fund exposure to 16 pe...
DATE: Jan 06, 2009
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DETROIT (Bloomberg) — General Motors Corp.'s 2008 US sales plunged to a 49-year low, dragged down by a 31-percent plunge in December as demand was ravaged by the recession and concern that the biggest domestic automaker might collapse.
Toyota Motor C...
DATE: Jan 06, 2009
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