49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) — Britain's Tesco PLC will overtake France's Carrefour SA to become the world's second-largest retailer by turnover behind US-based Wal-Mart Stores Inc. by 2012, according to an industry report released yesterday.
The report by internatio...
DATE: Dec 10, 2008
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philadelphia (Bloomberg) — A unit of Aon Corp., the world's largest insurance broker, was ordered to pay $24 million to United National Insurance Company for misrepresenting reinsurance risks.
Aon Ltd., a division of Chicago-based Aon, acted as Unite...
DATE: Dec 10, 2008
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One of St. George's oldest and most famous drinking institutions is set to close for two-and-a-half months due to the effects of the economic crisis.
The White Horse Pub and Restaurant in Kings Square will shut its doors from December 24 to mid-March...
DATE: Dec 10, 2008
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TOKYO (Reuters) - Prudential Financial Inc, Manulife Financial Corp and three other firms are expected to place competing bids for two Japanese life insurers put up for sale by American International Group Inc, people familiar with the matter said ye...
DATE: Dec 10, 2008
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Bermuda-based insurance giant XL Capital Ltd. announced yesterday that it had received English High Court clearance to merge an Irish unit with a London subsidiary.
The portfolio of business of XL Europe (Dublin) will be transferred to XL Insurance C...
DATE: Dec 10, 2008
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AUTHOR:
Jonathan Kent
It proved to be a day of ups and downs on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Butterfield Bank saw its share price rise 10 cents (0.92 percent) to $10.95, with 290 shares traded, but Bermuda Aviation Services Ltd. fell 75 ...
DATE: Dec 10, 2008
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NEW YORK (Bloomberg) — Allstate Corp., the biggest publicly traded US home and auto insurer, said James Hohmann, president and chief executive officer of Allstate Financial, is leaving on January 5.
George Ruebenson, president of the home and auto un...
DATE: Dec 10, 2008
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NEW YORK (AP) — Electronic books are the persistent wallflowers of the gadget world. Consumers have snubbed them again and again in favour of a 500-year-old technology: ink printed on paper.
Mindful of the dominance of paper, devices for reading elec...
DATE: Dec 10, 2008
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Netflix was a pioneer in the business of movie rentals — getting consumers to rent DVDs online and mailing them out in cheery red envelopes. Recently, it has put a lot of effort into a service that delivers movies digitally over the Internet to subsc...
DATE: Dec 10, 2008
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new york (Bloomberg) — Tribune Co.'s bankruptcy filing gives billionaire investor Sam Zell a potentially lighter debt load and time to sell assets including the Chicago Cubs baseball team.
Zell defended the decision to seek protection from creditors,...
DATE: Dec 10, 2008
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