49296 results returned for search: "" category ("Other" AND "Business")
MONTERREY, Mexico (Bloomberg) - Tyco Electronics Ltd., the world's biggest maker of electronic connectors, plans to close three automotive-products plants in Europe in a restructuring that will affect 850 workers and cost $155 million.
The plan, part...
DATE: Sep 05, 2008
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WILMINGTON, Delaware (Bloomberg) - Sea Containers Ltd., a shipping container provider, is still negotiating details of $150 million in bankruptcy exit financing and faces "severe consequences" if it misses several looming deadlines, a company attorne...
DATE: Sep 05, 2008
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Digicel has announced it has added the BlackBerry Bold smartphone to its range of handsets.
The Bold is the first BlackBerry to support tri-band high-speed networks around the world and comes with integrated GPS and Wi-Fi, as well as a set of multime...
DATE: Sep 05, 2008
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LONDON (Reuters) - New car registrations in Britain fell an annual 18.6 percent last month to record the market's weakest August since 1966, a survey showed yesterday.
The Society of Motor Manufacturers and Traders said there were just 63,225 car reg...
DATE: Sep 05, 2008
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LONDON (Reuters) - The British government has approved construction of a 500-megawatt offshore wind farm in Cumbria, northwest England, the government said yesterday.
It said the Duddon Sands farm, planned near Walney Island off the coast of Barrow-i...
DATE: Sep 05, 2008
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LONDON (AP) — Prudential, Britain's largest insurance company, announced yesterday that it will be taking £1 billion ($1.8 billion) of pension assets from Britain's second biggest phone company, Cable & Wireless.
The deal will transfer Cable & Wirele...
DATE: Sep 04, 2008
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A US unit of Bermuda-based Ironshore has been approved to write excess and surplus coverage in the state of New York.
Ironshore Specialty Insurance Company (ISIC) was added on Tuesday to the Excess Line Association of New York (ELANY) list of eligibl...
DATE: Sep 04, 2008
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Hurricane Gustav will have a minimal impact on the property and catastrophe market.
That is according to rating agency AM Best Co., who said in a report that despite estimates of $2 billion to $10 billion of insured losses, it does not expect the eff...
DATE: Sep 04, 2008
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Global warming is top of the agenda for a major scientific expedition sponsored by Bermuda-based insurer Catlin Group Ltd.
The project — to be known as the Catlin Arctic Survey — will be led by British explorer Pen Hadow and will capture vitally need...
DATE: Sep 04, 2008
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NEW YORK (Reuters) - John Charman, chief executive of Bermuda-based Axis Capital Holdings Ltd., said yesterday his eyes were open for acquisitions - and mentioned fellow Bermuda company XL Capital as an industry takeover target.
"We would consider ac...
DATE: Sep 04, 2008
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