49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) - Diageo plc., the world's largest producer and distributor of alcoholic drinks, is expected to deliver near on-target profit growth when it posts its full-year results today, but its outlook will be closely scanned for evidence of any im...
DATE: Aug 28, 2008
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Bermuda-based Bacardi makes the world's top-selling rum with annual sales of 20 million cases in more than 150 countries. But it does not sell a drop in Cuba, where founder Facundo Bacardi first opened a tin-roofed, dirt-floored distillery on Matader...
DATE: Aug 28, 2008
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Bermuda-based Aspen Insurance Holdings' reinsurance unit has been named "Best Global Reinsurance Company for Specialty Lines" by Reactions magazine for the second consecutive year.
Each year the readership of Reactions magazine is polled to assess wh...
DATE: Aug 28, 2008
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NEW YORK (Reuters) - US stocks rose yesterday as surprisingly strong data on durable goods orders soothed some concern about the sluggish economy while Fannie Mae and Freddie Mac led a rally in financial shares.
Energy shares gained with higher oil p...
DATE: Aug 28, 2008
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Bermuda-based CastlePoint Reinsurance Company Ltd. has agreed to buy US insurance comany Hermitage in a $135 million deal.
The agreement continues a trend of well-capitalised Bermuda reinsurers extending their reach into the US primary insurance mark...
DATE: Aug 28, 2008
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Argus Group Holdings Ltd. saw its share price fall 15 cents (1.01 percent) to close at $14.60 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance company traded 1,219 shares.
Butterfield Bank, however, boosted its share p...
DATE: Aug 28, 2008
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Taxis drivers and the role they play in Bermuda's tourism industry were recognised at a party laid on at The Reefs Club.
The first-ever Taxi Driver Appreciation Party, which was held at one of the hotel's new restaurants Royston's on August 19, attra...
DATE: Aug 28, 2008
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WASHINGTON (AP) — Federal regulators yesterday proposed a plan to allow public companies to begin using international accounting standards for reporting financial results in two years, and may require them to do so starting in 2014.
The push by the S...
DATE: Aug 28, 2008
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TORONTO (Bloomberg) - Canadian stocks gained the most in a week, led by banks, after Canadian Imperial Bank of Commerce posted lower-than-estimated writedowns, stoking speculation that the worst of the credit crisis may soon be over for lenders.
CIBC...
DATE: Aug 28, 2008
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Max Capital Group Ltd. yesterday has appointed Kevin Werle as executive vice-president and chief risk officer.
Mr. Werle, an experienced insurance industry veteran who most recently served as vice-president responsible for risk management, informatio...
DATE: Aug 28, 2008
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