49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) - Taylor Wimpey plc., Britain's largest homebuilder by volume, reported a $2.6 billion loss for the first half of the year yesterday, reflecting a nearly $2.8 billion write-down in the value of its assets.
The company lost £1.42 billion f...
DATE: Aug 28, 2008
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NEW YORK (Bloomberg) — American International Group Inc., the largest US insurer, had the bonds of its plane-leasing and consumer finance units cut to "deteriorating" by Gimme Credit on prospects the businesses may be sold to raise cash.
The debt rat...
DATE: Aug 28, 2008
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BERLIN (AP) - Utility E.ON AG said yesterday that it plans to cut as many as 1,800 jobs over the coming years as it streamlines its service operations in Germany, but hopes to do it without lay-offs.
The cuts would amount to about 12 percent of its G...
DATE: Aug 28, 2008
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Households in Bermuda will be able to save money on their electricity bill and do their bit for the environment at the same time, thanks to a new range of solar panels and solar water heaters.
The solar energy equipment, which is produced by Chinese ...
DATE: Aug 28, 2008
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Five years of rising profits and premium growth at BF&M Ltd. were a major factor in rating agency AM Best's decision to affirm the Bermuda insurer's excellent ratings.
Best said yesterday that BF&M's financial strength rating would remain A and its i...
DATE: Aug 27, 2008
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NEW YORK (Bloomberg) - Deutsche Bank AG, Germany's biggest bank, has been trying to collect $107 million loaned to bankrupt units of the SageCrest LLC hedge fund, according to court documents.
SageCrest Holdings Ltd., a Bermuda-based unit that filed ...
DATE: Aug 27, 2008
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Allied World Assurance Co. Holdings Ltd. has appointed Michael Nuenke as executive vice-president of US operations.
Mr. Nuenke will be responsible for compliance, controls, procedures and financial management for existing programmes and related opera...
DATE: Aug 27, 2008
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Investors have reason to look up with the dollar rallying and falling energy prices, according to the latest investment outlook by Bermuda Investment Advisory Services (BIAS).
The report reveals that despite more financial sector write-downs, the ove...
DATE: Aug 27, 2008
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Fellow Earthlings - it has been a while since I opened this page up to answer your questions directly, and there has been a small build-up of questions that need to be dealt with, so here goes...
Question: Of all of the specification measures related...
DATE: Aug 27, 2008
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We can get some indication of how the global economic downturn is beginning to impact IT salaries from a quarterly report put out by cwjobs.co.uk, a UK recruitment company.
Relative to last year July, IT recruitment (based on the number of advertised...
DATE: Aug 27, 2008
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