49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) - SageCrest Holdings Ltd., the Bermuda-based affiliate of a bankrupt Connecticut-based hedge fund, filed for bankruptcy protection without giving a reason.
SageCrest Holdings said in a petition filed last Wednesday in Bridgeport,...
DATE: Aug 26, 2008
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NEW YORK (Bloomberg) — JPMorgan Chase & Co., the second- biggest US bank, said the value of a $1.2 billion investment in Freddie Mac and Fannie Mae shares has declined by half so far this quarter.
The losses from the investment in perpetual preferred...
DATE: Aug 26, 2008
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WASHINGTON (AP) — Sales of existing homes rose in July, surpassing expectations, as buyers snapped up deeply discounted properties in parts of the US hit hardest by the housing bust.
However, the number of unsold properties hit an all-time high, the ...
DATE: Aug 26, 2008
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GOLD STARS: Feel like you could use a pat on the back every once in awhile?
Executives at Bermuda-based Accenture Ltd., an outsourcing and consulting firm, are giving their employees just that through a points-based rewards programme, allowing them t...
DATE: Aug 26, 2008
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NEW YORK (AP) - Stocks sank in thin trading yesterday as worries about American International Group Inc. touched off broader concerns that financial companies will face more trouble to come.
The major indexes lost about two percent. The Dow Jones ind...
DATE: Aug 26, 2008
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Putting women and their careers first will be the focus for top businesswoman Mary Schnack when she co-hosts a conference in Bermuda next month.
Ms Schnack, of Communication Bridges USA, who, along with Integrated Global Management Bermuda, will be h...
DATE: Aug 26, 2008
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NEW YORK (Bloomberg) — Kohlberg Kravis Roberts & Co. Has indicated a "high level of interest" in buying Lehman Brothers Holdings Inc.'s investment management division, CNBC reported, citing unidentified people close to the negotiations.
KKR, the buyo...
DATE: Aug 26, 2008
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Bermuda-based and Lloyd's managing agency R J Kiln & Co. Ltd. has released updated forecasts for its four Lloyd's syndicates accounts for 2006/07.
The company, which is wholly owned by The Tokio Marine & Nichido Fire Insurance Co. Ltd., also has a ca...
DATE: Aug 26, 2008
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LONDON (Bloomberg) - Frontline Ltd., the world's largest owner of supertankers, said second-quarter profit advanced 69 percent as the cost of shipping oil increased.
Net income rose to $318.4 million, or $4.25 a share, from $187.9 million, or $2.51, ...
DATE: Aug 26, 2008
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Age: 40
Role: CEO, First Atlantic Commerce
What is your job?
I am the founder and CEO of First Atlantic Commerce Ltd. (established 1998).
What is your favourite part of the job?
Coming into work every day and finding something new and exciting that'...
DATE: Aug 26, 2008
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