49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) - Seadrill Ltd., the Norwegian oil-rig company set up by billionaire John Fredriksen, took delivery of a deepwater drilling ship contracted to Exxon Mobil Corp.
The ultra-deepwater drillship West Polaris from Samsung Heavy Industri...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
Thirty years ago today the New York Times featured an article about Bermuda's emerging captive industry on the front page of its financial section.
The article, reprinted in The Royal Gazette today in full (see page 26), focused on how a ruling made ...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
The rising cost of construction is having a "significant" impact on Bermuda's building industry, according to the Construction Association of Bermuda's president Alex DeCouto.
Mr. DeCouto said that most notably the price of steel, copper and PVC had ...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — American International Group Inc., the world's largest insurer, fell to the lowest since 1995 in New York trading after Wachovia Corp. downgraded the company, saying it may post as much as $7 billion in losses on credit-default...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
TORONTO (Reuters) - The Toronto Stock Exchange's main index plunged more than 380 points yesterday as resource issues were hit by weak oil prices, while worries over the global economy battered the wider market.
After logging a hefty intraday drop of...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
LONDON (Bloomberg) - Frontline Ltd. and companies controlled by its chairman, Norwegian billionaire John Fredriksen, hold 4.9 percent of the shares of Overseas Shipholding Group Inc., according to a regulatory filing.
Bermuda-based Frontline Ltd. sai...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
Viacom and other copyright holders have agreed to let YouTube mask user IDs and Internet addresses when Google Inc.'s online video site hands over viewership records in a $1 billion lawsuit accusing YouTube of enabling copyright infringement. A feder...
DATE: Jul 16, 2008
|
CATEGORY:
Other
|
MADRID, Spain (AP) - Spanish banking giant Banco Santander said yesterday it has agreed to buy the British mortgage lender Alliance & Leicester plc. in a deal valued at $2.5 billion.
Banco Santander, which also owns Britain's Abbey National Bank, sai...
DATE: Jul 15, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) - Activist investor Carl Icahn said yesterday that replacing Yahoo Inc.'s current board of directors would ensure an acquisition deal with Microsoft Corp.
In urging shareholders to vote for his slate of nine directors, Icahn said he was...
DATE: Jul 15, 2008
|
CATEGORY:
Other
|
AMSTERDAM, Netherlands (AP) - Royal Philips Electronics NV, the world's largest maker of lighting products, said yesterday its second quarter profit fell by more than half, despite resilient sales in a battered global economy.
Philips said its net in...
DATE: Jul 15, 2008
|
CATEGORY:
Other
|
