49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Bermuda-based Ingersoll-Rand Co., the maker of Thermo King and Hussmann refrigerated truck equipment, completed its acquisition of air conditioner manufacturer Trane Inc., creating an $11 billion climate-control business.
Trane...
DATE: Jun 06, 2008
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Challenger, the new undersea telecommunications cable, will certainly live up to its name when it is installed between Bermuda and the US later this year.
Bermudian Ray Charlton is the man who has been charged with overseeing the laying of the 870-mi...
DATE: Jun 06, 2008
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Bermuda-based reinsurer Max Capital Group Ltd. has bought a unit of Travelers Cos. to bolster its coverage of shipping.
Commercial Guaranty Casualty Insurance Co., a "dormant" Travelers Cos. company located primarily in New York, will expand Max Capi...
DATE: Jun 06, 2008
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ST. PAUL, Minnesota (AP) — Two high-ranking Delta Air Lines Inc. executives are expected to meet with Northwest pilots.
Delta and Northwest Airlines Corp. are planning to combine, but want their pilots to agree to a deal, too.
The Northwest pilot's u...
DATE: Jun 06, 2008
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TORONTO (Bloomberg) - Canadian stocks rose, sending the main index to its biggest gain since March, as energy producers climbed with oil prices and Citigroup Inc. analysts predicted Research In Motion Ltd. will increase its profit forecast.
Canadian ...
DATE: Jun 06, 2008
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NEW YORK (Bloomberg) — MBIA Inc. and Ambac Financial Group Inc., the world's largest bond insurers, had their AAA insurance financial strength rankings cut by Standard & Poor's.
The ratings were cut two levels to AA, New York-based S&P said in a stat...
DATE: Jun 06, 2008
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DALLAS (AP) — Continental Airlines said yesterday it is cutting 3,000 jobs and reducing capacity by 11 percent, citing record fuel costs that have pushed the industry into its worst crisis since 2001. It also said its two top executives will forgo pa...
DATE: Jun 06, 2008
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Belco Holdings Ltd. continued its rich vein of form, climbing 45 cents (2.14 percent) to $21.45 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 2,000 shares throughout the day.
Butterfield Bank also boo...
DATE: Jun 06, 2008
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CHICAGO (AP) - United Airlines said yesterday that it is cutting up to 1,100 more jobs, removing an additional 70 fuel-guzzling airplanes from its fleet and slashing domestic capacity as it tries to cope with spiralling fuel prices.
The nation's No.2...
DATE: Jun 05, 2008
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NEW YORK (AP) — Renters may be the biggest winners in the current housing slump, especially in places like Florida, Las Vegas and Southern California, that have thousands of vacant for-sale and foreclosed homes and condos on the market.
Apartment vac...
DATE: Jun 05, 2008
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