49296 results returned for search: "" category ("Other" AND "Business")
WILMINGTON, Delaware (AP) — General Motors is closing four truck and SUV plants in the US, Canada and Mexico, affecting 10,000 workers, as surging fuel prices hasten a dramatic shift to smaller vehicles.
CEO Rick Wagoner said yesterday before the aut...
DATE: Jun 04, 2008
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The US Democratic Party is backing a bill aimed at nationalising part of the insurance business that covers major storm-damage claims, which could have a big knock-on effect on many private insurers in Bermuda.
The bill, which has passed the House of...
DATE: Jun 04, 2008
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More than 100 underwriters descended on the Fairmont Hamilton Princess for an educational conference at the fifth annual PLUS Bermuda Perspective Symposium
PLUS, the Professional Liability Underwriting Society, is a non-profit organisation establishe...
DATE: Jun 04, 2008
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The 'locks are off' Canada's national rag, the Globe and Mail, announced earlier this week, indicating that the executive board is finally coming around to the idea that visitor numbers rather than cash is the name of the game right now.
"Go free," t...
DATE: Jun 04, 2008
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Cellphones will be able to have faster internet speeds than current computer connections in Bermuda in the future, according to the Computer Society of Bermuda (CSB).
In its latest bulletin the CSB claims that the Island's cellphone providers are set...
DATE: Jun 04, 2008
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Class of 2005 reinsurer Flagstone Reinsurance Ltd. and Flagstone Reassurance Suisse SA have been affirmed their 'A-' insurer financial strength (IFS) ratings by Fitch Ratings.
And AM Best Co. has also affirmed the financial strength ratings of A- (ex...
DATE: Jun 04, 2008
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LONDON (Reuters) - The Bank of England looks set to hold off from cutting interest rates tomorrow as policymakers' worries about higher inflation trump their fears that the British economy is slowing fast.
Only two out of 71 analysts polled by Reuter...
DATE: Jun 04, 2008
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Bermuda Commercial Bank Warrants have been delisted by the Bermuda Stock Exchange.
The warrants were issued in 1995 as part of a rights offering. The de-listing was granted after the warrants expired last Friday.
DATE: Jun 04, 2008
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Compensation Risk Managers LLC (CRM) will surrender its licence to run self-insured workers' compensation trusts, the New York state Workers' Compensation Board said, announcing a settlement.
The firm, whose parent company is Bermuda-based CRM Holdin...
DATE: Jun 04, 2008
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Belco Holdings Ltd. (Belco) has told the Bermuda Stock Exchange it intends to initiate a share repurchase programme to buy back 75,000 common shares of Belco as they become available.
Belco stated: "In a recent meeting of Belco Holdings Ltd. Director...
DATE: Jun 04, 2008
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