49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) — Wall Street turned lower yesterday as investors worried that a sharp jump in oil prices could be another sign that consumers are under stress in an economy that is already showing signs of a recession.
The major indexes, which spent m...
DATE: Apr 03, 2008
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The number of people employed in Bermuda rose by only 146 people in 2007, despite the fact that the number of registered companies on the Island rose by 1,300.
According to end of year figures released by the Department of Statistics 39,832 people we...
DATE: Apr 03, 2008
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A Bermuda-based captive that admits to being in "dire financial condition" is fighting an arbitration panel's order that it post security of $70 million in a dispute over coverage for sub-prime automobile loans in the US, KYC News' Inside Bermuda new...
DATE: Apr 03, 2008
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Bermuda reinsurer RenaissanceRe Holdings Ltd. announced late yesterday that its indirect wholly-owned subsidiary, Glencoe Group Claims Management Inc., has acquired the assets of US company Claims Management Services Inc. (CMS).
CMS is a privately-he...
DATE: Apr 03, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index climbed for a third successive day yesterday, fuelled by resource shares that benefited from a sharp rally in commodity prices.
But the benchmark eased from the day's highs, as financial sha...
DATE: Apr 03, 2008
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Computer City has been awarded three major competencies by Microsoft in recognition of the level of its technical capabilities and scope of service delivery.
The competencies were in the areas of Advanced Infrastructure Solutions, Information Worker ...
DATE: Apr 03, 2008
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Argo Group International Holdings Ltd said yesterday it had made a £136 million pound ($269.7 million) recommended cash offer to buy Heritage Underwriting Agency plc in the latest Bermuda raid on the London insurance market.
Under the deal, sharehold...
DATE: Apr 03, 2008
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Fitch Ratings has upgraded the ratings of Combined Insurance Company of America (CICA) and its New York subsidiary Combined Life Insurance Company of New York (CLICNY) to 'AA-' from 'A' following their purchase by Ace Ltd. from Aon Corporation for $2...
DATE: Apr 03, 2008
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Some people have a few drinks, get behind the wheel and suddenly — and dangerously — believe they can drive like Michael Schumacher.
Perhaps that is why Bermuda-based alcoholic beverages producer Bacardi Ltd. has hired the seven-time Formula One worl...
DATE: Apr 03, 2008
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AUTHOR:
Jonathan Kent
Asia Pacific investors have been showing great interest in Bermuda as a potential home for some of their money at a major hedge fund conference in Hong Kong.
That was the message from Bermuda International Business Association (BIBA) chief executive ...
DATE: Apr 03, 2008
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AUTHOR:
Jonathan Kent
