49296 results returned for search: "" category ("Other" AND "Business")
Shares in Bermuda-based Heritage Underwriting rose 13 percent on the London Stock Exchange yesterday after it confirmed a takeover approach from Bermuda insurer Ironshore Inc.
In announcing its 2007 results, Heritage said it was in a takeover period....
DATE: Mar 12, 2008
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AUTHOR:
Jonathan Kent
WASHINGTON (AP) - Bill Gates is coming back to Capitol Hill with the same wish list he has had for years: more visas for highly skilled workers, more math, science and engineering in schools and more money for technology investment.
Today, Mr. Gates'...
DATE: Mar 12, 2008
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Flagstone Reinsurance Holdings Ltd. will invest, via a subsidiary, in the capital stock of Imperial Reinsurance Company Ltd., acquiring a 65 percent of the company.
The deal, subject to regulatory approvals and closing conditions, is expected to be c...
DATE: Mar 12, 2008
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LONDON (Bloomberg) — Northern Rock Plc, nationaliSed by the U.K. government last month, will stop selling sub-prime mortgages in Britain.
The bank will stop selling the loans today, though applications submitted before will be processed, the Newcastl...
DATE: Mar 12, 2008
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Central European Media Enterprises (CME), the Bermuda-based TV group that is on the airwaves in six countries in Central and Eastern Europe, has funded an expansion through the offer of $475 million in five-year convertible notes.
Network topper Mich...
DATE: Mar 12, 2008
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More than 300 delegates will converge on Dubai next week to see what is effectively a Bermuda insurance market roadshow.
The World Insurance Forum (WIF) will open at the Dubai International Financial Centre next Monday.
This will be the first time in...
DATE: Mar 12, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - Bermuda-based Lazard Ltd. said that chairman and chief executive Bruce Wasserstein was awarded about $22.8 million in compensation in 2007, up 54 percent from a year earlier, as the company reported record annual profits.
His com...
DATE: Mar 12, 2008
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Bermuda-based Covidien has said it will be monitoring the situation following Senator Barack Obama's announcement of his intention to close down tax havens if he is elected to the White House.
Yesterday The Royal Gazette reported that while Sen. Obam...
DATE: Mar 12, 2008
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LONDON (Bloomberg) — UK banks raised the cost of borrowing for homebuyers with the smallest deposits to a seven- year high, declining to pass on two interest-rate cuts by the Bank of England.
The average rate offered by lenders on loans for 95 percen...
DATE: Mar 12, 2008
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Bermuda Commercial Bank Ltd. saw its share price drop by 40 cents yesterday on The Royal Gazette/Bermuda Stock Exchange Index (BSX).
It was the only net change on the BSX, which saw the share price fall by 3.7 percent, as 1,400 shares changed hands, ...
DATE: Mar 11, 2008
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