49296 results returned for search: "" category ("Other" AND "Business")
Pension fund holders were given a taste of things to come at the Argus Group's series of pension seminars held at the Daylesford Theatre in Hamilton yesterday.
The event, which was split up into three one-hour sessions, saw Lauren Bell, executive vic...
DATE: Mar 07, 2008
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Bermuda is still the number one captive of choice, according to Business Insurance's latest spotlight report on the captive industry.
The online insurance website revealed that the Island came top of the pile for top off-shore domiciles, closely foll...
DATE: Mar 07, 2008
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NEW YORK (Reuters) - Banks have made a firm commitment to buy more than $500 million of Ambac Financial Group shares if other investors do not buy them, a person briefed on the matter said yesterday.
Ambac said on Wednesday it was selling at least $1...
DATE: Mar 07, 2008
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BRUSSELS (Bloomberg) — European Financial Services Commissioner Charlie McCreevy urged lawmakers and governments to approve a proposed insurance overhaul this year, or they will set back the change sought by the industry to start in 2012.
The Europea...
DATE: Mar 07, 2008
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LONDON (Bloomberg) — Bermuda-based Catlin Group Ltd., the largest insurer in the Lloyd's insurance market, said 2007 profit climbed a better-than-estimated 78 percent, helped by the acquisition of UK rival Wellington Underwriting Plc.
Net income rose...
DATE: Mar 07, 2008
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SAN FRANCISCO (Bloomberg) - Apple Inc. CEO Steve Jobs, seeking to sell 10 million iPhones this year, added business features to woo customers from the BlackBerry and will let outside developers create programs for the handset.
Apple will push corpora...
DATE: Mar 07, 2008
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NEW YORK (AP) - Stocks tumbled yesterday as the ailing credit market and a spike in home foreclosures intensified the market's worries about a sagging economy. The Dow Jones industrials gave up 214 points.
Concerns about credit grew after Thornburg M...
DATE: Mar 07, 2008
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LONDON (Bloomberg) — The UK government risks fumbling its response to the run on Northern Rock Plc and should take more time when drafting rules to prevent a reoccurrence, said Richard Lambert, head of the Confederation of British Industry.
"Don't ru...
DATE: Mar 07, 2008
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NEW YORK (Reuters) - Peloton Partners LLP, a London-based hedge fund manager that formerly held nearly $3 billion in assets, is liquidating its two funds and shutting down, the firm told investors on Wednesday, according to two people familiar with t...
DATE: Mar 07, 2008
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NEW YORK (AP) - Bermuda-based Ingersoll-Rand Co. said it expects full-year earnings from continuing operations to come in above analysts' estimates.
The diversified manufacturer still anticipates 2008 net income in a range of $3.80 to $3.90 per share...
DATE: Mar 07, 2008
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