49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) — British American Tobacco PLC said it agreed to buy a Danish cigarette business in a deal worth $3.9 billion — its second purchase in less than a week — as it reported a 12-percent increase in full-year profits yesterday.
BAT, the maker ...
DATE: Feb 29, 2008
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NEW YORK (Bloomberg) — American International Group Inc., the world's largest insurer by assets, posted its biggest quarterly loss as a publicly traded company as it wrote down guarantees sold to protect fixed-income investors. The company declined i...
DATE: Feb 29, 2008
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Telecommunications Minister Terry Lister has reaffirmed Government's commitment to sweeping licensing reform allowing companies to offer services across the board rather than be restricted to specific areas.
Currently companies must get separate lice...
DATE: Feb 29, 2008
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Bermuda's investors will be able to learn more about savings their finances for later life with the launch of Pensions Awareness Week next week by The Argus Group.
The event, which takes place between March 3 and March 7, will provide important infor...
DATE: Feb 29, 2008
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India's Tata Group may raise its stake in Bermuda-based Orient-Express Hotels by acquiring shares from the open market 'at the right price', said a report in The Economic Times quoting sources close to the Tata Group.
The reported quoted the source a...
DATE: Feb 29, 2008
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Premier Ewart Brown dropped into the fifth Caribbean Ministerial Strategic Seminar at the Elbow Beach Hotel yesterday to tell delegates about the importance of tourism and the communications industry.
Dr. Brown admitted that communications had always...
DATE: Feb 29, 2008
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NEW YORK (Reuters) - Sovereign wealth funds and private equity firm Cerberus are looking at investing in bond insurers as the insurance companies try to raise money and hang onto their top ratings.
New York's state insurance superintendent said on We...
DATE: Feb 29, 2008
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Bermuda-based automotive dealer HWP has gone truly state-of-the-art with the take-up of a new online diagnostic technology to service Volkswagen (VW) vehicles on the Island.
The technology uses real-time processing of immobiliser codes, instant trans...
DATE: Feb 29, 2008
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Butterfield Bank has been crowned Best Developed Market Bank 2008 for Bermuda by Global Finance magazine.
This is the fourth consecutive year the bank has won an award from Global Finance.
It follows the Euromoney awards for Best Private Bank in Berm...
DATE: Feb 29, 2008
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With apologies to Charles Dickens, these are the best of times for Edward Breen, chief executive officer of Tyco International Ltd. and the worst of times for his shareholders.
In its proxy filed on January 18, Bermuda-base Tyco disclosed Breen's com...
DATE: Feb 29, 2008
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