49296 results returned for search: "" category ("Other" AND "Business")
Validus-owned Talbot Underwriting has opened operations in Singapore, representing the first presence in the Asia region for $1 billion Bermuda-based Validus.
Talbot Asia is being headed by Jeremy Austen as its chief executive officer designate.
It w...
DATE: Nov 01, 2007
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AUTHOR:
Scott Neil
TORONTO (Reuters) - The Toronto Stock Exchange's main index surged to within a hair of its record high close in an across-the-board rally sparked by the Canadian government's promise to cut taxes and an interest rate cut by the US Federal Reserve.
Re...
DATE: Nov 01, 2007
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WASHINGTON (Bloomberg) — Ingersoll-Rand, the maker of Thermo-King refrigerated trucks, will pay $6.7 million to settle US claims it paid kickbacks to secure contracts from Saddam Hussein's regime in Iraq.
Subsidiaries in Germany, Italy, Ireland and B...
DATE: Nov 01, 2007
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NEW YORK (Bloomberg) — Lazard, the investment bank led by Bruce Wasserstein, said third-quarter earnings more than doubled to a record, beating most analysts' estimates, on higher fees for mergers and acquisitions advice and money management.
Profit ...
DATE: Nov 01, 2007
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Bermudians are buying back their share of the upper end of the Island's property market - that is according to Buddy Rego, of Rego Sotherby International Realty.
Of the 48 houses in the top end of the market sold over the past four years, 34 have bee...
DATE: Nov 01, 2007
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AKRON, Ohio (AP) — An investment adviser to the state agency for injured workers has been convicted of fraud charges connected to the loss of $216 million in a high-risk hedge fund, becoming the 20th person convicted in a wide-reaching scandal.
Mark ...
DATE: Nov 01, 2007
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LONDON (Bloomberg) — Bermuda-headquartered Seadrill, the Norwegian oil-rig company set up by billionaire John Fredriksen, has raised $1 billion of convertible bonds, the largest ever deal of its kind by a Scandinavian company.
The five-year bonds, is...
DATE: Nov 01, 2007
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Bermuda has a lot going for it as a place where professionals want to work and where corporations feel they can successfully base their businesses, but the Island's Government should be wary of taking it all for granted.
Mark Surrette, president of N...
DATE: Nov 01, 2007
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Bermuda's $1 billion-capitalised Ironshore Insurance has been given approval to provide property and catastrophe insurance on an excess and surplus basis for risks located in the state of Louisiana.
Ironshore will provide commercial property and cond...
DATE: Nov 01, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
The Royal Gazette / Bermuda Stock Exchange climbed 24.69 points (0.5 percent) to 5,006.6 on a day when 114,181 shares were traded, representing a value of $2,141,612.
Butterfield Bank stock gained 20 cents (1.1 percent) a day after the bank's third q...
DATE: Nov 01, 2007
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