49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Bloomberg) - Canadian stocks fell for a second day, led by Teck Cominco Ltd., as prospects of slower US growth sent industrial metal prices lower and dimmed raw-material companies' earnings outlook.
Royal Bank of Canada paced a drop in Canad...
DATE: Oct 17, 2007
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Net income climbed to $2.36 billion, or $1.68 a share, from $2.22bn, or $1.45, a year earlier, Armonk, New York-based IBM said today in a statement. Sales rose 6.6 percent to $24.1bn, matching the average of estimates compiled by Bloomberg.
IBM won c...
DATE: Oct 17, 2007
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Two of ACE's European operations have changed their names in a bid to keep their Bermuda identity.
As of the start of this month, ACE European Markets and ACE European Markets Reinsurance are trading under the business name of ACE Bermuda Internation...
DATE: Oct 17, 2007
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A Bermuda-owned luxury yacht worth $2.8 million has been seized by US authorities in Florida because of a dispute over the alleged non-payment by its owners for $73,000 of service costs.
The , which is owned by Hamilton-based Beluga Limited, is curre...
DATE: Oct 17, 2007
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NEW YORK (Business Wire) - Leblon, a luxury spirit from Brazil and the most award-winning cachaça on the market, has announed that Bermuda-headquartered Bacardi has become an investor in the company.
Leblon is an ultra-premium cachaça, the national s...
DATE: Oct 17, 2007
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Traders are concerned that a Turkish incursion into Iraq in search of Kurdish rebels could disrupt crude supplies from northern Iraq.
"Whenever there is any escalation in political tensions in the Middle East, oil markets become concerned," said Davi...
DATE: Oct 17, 2007
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SAN JOSE, Calif. (AP) — Apple Inc.'s next-generation operating system, Mac OS X "Leopard," will be available from October 26 for $129, and Apple's online store is taking pre-orders, the company said.
Leopard was originally due in June, but Apple said...
DATE: Oct 17, 2007
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The utilities sector proved to be the leading force on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday with BELCO Holdings Ltd. and KeyTech Ltd. both seeing their share values soar.
BELCO's share price rose 50 cents (2.4 percent) to cl...
DATE: Oct 16, 2007
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When some of the biggest names in the global capital markets meet at a remarkable behind-closed-doors gathering in New York City next week, the recent 'rescue' of the remnants of Bermuda's PXRE reinsurance company is expected to be shown as an exampl...
DATE: Oct 16, 2007
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AUTHOR:
Scott Neil
The Internal Revenue Service has released Notice 2007-77 that provides guidance on the adjustments to the foreign housing expense limitation for certain foreign locations on the basis of differences in housing costs in relation to the United States. ...
DATE: Oct 16, 2007
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