49296 results returned for search: "" category ("Other" AND "Business")
ATLANTA (AP) My cell phone flickered to life in the middle of a rowdy party, and seconds later, my fiancee's face brightened up the screen.
"Sorry I couldn't make it," she said. "I wish I was there."
She wasn't physically at the party, but her presen...
DATE: Aug 01, 2007
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Bermuda-based MC Shipping Inc. is being acquired by a newly formed unit of Bear Stearns Merchant Banking in a deal valued at $284 million.
The company said its shareholders will receive $14.25 a share, a premium of 19.6 percent over the closing price...
DATE: Jul 31, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index bounced back yesterday, regaining more than 100 points after last week's big fall, as firming metal prices boosted materials issues.
The S&P/TSX composite index closed up 116.19 points, or 0...
DATE: Jul 31, 2007
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An outbreak of peace has been reported in the long-running, multi-billion dollar feud involving Bermuda-registered investment fund IPOC and a rival for a near $4 billion stake in Russian telecoms company MegaFon.
However, the bitter dispute over who ...
DATE: Jul 31, 2007
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AUTHOR:
Scott Neil
Bermuda is still streets ahead of the rest of the competition when it comes to the reinsurance market according to the latest Reinsurance Association of America report.
The amount of premiums ceded to the Island's affiliated reinsurers (a subsidiary ...
DATE: Jul 31, 2007
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Net income: $94.1 million compared to $19.7 million in 2006.
Gross written premiums: $241.5 million compared to $283.9 million in 2006.
DATE: Jul 31, 2007
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NEW YORK (Bloomberg) Shares of Bermuda-based Ingersoll-Rand Co. rose the most in four years after the company said it would sell its Bobcat construction-equipment division and other units for about $4.9 billion.
The stock jumped $3.63, or 7.5 percent...
DATE: Jul 31, 2007
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Sherron Williams is a model example to all Bermudian women who want to succeed in business.
For Ms Williams started out as a trainee underwriter 17 years ago but now she finds herself rubbing shoulders with some of the world's top businesswomen on Bu...
DATE: Jul 31, 2007
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Profits surged from $19.7 million to $94.1m year on year for Max Capital during the second quarter, the Bermuda company announced yesterday.
Max also announced that its new US-based Max Specialty Insurance Company had written around $10m of gross wri...
DATE: Jul 31, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
The noise and fumes produced by the more than 20,000 mopeds and motorcycles on Bermuda's roads could become a thing of the past if Hugh Watlington's idea catches on.
Mr. Watlington rides a bike propelled by an electric motor. It looks pretty much lik...
DATE: Jul 31, 2007
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AUTHOR:
Jonathan Kent