49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) — Bermuda reinsurers, money burning a hole in their pockets after hefty 2006 earnings, are looking to expand into the Lloyd's of London insurance market, sources familiar with the situation said.Interest in joining Lloyd's, the wor...
DATE: May 16, 2007
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ROME (Bloomberg) — Italy's underground economy has swelled to "embarrassing" proportions and may be much larger than predicted, Deputy Finance Minister Vincenzo Visco said.The proportion of tax evasion in relation to gross domestic product in the nor...
DATE: May 16, 2007
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LONDON (AP) — Reuters agreed yesterday to a $17.2 billion takeover by Thomson that would vault the combined entity ahead of Bloomberg to become the world's largest financial data and news provider.The combined company will be headed by Tom Glocer, 47...
DATE: May 16, 2007
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GREAT success can be one of the thorniest problems an investment manager ever confronts. It's one thing to rack up nice returns when a strategy is new and the amount under management is small. The job may prove different after those early gains attra...
DATE: May 16, 2007
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NEW YORK (AP) — For all their complaining as they pay $3 a gallon or more to fill up their cars, few American drivers have yet to reach the point of cutting back.That's the message from government statistics showing that demand for gasoline is only j...
DATE: May 16, 2007
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NEW YORK (Bloomberg) — David Linsley's Sirius Investment Fund has raised $70 million since it started in February and seeks to outperform other hedge funds by investing with smaller managers.The so-called fund of funds aims to raise as much as $300 m...
DATE: May 16, 2007
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Validus Reinsurance and Validus Holdings have been given "negative" outlooks from AM Best after Validus announced its intention to link with the Lloyd's market by acquiring privately-owned Bermuda-based Talbot Holdings.
The negative outlooks relate t...
DATE: May 16, 2007
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WASHINGTON (AP) — Mortgage lenders in April foreclosed on 62 percent more US homes than a year ago as borrowers failed to keep up with loan payments, an industry research firm said yesterday.RealtyTrac Inc. said foreclosures in April spiked to 147,70...
DATE: May 16, 2007
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Shares in only two companies were traded on the Royal Gazette / Bermuda Stock Exchange, resulting in no change to the index which remained at 5,131.50.
The largest volume of stock activity was 8,319 shares in BF&M which changed hands but without affe...
DATE: May 16, 2007
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After achieving record revenue growth in 2006, Systems Business Integration (Sbi) has filled six key positions to "ensure ongoing customer satisfaction and sustained financial performance for the company".
The company is an advisor to Bermuda's large...
DATE: May 16, 2007
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