49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) — British interest rates hit a six-year high of 5.5 percent yesterday and could rise further still as the Bank of England tries to rein in inflation, at its highest level in more than a decade.The widely expected quarter-point hike t...
DATE: May 11, 2007
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NEW YORK (Bloomberg) — Delta Air Lines Inc., the third-largest US carrier, joined with US Helicopter Corp. to provide passengers with helicopter rides between New York's John F. Kennedy International Airport and Manhattan.US Helicopter began flying b...
DATE: May 11, 2007
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Bermuda's Fulcrum Limited, a global fund administrator for the hedge fund and alternative investment management industry, has appointed Chris Mulhern as its managing director in Canada.
Mr. Mulhern was formerly with Citco Fund Services, where he was ...
DATE: May 11, 2007
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NEW YORK (Bloomberg) — Bermuda-based Global Crossing Ltd., the fibre-optic company that went through one of the largest US bankruptcies, said its first-quarter loss widened because of higher network costs and interest expenses.The net loss expanded t...
DATE: May 11, 2007
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ZURICH (Bloomberg) — Scor SA, France's largest reinsurer, won the backing of Converium Holding AG's board for its takeover approach after raising the offer by almost 8 percent to value the Swiss company at $2.8 billion.Scor plans to buy Zug, Switzerl...
DATE: May 11, 2007
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NEW YORK (Bloomberg) — American International Group Inc., the world's biggest insurance company, sued Bermuda-based Tyco International Ltd. in effort to stop a plan by the company to buy back $6.6 billion of debt.Bondholders led by AIG have claimed t...
DATE: May 11, 2007
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MUMBAI (Bloomberg) — India's telecommunications regulator recommended overseas holdings in Internet service providers be limited to 74 percent, matching the rules for other phone businesses and adding a layer of security.The Telecom Regulatory Author...
DATE: May 11, 2007
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An entrepreneur from a young age, Kumi Bradshaw took a hiatus from college to start his first business while still in his teens.
He chuckled as he remembered some of the 'learning opportunities', which spurred him to return to college. In 2006, he co...
DATE: May 11, 2007
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Endurance Specialty Holdings is buyback 18 million of its ordinary shares.
The board of directors of the property and casualty insurer and reinsurer has approved the repurchase, which represents an increase of 16 million shares from the original aut...
DATE: May 11, 2007
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Newcomer Flagstone Reinsurance Holdings achieved a profit of $35.6 million in the first quarter of 2007.
The company was set up in 2005 and made its initial public offering on April 1 this year raising $175.5 million.
During the opening three months ...
DATE: May 11, 2007
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AUTHOR:
Scott Neil
