49296 results returned for search: "" category ("Other" AND "Business")
LONDON - Britain's leading share index slipped 0.81 percent, ahead of key US and UK interest rate decisions and after raking in hefty gains last week, as commodity shares and banks weighed on the market. The FTSE 100 closed down 53.3 points at 6,550....
DATE: May 08, 2007
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Inflation has risen for a second consecutive month and now stands at 3.5 percent, its highest level since last July.
Increased airfares and higher gas pump prices were the main drivers of the inflation rise, however there was an increase in prices ac...
DATE: May 08, 2007
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AUTHOR:
Scott Neil
TORONTO (AP) — Alcoa Inc. is making a hostile bid for Canadian aluminium rival Alcan Inc. worth nearly $27 billion after failing in almost two years of private talks to reach a negotiated deal.Alcan's US shares rose 34 percent, well above the offered...
DATE: May 08, 2007
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TALLAHASSEE, Florida (Reuters) — Florida lawmakers have passed bills extending a rate freeze and making it easier to join the state-run insurance pool that now covers more than 1.3 million policyholders across the hurricane-racked state.In the waning...
DATE: May 08, 2007
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Bermuda reinsurer ESG Re is suing accountancy firm Deloitte & Touche for $22 million in a case that opens in Dublin's High Court today.
ESG is claiming that it suffered a significant loss of business because three Deloitte companies were negligent an...
DATE: May 08, 2007
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AUTHOR:
Jonathan Kent
Imagine sitting on a boat 10 miles offshore when your office phone starts to ring. Unless you are telepathic and also have 10-mile long arms you are going to miss the call, right? Wrong.
Or at least not necessarily, because if you have a new piece of...
DATE: May 08, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
SAN FRANCISCO (Bloomberg) — Bermuda-based Marvell Technology Group Ltd. may restate results by as much as $350 million to account for stock-options costs, and removed several executives after a review found they backdated grants.Chief executive offic...
DATE: May 08, 2007
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XL Capital intends to hold an Investor Day in New York City on May 24. The theme of XL's Investor Day is "The Drive to Deliver Value".
Presentations will be given on XL's strategy and operations. In addition to the presentations, analysts and investo...
DATE: May 08, 2007
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WASHINGTON (Reuters) — One of two close aides to World Bank president Paul Wolfowitz resigned yesterday, saying turmoil at the bank over its current leadership has made it difficult for him to do his job.The departure of Kevin Kellems is a blow in a ...
DATE: May 08, 2007
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Max Capital Group, which changed its name from Max Re Capital yesterday, has achieved first quarter profits of $80 million, up from $75.3m year-on-year.
The value per diluted share has gone up to $1.24 from $1.19 a year ago, and the rise in profits c...
DATE: May 08, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
