49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange’s main index ended lower as investors dumped shares of financial institutions after the Bank of Canada held rates steady but cautioned that inflation has ticked higher than it expected.The S&P/TSX compos...
DATE: Apr 25, 2007
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Four Bermuda insurers and reinsurers last night reported a combined $1.4 billion in profits for the first quarter, signalling a spectacular start to the year for the Island's biggest industry.
Most of the earnings came from the Island's "big two", a...
DATE: Apr 25, 2007
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SAN JOSE, California (AP) — California continues to employ far more technology workers, pay higher wages and attract more venture capital than any other state. But the overall US tech sector is also growing at a surprisingly brisk clip — for now.That...
DATE: Apr 25, 2007
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Record first quarter profits of $549.7 million have been posted by XL Capital, easily outperforming market analysts' expectations.
The Island's second-biggest insurance and reinsurance company also reported that European windstorm Kyrill made less im...
DATE: Apr 25, 2007
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AUTHOR:
Scott Neil
A "mild softening" of the casualty market and a greater focus on excess-of-loss business contributed to a $4.2 million dip in first quarter profits for Platinum Underwriters Holdings Limited, according to chief executive officer Michael Price.
The lo...
DATE: Apr 25, 2007
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AUTHOR:
Scott Neil
Bermuda-based energy industry mutual Oil Insurance Limited is to lose 13 shareholder members by the end of next month.
That will reduce the total shareholders of OIL to 61. At the end of 2006 there had been 83 members but nine others left on January ...
DATE: Apr 24, 2007
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LONDON/AMSTERDAM (Reuters) — British bank Barclays Plc has agreed to buy Dutch rival ABN AMRO for about [EURO]67 billion ($91 billion) in shares as it attempts to fight off rivals to clinch the world's biggest bank takeover.The deal will boost Barcla...
DATE: Apr 24, 2007
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To mark what was once known as Secretaries' Day, the Bermuda branch of the International Association of Administrative Professionals (IAAP) held its opening event of a week to highlight the work of an often overlooked segment of the workforce.
Guest ...
DATE: Apr 24, 2007
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AUTHOR:
Scott Neil
Everest Re Group Ltd. massively outperformed analysts' expectations as it reported first-quarter net income of $297.6 million — up almost 77 percent on the same period a year earlier.
Operating income, which excludes realised capital gains and losses...
DATE: Apr 24, 2007
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AUTHOR:
Jonathan Kent
ATLANTA (Bloomberg) — Delta Air Lines Inc., preparing to exit bankruptcy this month, said its first-quarter net loss narrowed to $130 million as it shifted more service to higher-profit international routes.The loss a year earlier was $2 billion, Atl...
DATE: Apr 24, 2007
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