49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based life reinsurance specialist Scottish Re Group Ltd. hopes to complete its $600-million rescue deal with two private equity firms within the next four weeks.
MassMutual Capital Partners and affiliates of Cerberus Capital Management will e...
DATE: Apr 18, 2007
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OSLO (Bloomberg) — Bermuda-based Seadrill Ltd., an oil-rig company, raised 909 million kroner ($152 million) selling shares to help finance a higher, mandatory offer to buy the rest of Eastern Drilling ASA.Seadrill, which already owns 53 percent of t...
DATE: Apr 18, 2007
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My experience in buying a new laptop a couple of weeks ago is an example of why you should not trust a salesman when he or she tries to sell you the “extras”.I had made a decision while on holiday in Canada to buy an HP Pavilion dv9303 from the Best ...
DATE: Apr 18, 2007
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ZUG, Switzerland (AP) — Converium Holding AG, a reinsurance company fighting a takeover bid by SCOR SA, said yesterday it is suing the French company and Patinex AG for alleged violations of American securities law.Converium says SCOR unlawfully excl...
DATE: Apr 18, 2007
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SAN JOSE, California (AP) — Benefiting from its rapid shift to a new chip-making process and a big tax windfall, Intel Corp.’s first-quarter profit surged 19 percent as lower production costs helped the company withstand another round in a fierce pri...
DATE: Apr 18, 2007
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LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the world's biggest oil-tanker company by capacity, ordered two crude oil-carrying vessels from Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Group Co. Ltd.Each will be able to haul 1 millio...
DATE: Apr 18, 2007
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Bermuda-based Catlin Group Ltd. is dipping its toes into the Chinese insurance market as part of the Lloyd’s of London’s new reinsurance operation which opened in Shanghai on Monday.
Industry experts are predicting that China will become the biggest ...
DATE: Apr 18, 2007
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AUTHOR:
Jonathan Kent
DUBAI (Bloomberg) — Qatar General Insurance & Reinsurance SAQ, an insurer operating in Qatar and the United Arab Emirates, said first-quarter profit more than doubled.Net income rose to 26.7 million riyals ($7.3 million), or 1.99 riyals a share, from...
DATE: Apr 18, 2007
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NEW ORLEANS (AP) — Allstate Insurance Co. must pay a Louisiana man who lost his home to Hurricane Katrina more than $2.8 million in damages and penalties, a federal jury decided yesterday in a case that hinged largely on whether it was wind or storm ...
DATE: Apr 17, 2007
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LONDON (Bloomberg) — The pound surged to its highest in 15 years against the dollar as reports showing faster inflation stoked speculation the Bank of England will raise interest rates twice more this year.The currency rose for a fifth straight day a...
DATE: Apr 17, 2007
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