49296 results returned for search: "" category ("Other" AND "Business")
KABUL, Afghanistan (AP) — Afghanistan’s national airline could be days from collapse due to corruption, mismanagement and a crippling airplane lease that has drowned the struggling airline in debt.The government is scrambling to court investors to pr...
DATE: Mar 30, 2007
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LONDON (Bloomberg) — Lloyd’s of London, the world’s biggest insurance market, returned to profit in 2006, helped by lower claims and higher rates for hurricane coverage.Pretax profit last year was $3.7 billion ($7.3 billion), compared with a loss of ...
DATE: Mar 30, 2007
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A.M. Best has downgraded the financial strength rating of Bermuda-based The Steamship Mutual Underwriting Association Ltd. and its UK operation Steamship London to B++ (Good) from A- (Excellent). The outlook for both ratings is stable.
Best said its ...
DATE: Mar 30, 2007
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Fairmont Bermuda announced the hiring or promotion of 11 Bermudians in the first quarter of 2007.
Stanley Ray has been promoted to director of catering for the Fairmont Hamilton Princess. Mr. Ray brings a wealth of food & beverage/hospitality experie...
DATE: Mar 30, 2007
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Former Time Warner Cable/AOL senior manager Terry Roberson has been announced as the the new general manager of Bermuda CableVision, replacing Jeremy Elmas who held the post for six years.
Mr. Roberson took over in October last year but has had to aw...
DATE: Mar 30, 2007
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LONDON (Reuters) — A surge in retail sales and an unexpectedly big rise in British mortgage lending suggest three interest rate hikes since August have failed to curb consumer spending and make another rise look all the more imminent.Data released ye...
DATE: Mar 30, 2007
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HOUSTON (Reuters) — Bermuda-based Nabors Industries Ltd. , the world’s biggest land-based oil and gas driller, said yesterday its first-quarter earnings would fall well short of Wall Street estimates after weather disrupted its North American rig act...
DATE: Mar 30, 2007
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Bermudians with non-Bermudian spouses could find themselves unable to buy a home on the Island because of the way a piece of proposed legislation has be drafted, it is claimed.
And even Bermudians who are gifted money from a non-Bermudian parent to h...
DATE: Mar 30, 2007
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AUTHOR:
Scott Neil
SEATTLE (AP) — American Airlines wants 47 Boeing 737s four years earlier than its original request, a move that industry experts said could signal a wave of orders for new passenger jets.American, based in Fort Worth, Texas, disclosed this week that ...
DATE: Mar 30, 2007
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LONDON (Reuters) — Britain’s consumer watchdog yesterday launched an in-depth investigation into retail bank charges, saying it shared the public concern about “the level and incidence” of current account charges.The Office of Fair Trading (OFT) said...
DATE: Mar 30, 2007
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