49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — HSBC Holdings Plc, Europe’s biggest bank by market value, named Middle East head Niall Booker to be chief operating officer of a US unit which was hit with higher than expected loan delinquencies.Booker joins Prospect Heights, Il...
DATE: Mar 23, 2007
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TRENTON, New Jersey (AP) — L. Dennis Kozlowski, imprisoned for looting millions from Tyco International, the conglomerate he once headed, claims he’s not guilty and that jurors convicted him because of his huge salary.Kozlowski, now 60 and serving an...
DATE: Mar 23, 2007
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TOKYO (Bloomberg) Nikko Cordial Corp.’s largest shareholder, Harris Associates LP, rejected a sweetened $13.4 billion takeover offer from Citigroup Inc. as too low.Harris, which owns about 7.5 percent in Nikko, has no plan “at this stage,” to accept...
DATE: Mar 23, 2007
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NEW YORK (Bloomberg) — Shares of Orient-Express Hotels Ltd., the owner of luxury hotels and New York’s 21 Club restaurant, rose to a record after The Times reported it may be bought for about $3 billion.
Possible buyers include Von Essen Hotels 4 Ltd...
DATE: Mar 23, 2007
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There was no movement in the Royal Gazette / Bermuda Stock Exchange after a quiet day in which only shares of utility company Belco were traded.
The Exchange remained static at 5,066.11 after a total of 9,050 local shares valued at $208,200 were exch...
DATE: Mar 23, 2007
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Small construction firms could be forced out of business if a strict ratio of work-permits to apprentices policy becomes the rule in Bermuda.
That is the concern of the Construction Association of Bermuda, which is questioning the policy shift and ha...
DATE: Mar 23, 2007
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AUTHOR:
Scott Neil
BOSTON (AP) — American workers shouldn’t count on making up for inadequate savings by planning to work into their retirement years, since such plans are often doomed by unexpected health problems, Fidelity Investments said this week in releasing find...
DATE: Mar 23, 2007
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NEW YORK (Bloomberg) — Blackstone Group LP, the leveraged buyout firm that has spent the past two decades taking companies private, plans to raise as much as $4 billion by going public.The firm, founded in 1985 by former Lehman Brothers bankers Steph...
DATE: Mar 23, 2007
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ZURICH (Bloomberg) — Baloise Holding AG, a Swiss insurer, said second-half profit rose 60 percent as it made more money from investments and paid less for natural catastrophe claims.Net income climbed to 286.8 million Swiss francs ($236 million) from...
DATE: Mar 23, 2007
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Bermuda-based life reinsurance group Wilton Re yesterday reported that it has raised an additional $300 million in committed equity capital from Lehman Brothers Holdings, Inc.
Wilton chairman and chief executive officer Chris Stroup said the capital ...
DATE: Mar 23, 2007
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