49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Shares of PXRE Group Ltd. rose as much as 18 percent after the Bermuda-based reinsurer agreed to be acquired by Argonaut Group Inc. for $422.4 million in stock.The shares rose 48 cents, or 11 percent, to $4.94 at 11:49 a.m. in ...
DATE: Mar 15, 2007
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OSLO (Bloomberg) — Vin & Sprit AB has not been approached directly by potential buyers of the state-owned Swedish company or its Absolut vodka brand, chief executive officer Bengt Baron said.The distiller is among businesses in which Sweden’s governm...
DATE: Mar 15, 2007
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FRANKFURT, Germany (AP) — Reinsurer Hannover Re reported much stronger fourth-quarter and full-year results yesterday as fewer disaster claims and better investment income improved its bottom line.The company, among the world’s top five reinsurers, r...
DATE: Mar 15, 2007
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MADRID (Bloomberg) -- Pernod Ricard SA, the world's second-largest liquor company, yesterday won a legal victory over use of the Havana Club rum trademark in Spain.A court in Madrid barred Bacardi Ltd., the world's biggest rum maker, from using the b...
DATE: Mar 14, 2007
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A full-day conference on trust and estate business this Friday will take a close look at proposed new legislative changes in Bermuda.
A plan to bring in tough rules of registration regarding land trusts in Bermuda was withdrawn by Government at the s...
DATE: Mar 14, 2007
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AUTHOR:
Scott Neil
NEW YORK (AP) — Aquiline Capital Partners LLC, a private equity firm headed by the former head of Marsh & McClennan Companies Inc., announced on Monday that it had raised $1.1 billion in capital for its first fund, the Aquiline Financial Services Fun...
DATE: Mar 14, 2007
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Two months ago, Fred Poteet walked into a Sprint store to resolve some technical problems with his cell phone service. When he walked out, he had a new wireless contract — with Cox Communications Inc., his cable TV operator.
“Since I already had Cox ...
DATE: Mar 14, 2007
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NEW YORK (AP) — Stocks plunged driving the Dow Jones industrials down more than 240 points in their second-biggest drop of the year, as troubles piled up for subprime lenders.Investors, bracing for a wilting economy, fled the already deflated subprim...
DATE: Mar 14, 2007
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Gaffney to head Ace unitRobert Gaffney is to lead Ace’s newly-formed Global Services Unit as senior vice president.
He has rejoined Ace to take up the position after a spell with Liberty Mutual Alternative Markets, where he was president.
The announc...
DATE: Mar 14, 2007
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What a shame that the Computer Society of Bermuda (CSB) is unable to offer an overseas International Computer Driving License (ICDL) scholarship to a deserving student for the fall semester.
The ICDL, the sole funding source for the scholarship, had ...
DATE: Mar 14, 2007
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AUTHOR:
Ahmed Elamin
