49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — Hiscox Ltd., the Lloyd’s of London insurer that moved to Bermuda last year, returned to profit in the second half of 2006 after catastrophe claims fell and income surged at the international unit.Net income in the last half of th...
DATE: Mar 13, 2007
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Tucker's Point Club's public relations team has been given a silver award from the Hospitality Sales & Marketing Association International in recognition of excellence for its winning entry in the annual Adrian Awards competition.
More than 800 trave...
DATE: Mar 13, 2007
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AUTHOR:
Scott Neil
LONDON (AP) — Alliance Boots PLC, Britain’s largest chain of pharmacies, rejected a $9.7 billion ($18.7 billion) takeover proposal yesterday.Alliance Boots said the 1,000 pence ($19.32) per share offer from Kohlberg Kravis Roberts & Co. and its large...
DATE: Mar 13, 2007
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Stephen Catlin has come around to accepting the increasingly mooted argument that global warming will be a significant factor in increasing insurers’ losses in years to come.
The chief executive officer of the Bermuda-based Catlin Group, the biggest ...
DATE: Mar 13, 2007
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NEW YORK (Reuters) — Donald Trump’s casino company said yesterday it hired Merrill Lynchto help it weigh strategic options for financing, capital structure and other alternatives.The company, Trump Entertainment Resorts Inc., said there could be no a...
DATE: Mar 13, 2007
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NEW YORK (AP) — Wall Street's recovery from last month's plunge gained momentum Monday, with stocks rising as investors looked past widening cracks in the subprime lending sector and bought in response to another parade of acquisition deals.A warning...
DATE: Mar 13, 2007
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NEW YORK (Bloomberg) — New Century Financial Corp., the second-biggest US subprime lender, said yesterday it does not have the cash to pay creditors who are demanding their money now, increasing speculation that the company will go bankrupt.Shares of...
DATE: Mar 13, 2007
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DUBLIN (Bloomberg) — Nick Leeson, the rogue trader whose wrong-way bets on Japanese stocks ruined Britain’s oldest merchant bank, said he may go back to trading full-time with only his own money at stake.Leeson said he trades “when I get the time” an...
DATE: Mar 12, 2007
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LONDON (Reuters) — Bermuda-based insurer Catlin Group Ltd. reported better-than-expected pretax profit for 2006, due to the acquisition of rival Wellington, high prices and low hurricane claims, and delivered a confident outlook, lifting its shares.T...
DATE: Mar 12, 2007
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NEW YORK (AP) — Wall Street appears to have regained some stability after its nosedive two weeks ago, but investors aren’t ruling out more turbulence if upcoming data shows consumers are spending less in the face of rising costs.This week will bring ...
DATE: Mar 12, 2007
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