49296 results returned for search: "" category ("Other" AND "Business")
Irish billionaire Denis O’Brien is to spend almost $1.4 billion buying out minority shareholders in his Caribbean telecoms group Digicel in a private placement of senior notes.
In a statement yesterday, Bermuda-based Digicel Group Ltd, which was form...
DATE: Feb 15, 2007
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NEW YORK (AP) — Wall Street stocks surged, pushing up the Dow Jones industrials by more than 100 points as a report that two companies are trying to buy Alcoa stoked investors’ hopes for a pickup in take-over activity.Australia-based mining companies...
DATE: Feb 14, 2007
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NEW YORK (AP) — Marsh & McLennan Companies Inc., the largest US insurance brokerage, yesterday reported a six-fold increase in profit for the fourth quarter on strong revenue growth in its insurance, risk and consulting businesses.The New York-based ...
DATE: Feb 14, 2007
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Today is St. Valentine’s Day and with increasing calls to liberate online music it is appropriate to haul out the phrase from Shakespeare’s Twelfth Night: “If music be the food of love, play on; Give me excess of it, that, surfeiting, The appetite ma...
DATE: Feb 14, 2007
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Her fluency in French was one of the factors for Cheryl Packwood deciding the Bermuda International Business Association (BIBA) would hold a reception in Paris after attending the MARHedge 12th Annual European Conference in Geneva.
The choice proved ...
DATE: Feb 14, 2007
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AUTHOR:
Scott Neil
ZURICH (Bloomberg) — Swiss Reinsurance Co., the world’s biggest reinsurer, said its property and casualty reinsurance portfolio grew by 14 percent in the January renewals following its acquisition of General Electric Co.’s Insurance Solutions unit.Th...
DATE: Feb 14, 2007
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The shake-up of the Florida insurance and reinsurance market, following a move by Florida legislators to double the size of the state-sponsored catastrophe insurance fund and the Citizens Property Insurance Corporation to give residents lower insuran...
DATE: Feb 14, 2007
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AUTHOR:
Scott Neil
FRANKFURT (Bloomberg) — Europe's economic growth accelerated more than forecast in the fourth quarter and an increase in German investor confidence suggested the momentum will be maintained in 2007.The gross domestic product of the euro area grew 0.9...
DATE: Feb 14, 2007
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WASHINGTON (Bloomberg) — The US trade deficit widened to a record for a fifth straight year in 2006 as American purchases of Chinese goods and imported oil overwhelmed an increase in exports.The gap between imports and exports expanded 6.5 percent to...
DATE: Feb 14, 2007
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NEW YORK (Bloomberg) — Scottish Re Group Ltd. shareholders should vote for a $600-million buy-out bid when they meet in Hamilton on February 23.That is the view of two investor advisory firms who believe the bid by Cerberus Capital Management LP and ...
DATE: Feb 14, 2007
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