49296 results returned for search: "" category ("Other" AND "Business")
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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Butterfield Bank reported record profits of $134.1 million for 2006 yesterday ? an increase of 22.6 percent compared with 2005.
Shareholders will feel the benefit of the bumper earnings as the Bank?s board decided to raise the quarterly dividend paym...
DATE: Feb 14, 2007
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Other
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AUTHOR:
Jonathan Kent
Bermuda company W.P. Stewart and Co., Ltd. yesterday reported net income of $11.6 million for the fourth quarter of 2006 ? up $8.8 million on the last three months of 2005.
Assets under management at the end of last year were approximately $8.1 billi...
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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BRUSSELS, Belgium (AP) — The German government is excessively protecting automaker Volkswagen AG, a senior adviser to the European Union’s highest court said yesterday.If confirmed by judges, the case could have a major impact on national authorities...
DATE: Feb 14, 2007
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Bermuda’s apparel stores are rebounding from a long-term slump that followed the closure of Front Street giant Trimingham’s.
In December last year, apparel sector sales jumped 15.5 percent, compared to the same month a year earlier — a fifth consecut...
DATE: Feb 14, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
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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CATEGORY:
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AUTHOR:
Scott Neil
From the age of six, Keisha Clarke dreamt about running her own clothes shop. Her dream is now a reality with "9.2.5" selling women's business clothing and stylish "dress down Friday" attire in Court Street.
And the opening of 9.2.5 is not the end of...
DATE: Feb 14, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
LONDON (Reuters) — British inflation slowed much more than expected in January as fuel costs fell, raising hopes the Bank of England's battle with rising prices is over.But economists say the BoE's new forecasts today will give a better indication of...
DATE: Feb 14, 2007
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CATEGORY:
Other
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Bermuda?s apparel stores are rebounding from a long-term slump that followed the closure of Front Street giant Trimingham?s.
In December last year, apparel sector sales jumped 15.5 percent, compared to the same month a year earlier ? a fifth consecut...
DATE: Feb 14, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent