49296 results returned for search: "" category ("Other" AND "Business")
TALLAHASSEE, Florida (AP) — The Florida Legislature yesterday overwhelmingly passed a bill members hope will lower the state’s skyrocketing property insurance rates and sent the measure to Gov. Charlie Crist, who said he would likely sign the bill th...
DATE: Jan 23, 2007
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PARIS (Bloomberg) — Areva SA, the world’s biggest maker of nuclear reactors, offered almost 600 million euros ($777 million) to buy wind-turbine supplier Repower Systems AG and tap rising demand for energy sources cleaner than fossil fuels.The cash b...
DATE: Jan 23, 2007
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Chronic delays in the processing of planning applications and building permits is starting to impact Bermuda’s economy and is one reason why some big projects are trying to short-cut the system by asking for controversial Special Development Orders (...
DATE: Jan 23, 2007
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AUTHOR:
Scott Neil
Bermuda-based White Mountains Insurance Group Ltd. renamed Ray Barrette as chief executive officer, replacing Steve Fass, the man who succeeded him in 2005. Mr. Barrette will also assume the role of chairman from Jack Byrne, who is leaving that post ...
DATE: Jan 23, 2007
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Sealift, a company created by Frontline to operate oil-rig transporters, raised $180 million in a share sale in which its parent bought a 33 percent stake. Frontline $167 million profit selling six single-hulled oil tankers to the Sealift unit for co...
DATE: Jan 23, 2007
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index dropped slightly yesterday, pulled down by falling Bermuda Commercial Bank Ltd. (BCB) stock.
BCB was the only issue to change value, losing 25 cents (2.6 percent) to close on $9.50 as 13,200 shar...
DATE: Jan 23, 2007
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Bermuda-based White Mountains Insurance Group Ltd. renamed Ray Barrette as chief executive officer, replacing Steve Fass, the man who succeeded him in 2005. Mr. Barrette will also assume the role of chairman from Jack Byrne, who is leaving that post ...
DATE: Jan 23, 2007
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CATEGORY:
Other
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TORONTO (Bloomberg) — Canadian raw-materials and industrial companies such as Alcan Inc. and Bombardier Inc. declined on concern that slowing economic expansion may curb profit growth.Energy producers including Petro-Canada climbed as colder weather ...
DATE: Jan 23, 2007
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Shares of some Bermuda reinsurance companies slipped yesterday as a catastrophe modelling company predicted insured losses could be as high as $10 billion from the storm which caused widespread damage in Europe last week.
RenaissanceRe Holdings Ltd. ...
DATE: Jan 23, 2007
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AUTHOR:
Jonathan Kent
TALLAHASSEE, Florida (Reuters) — Florida lawmakers were set to approve reforms yesterday to reduce skyrocketing state property insurance rates by doubling Florida’s financial exposure to catastrophic hurricane losses.Following severe rate hikes after...
DATE: Jan 23, 2007
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