49296 results returned for search: "" category ("Other" AND "Business")
All Bermudian ownership in telecommunications would be wiped out within a year, if Government’s proposals for the industry were to be implemented.
That is the view of one of a group of local internet service providers (ISPs) who met Environment, Tele...
DATE: Jan 18, 2007
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AUTHOR:
Jonathan Kent
DALLAS (AP) — The union representing pilots at American Airlines blasted management yesterday over future stock payments to executives that the union said could rival or exceed the company's profit for all of 2006, $231 million.The payments, due in m...
DATE: Jan 18, 2007
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Financial institutions led the way as The Royal Gazette/Bermuda Stock Exchange (BSX) Index climbed nearly 52 points yesterday.
LOM (Holdings) Ltd. was the biggest climber, as its stock value increased 23.2 percent (65 cents) to $3.45, on sale of 2,00...
DATE: Jan 18, 2007
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WASHINGTON (Bloomberg) — The US Senate Finance Committee yesterday voted to impose penalties on companies that redomiciled in Bermuda for tax-avoidance reasons between March 2002 and March 2003 and for a $1-million limit on executive compensation tha...
DATE: Jan 18, 2007
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NEW YORK (AP) — Wall Street finished mixed yesterday after the Federal Reserve reported slow but steady regional economic growth, deflating hopes for an interest rate cut that were already dampened by a larger-than-expected producer price index.Inves...
DATE: Jan 18, 2007
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MUNICH (Bloomberg) ? Munich Re, the world's second-biggest reinsurer, reiterated that it expects 2006 net income of between 3.2 billion ($4.2 billion) and 3.4 billion.
Munich Re also reaffirmed a forecast for spending on non- life reinsurance claims ...
DATE: Jan 18, 2007
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WASHINGTON (Reuters) - Rep. Barney Frank, the head of the House Financial Services Committee, vowed yesterday to look into an alleged “failure in the insurance system” related to Hurricane Katrina.“We have received from our congressional colleagues w...
DATE: Jan 18, 2007
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DATE: Jan 18, 2007
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The company?s board boosted the dividend to 19 cents from 17 cents, New York-based Marsh & McLennan said in a statement today. Chief executive officer Michael Cherkasky said last month that he would recommend such an increase. It?s payable on Februar...
DATE: Jan 18, 2007
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TALLAHASSEE (Reuters) ? State lawmakers looking to overhaul Florida?s troubled property insurance market are wrestling with proposals that would give the state government a much bigger role in insurance.
Eight hurricanes caused more than $30 billion ...
DATE: Jan 18, 2007
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