49296 results returned for search: "" category ("Other" AND "Business")
ZURICH (Bloomberg) — Natural and man-made catastrophes in 2006 cost insurers $15 billion in losses, the lowest amount in almost a decade, according to Swiss Reinsurance Co.
“After years of record losses, property insurers appear to be getting off lig...
DATE: Dec 21, 2006
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SAN JOSE, California (AP) — LM Ericsson’s plan to buy Redback Networks Inc. for $2.1 billion is a sign of how the popularity of Internet video is expected to drive demand for broadband network upgrades.Analysts said yesterday the acquisition also plu...
DATE: Dec 21, 2006
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TORONTO (Reuters) — The Toronto Stock Exchange’s main index closed just slightly higher yesterday as a retreat by oils and miners was countered by gains in the financial and information technology sectors.The S&P/TSX composite index rose only 1.45 po...
DATE: Dec 21, 2006
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CSR sued Bermuda-based Ace and other insurers in 1995, claiming on policies between 1978 and 1989, the Sydney-based company said in a statement yesterday. The agreement concludes the company?s claims against all the defendants, other than those CSR b...
DATE: Dec 21, 2006
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BRUSSELS, Belgium (AP) — Airlines that fly within the European Union will have to trade pollution allowances beginning in 2011, the European Commission said yesterday — which could see travellers pay more when flying between Bermuda and the UK and al...
DATE: Dec 21, 2006
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NEW YORK (Bloomberg) — Private equity funds are investing earlier in new energy companies and taking more risk to generate acceptable returns as competition for experienced executives in the industry increases, Lime Rock Partners Co-founder Jonathan ...
DATE: Dec 21, 2006
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When Jeff Conyers and seven other business people pooled resources to found Bermuda’s first independent brokerage firm back in 1991, there was no shortage of people telling them their enterprise would flop.
But with hindsight, it is clear the gamble ...
DATE: Dec 21, 2006
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AUTHOR:
Jonathan Kent
The Royal Gazette/Bermuda Stock Exchange Index closed unchanged for a second straight day yesterday.
Butterfield Bank saw the main activity as 500 of its shares changed hands for $56.25. Meanwhile, HSBC Holding plc sold 100 shares at a price of $18.3...
DATE: Dec 21, 2006
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ZURICH (Bloomberg) ? Natural and man-made catastrophes in 2006 cost insurers $15 billion in losses, the lowest amount in almost a decade, according to Swiss Reinsurance Co.
?After years of record losses, property insurers appear to be getting off lig...
DATE: Dec 21, 2006
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CATEGORY:
Other
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BEIJING (Bloomberg) — The yuan held near its highest close since the end of a dollar link as China may allow faster currency gains to prevent its record trade surplus from further increasing foreign-exchange reserves.China can let the yuan strengthen...
DATE: Dec 21, 2006
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