49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) American International Group Inc., the world’s largest insurer, agreed to buy DP World’s six US port terminals after the Dubai-owned company was forced to sell under pressure from US lawmakers.AIG’s asset management and private ...
DATE: Dec 12, 2006
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The Royal Gazette./Bermuda Stock Exchange index closed unchanged yesterday as bidders and sellers disagreed widely on the valuations of local stocks.
The Index held at 4,837.22 on volume of 5,321 shares worth $299,463.50.
Butterfield Bank dominated t...
DATE: Dec 12, 2006
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BOSTON (Bloomberg) — Tyco International Ltd. named more than 30 managers for its health-care and electronics divisions yesterday in preparation for spinning off the units next year.The staff will report to Rich Meelia, 57, who has run the health-care...
DATE: Dec 12, 2006
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MUMBAI (Bloomberg) — Swiss Reinsurance Co., the world's largest reinsurer, agreed to buy a 26 percent stake in an Indian health-care company, seeking to tap a health insurance industry it forecasts will grow 15-fold by 2015.Zurich-based Swiss Re will...
DATE: Dec 12, 2006
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TORONTO (Bloomberg) — Canadian stocks fell for a second day as shares of financial companies including Canadian Imperial Bank of Commerce declined before today’s interest rate decision from the US Federal Reserve.“There’s some repositioning going on ...
DATE: Dec 12, 2006
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STRATFORD, Conn. (AP) - A federal overseer is accusing Sikorsky Aircraft of failing to address repeated complaints about delays and quality issues in its production of U.S. military helicopters, according to a report published Friday.
The company off...
DATE: Dec 12, 2006
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LONDON (AP) — Brazilian steelmaker CSN raised the stakes in the takeover war for Britain's Corus Group Plc yesterday, making a $4.9 billion ($9.6 billion) bid that topped a sweetened offer by Tata Steel of India.Companhia Siderurgica Nacional SA's of...
DATE: Dec 12, 2006
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LONDON (Bloomberg) ? A British court yesterday refused to force Bermuda-based insurance magnate John Charman to pay the remainder of a record ?48 million ($94 million) divorce settlement to his ex-wife, saying the award may be lowered on appeal.
Char...
DATE: Dec 12, 2006
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Canadians banking their investments in Bermuda appear to be in the cross hairs of government tax collectors.
?The federal government (should) eliminate the use of tax havens in an effort to ensure that all corporations, businesses and individuals pay...
DATE: Dec 12, 2006
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Three senior managers at Bermuda Commercial Bank have been named to its board of directors.
They replace former chairman John Deuss, former managing director Timothy Ulrich and Tineke Deuss, all of whom resigned in connection with an investigation in...
DATE: Dec 12, 2006
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