49296 results returned for search: "" category ("Other" AND "Business")
OSLO (Bloomberg) — SeaDrill ASA, a Norwegian oil-rig company, may be looking to take over a US competitor after its planned share sale, Martin Huseby Karlsen, an analyst with DnB Nor Markets, said.The company, run from Stavanger, Norway, will ask sto...
DATE: Nov 23, 2006
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Bermuda-based reinsurers saw their their 2006 net income soar to $5 billion and their combined ratios plummet and after a relatively mild hurricane season, according to a recent report by Fitch Ratings.
But it warned that the likelihood of lower rate...
DATE: Nov 22, 2006
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SYDNEY, Australia (AP) — Australia’s national carrier, Qantas, said today it had been approached by Macquarie Bank and the Texas Pacific Group amid speculation of a takeover that could be worth more than 10 billion Australian dollars ($7.7 billion).T...
DATE: Nov 22, 2006
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SAN FRANCISCO (Reuters) — The long-rumoured arrival of a hybrid mobile phone and iPod music player from Apple Computer Inc. has morphed from a question of “If” to “When” among fans and analysts.Since Apple’s introduction of the iPod five years ago, t...
DATE: Nov 22, 2006
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LONDON (Bloomberg) — Kohlberg Kravis Roberts & Co. hired former HSBC Holdings Plc chairman Sir John Bond as a senior adviser as the buyout firm targets more companies in Asia.Bond, 65, spent 45 years at HSBC before retiring as chairman earlier this y...
DATE: Nov 22, 2006
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BILOXI, Mississippi (AP) — State Farm Insurance Co. will be the first of several major insurers to be investigated by Mississippi’s insurance commissioner over their handling of policyholders’ claims after Hurricane Katrina.Insurance Commissioner Geo...
DATE: Nov 22, 2006
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It is better to give than to receive, and many Bermuda businesses do just that at Christmas, setting aside a portion of their sales for charity.
One charity that is benefiting is the Cornerstone Foundation, the one-year-old charitable arm of Cornerst...
DATE: Nov 22, 2006
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CHICAGO (AP) — The bronze signs on the department store’s exterior walls still read Marshall Field’s, but to Rick Roche, the transformed ten-story Macy’s on Chicago’s State Street is an unwelcome invader.“They’re not going to get any of my business,”...
DATE: Nov 22, 2006
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SAN FRANCISCO (Bloomberg) — HCC Insurance Holdings Inc., a seller of property and casualty insurance, said its chief executive and general counsel resigned after accountants found misdated options that may require restatements of as much as $37 milli...
DATE: Nov 22, 2006
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The London branch of professional services firm Deloitte is calling for a tax break aimed at property catastrophe insurers to halt the exodus of insurers to Bermuda, The Financial Times reported this week.
The firm has warned that the departure of Ll...
DATE: Nov 22, 2006
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