49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) — UK Treasury Minister Ed Balls said yesterday that Britain’s principles-based financial regulatory regime was helping to attract business to London.“We have a principles-based and a risk-based approach to regulation which has proved...
DATE: Nov 17, 2006
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Arlington Tankers Ltd., a Bermuda-based transportation company, filed with regulators on Thursday to periodically sell up to $150 million in common and preference shares, debt securities, and warrants.
The company said in a registration statement wit...
DATE: Nov 17, 2006
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Bermuda-based Security Capital Assurance Ltd. said yesterday that it had received a subpoena from federal prosecutors investigating whether banks and financial firms conspired to rig bids for investment deals with local governments.
Security Capital,...
DATE: Nov 17, 2006
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Nine of Oil Insurance Ltd.’s shareholder members are withdrawing from the energy industry mutual effective January 1, 2007, the company announced.
OIL, a mutual insurer that covers the energy industry, said in a statement that nine shareholder member...
DATE: Nov 17, 2006
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LONDON (Bloomberg) — Legal & General Group Plc, Britain’s fourth-biggest insurer, said it has about $1 billion ($1.89 billion) of excess capital that it may redistribute to shareholders.“As we achieve greater clarity from current regulatory and taxat...
DATE: Nov 16, 2006
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WASHINGTON (AP) — Federal law enforcement efforts have been hampered by the absence of information on company ownership, allowing shell companies to be used to launder money and evade taxes, government officials told Congress.US states grant incorpor...
DATE: Nov 16, 2006
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HONG KONG (Bloomberg) — Mandarin Oriental International Ltd., which manages luxury hotels in Asia, Europe and the Americas, said it will run a new 145-room resort near Marrakech, Morocco scheduled to open in 2009.The Mandarin Oriental Jnan Rahma is b...
DATE: Nov 16, 2006
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SYDNEY (Bloomberg) — Macquarie Global Property Advisors, a real estate fund manager backed by Australia’s largest securities firm, agreed to sell European business park developer Akeler for about $640 million ($1.2 billion).The Bermuda-based asset ma...
DATE: Nov 16, 2006
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BOSTON (Bloomberg) ? Tyco International Ltd., the conglomerate that?s splitting into security, health-care and electronics companies, said fourth-quarter profit rose 38 percent on higher sales of electrical connectors and safety products.
Net income ...
DATE: Nov 16, 2006
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WASHINGTON (AP) ? Attempting to address the rising incidence of fraud in the fast-growing hedge fund industry, the Securities and Exchange Commission is planning action soon that would limit the number of ordinary investors able to put their money in...
DATE: Nov 16, 2006
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