49296 results returned for search: "" category ("Other" AND "Business")
Bermuda property-catastrophe reinsurer PXRe has seen one-third of its clients cut ties with the company after its business prospects were last month called into question after larger than expected losses from last year?s hurricanes.
And the group als...
DATE: Mar 30, 2006
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NEW YORK (Bloomberg) ? Shares of Accenture Ltd., the world?s second-largest consultant, fell the most in eight months after the company said it expects losses of $450 million from contracts with the UK National Health Service.
Higher-than-expected co...
DATE: Mar 30, 2006
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RenaissanceRe Holdings Ltd. has promoted to senior vice president of its catastrophe reinsurance unit. Mr. Curtis, 33, is responsible for underwriting international property catastrophe reinsurance business for the company?s largest business segment....
DATE: Mar 30, 2006
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NEW YORK (Bloomberg) ? Mexican billionaire Carlos Slim sold more than 12 percent of his stake in Global Crossing Ltd., taking advantage of a two-week surge in shares of the fibre-optic network operator.
Slim, the second-largest shareholder in Bermuda...
DATE: Mar 30, 2006
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The value of LOM (Holdings) Ltd. shares dropped by more than 40 percent yesterday, driving the Bermuda Stock Exchange Index down 25.20 points.
LOM, which has been engaged in a lengthy legal dispute with US regulator the Securities and Exchange Commis...
DATE: Mar 30, 2006
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LONDON (Reuters) ? The body overseeing a massive computer systems upgrade for Britain's National Health Service yesterday called for heads to roll at Accenture, one of the firms in charge, after it announced problems with the project.
Accenture is on...
DATE: Mar 30, 2006
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TORONTO (Bloomberg) ? Canada?s Standard & Poor?s/TSX Composite Index may retreat about 25 percent from an all-time high in the next year as oil and metal prices slide, according to Hans Black, chairman of Interinvest Global Management.
Shares of ener...
DATE: Mar 30, 2006
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Strengthening US and global economic conditions indicate an optimistic outlook for 2006, according to Vanguard economist Joseph Davis Ph.D.
Mr. Davis supports Vanguard's Investment Counselling and Research and Fixed Income Groups and he presented his...
DATE: Mar 29, 2006
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VIENNA, Austria (AP) ? Vienna?s public prosecutor issued arrest warrants yesterday for Phillip Bennett, the former head of the troubled New York commodities brokerage Refco Inc., and the son of a former president of the bank that lent Bennett hundred...
DATE: Mar 29, 2006
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EDINBURGH (Reuters) ? Well-heeled tourists, eager to rediscover the romance of an earlier era, are taking to the rails in increasing numbers on board trains with names that evoke the age of luxury travel.
The dark blue and gold coaches of the Venice ...
DATE: Mar 29, 2006
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