49296 results returned for search: "" category ("Other" AND "Business")
PARIS (Bloomberg) - Air France-KLM Group and British Airways plc. were among 11 carriers fined a total of 799.4 million euros ($1.1 billion) by European Union (EU) regulators for co-ordinating air-cargo fuel and security surcharges.
Air France and it...
DATE: Nov 12, 2010
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The number of insurance companies set up in Bermuda this year rose to 28, according to the latest figures released by The Bermuda Monetary Authority (BMA).
The BMA's Monthly Registration Statistics for October 2010 revealed that two re/insurers were ...
DATE: Nov 12, 2010
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Bermuda-based re/insurer Aspen Insurance Holdings Ltd. has capitalised on its low stock market valuation to buy back $200 million of its own shares.
Meanwhile, Bermuda competitor Allied World Assurance Company Ltd. announced it is selling $300 millio...
DATE: Nov 12, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Argo Group International Holdings Ltd. said yesterday its subsidiary Alteris Inc. had acquired US-based fine art title insurer Aris Title Insurance Corporation.
Aris, a statutory insurance company domiciled in New York, was acquired thr...
DATE: Nov 12, 2010
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NEW YORK (Reuters) - Cisco's discouraging outlook dragged Wall Street lower yesterday, but the market fought back in a sign the bullish trend remains intact.
Cisco lost 16.2 percent to $20.52 after its earnings report. Major indexes plunged shortly a...
DATE: Nov 12, 2010
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ROME (Bloomberg) - Italy is perceived to be so immune to the European debt crisis that even the potential fall of its government is not driving up borrowing costs as much as in Ireland, Portugal and Greece.
The extra yield investors demand to hold Po...
DATE: Nov 12, 2010
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Argus Group Holdings Ltd. slipped 9.22 percent (58 cents) to $5.71 on The Bermuda Stock Exchange (BSX) on Wednesday.
The insurer traded 1,240 shares during the day.
But in contrast BF&M Ltd. rose 1.84 percent (24 cents) to $13.25, with 3,000 shares c...
DATE: Nov 12, 2010
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Ariel Holdings Ltd. chairman Don Kramer described US insurance rival William Berkley as "extraordinarily self-centred" at a conference in Hamilton on Wednesday.
Mr. Kramer suggested that while Mr. Berkley was an outspoken supporter of the Neal bill, ...
DATE: Nov 12, 2010
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Ignition Bermuda Ltd. has merged consultants from fellow Bermuda IT firm The Omni Group into its team.
In a statement released yesterday, the IT services provider said Omni customers would be switched over to Ignition with immediate effect.
Ignition ...
DATE: Nov 12, 2010
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AUTHOR:
Jonathan Kent
DUBLIN (Reuters) - Ireland warned yesterday that a surge in its borrowing costs to record highs had become "very serious" and the EU said it was ready to act should the humbled former "Celtic Tiger" require a rescue from its euro partners.
European o...
DATE: Nov 12, 2010
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