49296 results returned for search: "" category ("Other" AND "Business")
PARIS (Reuters) - France's Constitutional Council approved President Nicolas Sarkozy's pension bill yesterday, clearing the last hurdle to a reform that will raise the retirement age by two years to stem a huge pension deficit.
Despite a late challen...
DATE: Nov 10, 2010
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Florida has lowered its reinsurance market entry barriers for three more Bermuda reinsurers.
Ace Tempest Re, Hiscox Bermuda and Partner Re are the latest to have struck agreements with the Florida Office of Insurance Regulation for lower collateral r...
DATE: Nov 10, 2010
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AUTHOR:
Jonathan Kent
The heightened social, policy and regulatory risk of the past four years that has caused several Bermuda-based companies to redomicile will be greatly reduced over the next two years.
That is the view of Brad Kading, president and executive director ...
DATE: Nov 10, 2010
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Argus Group Holdings Ltd. fell 0.15 percent (one cent) to $6.29 on its return to trading on the Bermuda Stock Exchange (BSX) yesterday after a three-month voluntary suspension.
The insurer traded 2,800 shares during the day.
The only other trader was...
DATE: Nov 10, 2010
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DUBLIN (Bloomberg) — European Union Economic and Monetary Affairs Commissioner Olli Rehn said he's convinced that Ireland will overcome its crisis as investors dump the country's bonds and borrowing costs soar.
"It might feel a small consolation at t...
DATE: Nov 10, 2010
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LONDON (AP) — Former BP PLC chief Tony Hayward has acknowledged that the company was unprepared for the disastrous Gulf of Mexico oil spill and the media frenzy it spawned, and said the firm came close to financial disaster as its credit sources evap...
DATE: Nov 10, 2010
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LONDON (AP) — "Deprivation" vacations in the US involving boot-camp style resorts or extreme trekking, and an explosion of smartphone travel applications in Europe, are key trends in a post-recession global tourism industry, according to a new report...
DATE: Nov 10, 2010
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Bermuda Aviation Services (BAS) continued to produce strong results despite the recession as its posted net earnings of $1.45 million for the six-month period to September 30, 2010, according to a letter to shareholders from group president and CEO K...
DATE: Nov 10, 2010
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Marsh & McLennan's chief executive officer Brian Duperreault said he has seen evidence of an economic rebound.
"We are seeing some signs that the effects of the Great Recession are weakening," Bermudian Mr. Duperreault said yesterday in a conference ...
DATE: Nov 10, 2010
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BEIJING (AP) — British Prime Minister David Cameron focused on expanding business ties as his country's largest ever official delegation visited China yesterday in the latest European drive to win foreign contracts and spur sluggish home economies.
L...
DATE: Nov 10, 2010
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