49296 results returned for search: "" category ("Other" AND "Business")
MELBOURNE (Reuters) - BHP Billiton and Rio Tinto ditched plans to form the world's biggest iron ore joint venture, in a victory for steelmakers that could prompt both miners to step up competing expansions.
The announcement marked the second failed a...
DATE: Oct 19, 2010
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Hardy Underwriting Bermuda Ltd. yesterday rejected a $250 million takeover bid from Beazley plc.
Hardy, which moved its domicile from London to Bermuda in 2008, said its board voted unanimously to reject the approach.
Beazley said yesterday it had of...
DATE: Oct 19, 2010
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AUTHOR:
Jonathan Kent
More than half of professionals would turn back the clock and change their career paths if they could, a new survey in New Zealand by not-for profit the Workchoice Trust has revealed.
The survey, completed by over 200 mainly university-educated profe...
DATE: Oct 19, 2010
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Bermuda-based Seadrill has entered into an agreement for the construction of two jack-up drilling rigs with Jurong Shipyard (JSPL) in Singapore.
The new units are scheduled for delivery in the fourth quarter of 2012 and first quarter of 2013 respecti...
DATE: Oct 19, 2010
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Butterfield Bank is using some advice from major shareholder the Carlyle Group to help ensure that the investment problems that plagued it over the past three years cannot happen again.
The bank's new chief financial officer Brad Rowse told The Royal...
DATE: Oct 19, 2010
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AUTHOR:
Jonathan Kent
NEW DELHI (Bloomberg) - Coal India Ltd., the world's biggest producer of the fuel, received as much as 52.3 billion rupees ($1.2 billion) of bids on the first day of the nation's largest initial public offering (IPO).
Investors bid for 213.49 million...
DATE: Oct 19, 2010
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The Bermuda Stock Exchange opened and closed at 1,264.21 yesterday with 330 shares worth US$15,510 traded.
Butterfield Bank was the main trader with 10 shares changing hands, but its share price held firm at 1,000.
The BSX Insurance Index was also un...
DATE: Oct 19, 2010
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MOSCOW (AP) - British oil company BP has agreed to sell its energy assets in Venezuela and Vietnam to its Russian joint venture for $1.8 billion, the companies said in a statement yesterday.
The deal is part of a series of sales BP plc. is making to ...
DATE: Oct 19, 2010
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NEW YORK (Reuters) - Citigroup Inc. reported its third straight quarterly profit, beating forecasts and boosting optimism that the banking sector is on track to recover even amid a tepid economic expansion.
Relief about the improving results, bolster...
DATE: Oct 19, 2010
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TORONTO (Reuters) - Toronto's main stock index closed higher yesterday in a broad advance led by financial issues, which were supported by a healthier profit at Citigroup and an acquisition by Royal Bank of Canada.
The Toronto Stock Exchange's S&P/TS...
DATE: Oct 19, 2010
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