49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — Eurostar Group Ltd., the operator of high-speed trains through the Channel Tunnel, will spend £700 million ($1.1 billion) to buy 10 new expresses and add routes in a bid to fend off competition from Deutsche Bahn AG.
Eurostar, wh...
DATE: Oct 08, 2010
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British insurance giant Amlin yesterday completed the change in domicile of its Bermuda-based reinsurance unit to Switzerland.
But on announcing the news yesterday, Amlin made a point of stressing its ongoing commitment to the Bermuda market.
The mov...
DATE: Oct 08, 2010
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AUTHOR:
Jonathan Kent
Bermuda yesterday signed a tax information exchange agreement (TIEA) with India at a ceremony in New Delhi.
Premier Ewart Brown, who is in the Indian capital to attend the ongoing Commonwealth Games, signed the document, along with India's Minister o...
DATE: Oct 08, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Allied World Assurance Company Holdings Ltd. yesterday announced that its Bermuda and London operations, together with Latin American Underwriters (LAU), will begin underwriting trade credit and political risk insurance, effective immed...
DATE: Oct 08, 2010
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XL Group plc chief executive officer Mike McGavick has dismissed claims that he might be tempted to return to US politics.
A report last month from FBR Capital Markets speculated that XL was an attractive takeover target for larger insurers and sugge...
DATE: Oct 08, 2010
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AUTHOR:
Jonathan Kent
The Fairmont Southampton has announced that its Willow Stream spa has been recognised as one of the "Top Hotel Spas in the Caribbean" in the Travel and Leisure 15th annual World's Best Awards Readers' Poll.
The Willow Stream Spa was ranked eighth wit...
DATE: Oct 08, 2010
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LONDON (BestWire) - On the strength of strategic corporate decisions on domiciling and investment, Switzerland is emerging as an important insurance center, according to Nick Bacon, chief executive officer of broker Bowring Marsh.
A survey by Bowring...
DATE: Oct 08, 2010
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NEW YORK (AP) — PepsiCo Inc.'s third-quarter net income rose 12 percent on strong sales gains abroad and strength in its drinks and Frito-Lay snacks.
The company lowered the top end of its guidance for the fiscal year because of investments to expand...
DATE: Oct 08, 2010
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LONDON (AP) — Average house prices in Britain fell 3.6 percent in September from a month earlier, the country's biggest mortgage lender said yesterday, although analysts believe the market isn't that weak. Halifax said its more accurate three-month a...
DATE: Oct 08, 2010
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Shares of Butterfield Bank dipped 6.7 percent yesterday, delivering a blow to The Royal Gazette/Bermuda Stock Exchange Index.
The bank fell 10 cents to close the day on $1.40, as 37,448 shares changed hands.
No other local stocks traded on the BSX.
T...
DATE: Oct 08, 2010
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