49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based re/insurer Ironshore's Aviation division has entered a Treaty Reinsurance programme with the Starr Group to provide protection against commercial satellite risk.
The global space insurance programme provides coverages for satellite laun...
DATE: Jul 22, 2010
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AUTHOR:
Jonathan Kent
DALLAS (AP) — American Airlines is losing less money these days, but it's still on a losing streak that's approaching two years. Parent AMR Corp. said yesterday it lost $10.7 million in the second quarter.
That's a big improvement for American, the n...
DATE: Jul 22, 2010
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TORONTO (Reuters) - Toronto's main stock index fell sharply yesterday after US Federal Reserve Chairman Ben Bernanke said the US economy faces "unusually uncertain" prospects.
Bernanke said policymakers believe the US economy is still on the path to ...
DATE: Jul 22, 2010
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The Bermuda Stock Exchange (BSX) has approved the listing of the Bermuda Government's US$500 million, ten-year bond issue.
The 5.6 percent senior notes have mature on July 20, 2020. The BSX said yesterday that the listing was effective from July 20, ...
DATE: Jul 22, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The cream of the crop of Bermuda's international business students was on show at the Association of Bermuda International Companies (ABIC) Education Awards annual luncheon yesterday.
The ceremony, which was held at the Harbourfront Restaurant, saw a...
DATE: Jul 22, 2010
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NEW YORK (Bloomberg) — Primus Guaranty Ltd. hired investment bank Berkshire Capital Securities LLC to help it find a strategic partner to acquire its approximately $3.5 billion credit investment management business, according to a person familiar wit...
DATE: Jul 22, 2010
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HOUSTON (Bloomberg) — Former Stanford Financial Group executives shouldn't be forced to testify at an insurance-coverage trial about their roles in an alleged $7 billion fraud run by Allen Stanford before a criminal trial can be held, their lawyer sa...
DATE: Jul 22, 2010
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HONG KONG (Reuters) - American International Group Inc is set to elevate Goldman Sachs Group Inc to the top role for handling the initial public offering of its Asian life insurance unit, sources said yesterday, a deal that could raise around $15 bil...
DATE: Jul 22, 2010
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WASHINGTON (AP) — Federal Reserve chairman Ben Bernanke told Congress Wednesday the economic outlook remains "unusually uncertain," and the central bank is ready to take new steps to keep the recovery alive if the economy worsens.
Testifying before t...
DATE: Jul 22, 2010
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The Neal bill has come under fire from the German ambassador to the United States, who says it could violate the US-Germany tax treaty.
Ambassador Klaus Scharioth expressed the views of the German government a letter to Sander Levin, chairman of the ...
DATE: Jul 22, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
