Log In

UPDATE 3-AIG board meet may set ball rolling on AIA IPO -sources AIA IPO the most likely outcome - sources AgBank IPO demand helps case for AIA IPO -source Four Chinese consortiums approach AIG to buy AIA - report (Recasts, adds fresh source comment)...

BRUSSELS (Reuters) - European Union finance ministers gave the final approval yesterday to Estonia joining the euro zone from the start of 2011 and set an exchange rate for the conversion of Estonian kroon into euros. Estonia will become the 17th mem...

Bermuda Aviation Services Ltd. dropped six percent (30 cents) to $4.70, with 2,600 shares traded on The Bermuda Stock Exchange (BSX) yesterday. Argus Group Holdings Ltd. transacted 3,200 shares, Butterfield Bank (1,268 shares), BF&M Ltd. (500) and th...

LONDON (Bloomberg) – British Airways Plc's cabin-crew union appealed to investors at their annual meeting to press for a compromise in an 18-month dispute over pay and staffing levels. CEO Willie Walsh told the gathering that there'll be "no fudging"...

LISBON (Reuters) – Portugal's debt-ridden economy will struggle to grow next year, its central bank and Moody's Investor Service said yesterday, as the credit agency cut the country's rating and forecast more austerity in 2011. The two-notch downgrad...

NEW YORK (Bloomberg) – Alcoa Inc., the largest US aluminium producer, reported second-quarter sales and profit that beat analysts' estimates and forecast higher global demand for the metal, which may signal broader economic growth. Alcoa gained in Eu...

ATHENS (Bloomberg) – Greek Finance Minister George Papaconstantinou said the government may resume bond sales next year as he welcomed an auction of Treasury bills at a rate below what the country pays for European aid. Greece yesterday sold 1.625 bi...

Bermuda-based First Atlantic Commerce (FAC) has joined forces with Mexican transactional payments firm Mercadotecnia Ideas y Tecnología (MITec) and global online alternative cash payment provider Ukash® for the launch of Ukash voucher payment solutio...

A lot has changed since I reviewed travel websites four years ago. Now the best ones reflect the new realities of travel, and offer to include luggage fees in fare calculations. That helps because $15 or $25 applied each way can turn a good deal sour...

LONDON (Bloomberg) – Burberry Group Plc, the UK's largest luxury retailer, posted a 27 percent gain in first-quarter sales, beating analysts' estimates, led by growth in Asia and deliveries to wholesale customers. Revenue in the three months ended Ju...