49296 results returned for search: "" category ("Other" AND "Business")
BERLIN (AP) – Sweden's SEB AB says it is selling its German retail banking business to Banco Santander of Spain in a deal worth 555 million euros ($702 million).
SEB said yesterday that the sale will allow it to concentrate on "core areas of competit...
DATE: Jul 13, 2010
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The US property/casualty industry's net premiums written receded for an unprecedented 10th consecutive quarter as the soft market continued for insurers.
That is according to AM Best Co.'s special report on US property/casualty, which revealed that n...
DATE: Jul 12, 2010
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Shares of Ace Ltd. soared nearly five percent on Friday after the news that the company is to be readmitted to the Standard & Poor's 500 Index.
The global property and casualty insurer, which has substantial operations in Bermuda, was picked to repla...
DATE: Jul 12, 2010
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) - The number of UK companies missing sales and earnings targets may increase as the government's spending cuts to reduce the budget deficit hit the "fragile" recovery, Ernst & Young said.
While the number of companies issuing profi...
DATE: Jul 12, 2010
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ROME (Bloomberg) - The break-up of the euro area would save the 16-nation region from years of economic stagnation by boosting weaker members' competitiveness as well as domestic demand in Germany to spark growth, Capital Economics said.
"The threate...
DATE: Jul 12, 2010
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NEW YORK (Reuters) - The US stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning this week could give an edge to the bulls.
Analysts turned increasingly bearish b...
DATE: Jul 12, 2010
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Argus Group Holdings Ltd. today announced a net full-year loss of $18.4 million - due mainly to the plunge in value of its stake in Butterfield Bank after what chief executive officer Gerald Simons described as a “challenging year”.
The insurer, pen...
DATE: Jul 12, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
Bermuda Aviation Services Ltd. (BAS) boosted its profits by almost $2.5 million during fiscal 2010 after Government was ordered by Bermuda's Supreme Court to pay more than $445,000 in damages and costs for contravening the company's exclusive rights ...
DATE: Jul 12, 2010
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NEW YORK (Bloomberg) - Canadian stocks rose for a fourth day, led by banks and gold producers, after a government report showed the economy created almost five times as many jobs as economists estimated and metal prices rallied.
Research In Motion Lt...
DATE: Jul 12, 2010
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HONG KONG (Bloomberg) - China's government confirmed that it renewed Google Inc.'s Internet license, after the US company's local venture pledged to allow its web content to be supervised by regulators, the official Xinhua news agency said.
Beijing G...
DATE: Jul 12, 2010
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