49296 results returned for search: "" category ("Other" AND "Business")
MADRID (AP) — Spain's biggest labor union yesterday called a civil servants strike next month to protest government plans to cut salaries as part of a plan to reduce the deficit.
The General Workers Union said the stoppage would be staged on June 2.
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DATE: May 14, 2010
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Company Q1 Net income Q1 Cat Losses Est. oil rig losses
Ace $755 million $44 million -
Arch $210.5 million up to $65 -
Argo $20.7 million $22 million -
Aspen $18.3 million $102 million (after tax) -
Allied World $133.7 million up to $75 million -
Axi...
DATE: May 14, 2010
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NEW YORK (Bloomberg) — Bermuda-based Teekay Corp., the world's largest oil-tanker owner, reported a first-quarter loss of $14 million as shipping rates declined.
The loss was 19 cents a share, compared with a profit of $81.5 million, or $1.12 a share...
DATE: May 14, 2010
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Shares of Bermuda-based business insurer XL Capital Ltd. surged nearly nine percent yesterday after the company announced it would retain its place in the S&P 500 Index after its redomestication to Ireland.
XL shareholders have approved the company's...
DATE: May 13, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - A dose of good economic news sent stocks sharply higher yesterday took the average down nearly 1,000 points. The technology-dominated Nasdaq composite index led major indexes with a two percent gain. Investors moved into tech stocks a...
DATE: May 13, 2010
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Former Lines Overseas Management (LOM) president Brian Lines suggested to attorneys that they destroy a letter that referred to a deal involving the Bermuda-based broker and investment company because it would not look good to regulators.
The evidenc...
DATE: May 13, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
Costas Miranthis will succeed Patrick Thiele as chief executive officer of PartnerRe from the start of next year, the company announced last night.
Mr. Thiele announced last week that he intends to retire at the end of the year after leading the Berm...
DATE: May 13, 2010
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Financial journalist David Marchant has drawn criticism from LOM for what the company claims is his unbalanced coverage of the SEC case.
The former Royal Gazette business journalist's stories on the case have appeared on his OffshoreAlert website, wh...
DATE: May 13, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
LONDON - Aerospace and defence stocks helped drive Britain's top share index higher with investors relieved over the formation of a new government, while outsourcing companies were also in demand.
The FTSE 100 index closed up 49.24 points, or 0.9 per...
DATE: May 13, 2010
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TORONTO (Reuters) - Toronto's main stock index rose for a third straight session yesterday as concerns eased about euro zone debt problems and their impact on economic recovery.
The index's big energy, materials and financial groups led the charge hi...
DATE: May 13, 2010
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