49296 results returned for search: "" category ("Other" AND "Business")
ATHENS/LONDON (Reuters) – A renewed selling frenzy gripped euro zone financial markets yesterday as concern mounted that a record EU/IMF bailout for Greece would not stop a debt crisis spreading in the single currency area.
Spanish Prime Minister Jos...
DATE: May 05, 2010
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Interest remained high in the Butterfield Bank $130 million rights offering, as more than 4.1 million rights were traded on the Bermuda Stock Exchange yesterday.
The rights, which give participants the right to buy shares at $1.21 rose a cent to eigh...
DATE: May 05, 2010
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NEW YORK (Bloomberg) — Bermuda-based XL Capital Ltd., the biggest gainer in the Standard & Poor's 500 Index last year, said first-quarter profit surged on improved investment results.
Net income rose to $143.9 million from $3.1 million in the same pe...
DATE: May 05, 2010
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DALLAS — Transocean Ltd., which owned the drilling rig that exploded in the Gulf of Mexico, eliminated bonuses for top executives last year over concerns about safety problems at the company.
The company said in a regulatory filing on April 1 that it...
DATE: May 05, 2010
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NEW YORK (AP) — Stocks plunged around the world yesterday as fears spread that Europe's attempt to contain Greece's debt crisis would fail. The euro fell to its lowest point against the dollar in a year.
The Dow Jones industrial average lost 225 poin...
DATE: May 05, 2010
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Net income: $143.9 million compared to $3.1 million in 2009.
Gross premiums written: $1.92 billion v $1.88 billion in 2009.
Combined ratio: 100.5 percent compared to 92.1 percent in 2009.
DATE: May 05, 2010
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LONDON (Reuters) – British manufacturing activity grew last month at its fastest rate in more than 15 years, a survey of purchasing managers showed yesterday, boosting hopes that the broader economic recovery is gathering momentum.
The Chartered Inst...
DATE: May 05, 2010
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NEW YORK (AP) — A person close to the National Football League says Anheuser-Busch is in talks to become the official beer sponsor of the league. Rival MillerCoors says it won't renew its sponsorship.
The person — who is familiar with the negotiation...
DATE: May 05, 2010
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Some major changes needed to sustain the Cayman Islands as a viable economy could be applied to the case of Bermuda.
That is according to Jim Miller, chair of the Miller Commission on Taxation, Fiscal Management & Regulation Reform in the Cayman Isla...
DATE: May 05, 2010
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Offshore financial centres (OFCs) that are well regulated and agile, such as Bermuda, stand the best chance of competing with their onshore rivals in the financial services arena.
That is the view of Eduardo D'Angelo Silva, an offshore banker from th...
DATE: May 05, 2010
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