49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda Stock Exchange (BSX) has approved of the listing of Merna Reinsurance II Ltd. Principal-at-Risk Variable Rate Notes – due on April 8, 2013.
The notes were issued under the BSX's restricted marketing provisions for qualified investors and ...
DATE: Apr 16, 2010
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YourTravelBiz International Inc. (YTB) – the travel company which has recruited at least 700 Bermudians – made a net loss of $9.9 million and saw total revenue fall by 58 percent last year.
The company's net loss for 2009, which included a net loss f...
DATE: Apr 16, 2010
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Bermuda Commercial Bank Ltd. (BCB) yesterday announced it has sold a controlling interest to Bermuda-based exempted company Permanent Investments Ltd. in a deal worth around $34.2 million.
The bank's new owner, which is owned and funded by four inves...
DATE: Apr 16, 2010
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AUTHOR:
Jonathan Kent
BOSTON (AP) — The Obama administration decides this month after a nine-year review whether the nation's first offshore wind farm should be built off Cape Cod. If it says no, the industry faces another question with no easy answer: "What's next?"
Not ...
DATE: Apr 16, 2010
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NEW YORK (Bloomberg) — Digicel Group Ltd., the largest mobile phone company in the Caribbean, is using principal payments on a $794 million debt package to create new borrowings, signalling increased tolerance for risk.
Citigroup Inc. arranged the lo...
DATE: Apr 16, 2010
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MUNICH (Bloomberg) — European insurers may not have to raise capital to comply with tightened proposals for industry rules, the head of the supervisory body advising the European Commission on new regulation said.
"Most insurers in Europe will be abl...
DATE: Apr 15, 2010
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SYDNEY (Reuters) - The aircraft leasing unit of bailed-out insurer American International Group (AIG) has agreed to sell 53 passenger jets to Australia's Macquarie Group to raise a much-needed $2 billion in cash.
International Lease Finance Corp (ILF...
DATE: Apr 15, 2010
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BC-US--Unemployment Insurance, 1st Ld-Writethru,0661
Senate Dems say jobless benefits bill on track
WASHINGTON (AP) -- A measure to restore eligibility for the jobless to receive up to 99 weeks of unemployment checks appears on track despite objectio...
DATE: Apr 15, 2010
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NEW YORK (Bloomberg) — David Booth's Dimensional Fund Advisors reaped gains of more than 100 percent this year by investing in mortgage insurers that rallied on speculation that home-loan delinquencies would subside.
Dimensional, which manages more t...
DATE: Apr 15, 2010
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NEW YORK (Reuters) – The judge overseeing the fallout from the Madoff debacle agreed on Tuesday to hear about 2,000 claims by people whose money was invested with the imprisoned swindler via so-called feeder funds, in many cases without their knowled...
DATE: Apr 15, 2010
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