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BRUSSELS (AP) — Will a mini Mercedes powered by a Renault-Nissan engine still command a luxury-brand premium? Daimler AG is confident it will, as the German automaker teams up with France's Renault and Japan's Nissan to share parts and platforms and ...

Bermuda-based Central European Media Enterprises Ltd. has announced today the closing of its previously announced transaction to sell 100 percent of its Ukraine operations, including the Studio 1+1 and Kino channels, to Harley Trading Ltd., a company...

LONDON (AP) — Cider drinkers, vacation home owners and libel lawyers are among the early victors in Britain's looming general election. All will benefit from the government's announcement yesterday that it is dropping a host of planned tax and fee in...

WRAPUP 2-UK economy sends mixed signals as election nears + UK services growth disappoints in March - PMI survey + BCC survey flags risks to recovery, weak investment + Health of economy key issue in tight election campaign (Adds services data) By Ch...

PUERTO RICO (Bloomberg) — Bacardi USA Inc. won a legal dispute with a US unit of France's Pernod Ricard SA when a federal judge concluded that Bacardi's "Havana Club" rum label is not misleading and clearly states the liquor is made in Puerto Rico. P...

Butterfield Bank shareholders will today get the opportunity to voice their opinions directly to management in what is likely to be a stormy annual general meeting. The meeting comes after a turbulent period for the bank, during which the bank's shar...

AM Best Co. has withdrawn the financial strength rating (FSR) of A (excellent) and issuer credit rating (ICR) of "a" of Platinum Re (UK) Ltd. and assigned an NR-5 (Not Formally Followed) to the FSR and an "nr" to the ICR. The ratings actions reflect ...

The 7.2-magnitude earthquake that struck Mexico on Sunday is expected to have caused less than $300 million in insured losses, according to catastrophe modeller Eqecat. That will come as a relief to a Bermuda insurance market that has estimated catas...

A taste of the East will be coming to town when Wok Express launches its second outlet in North Street next week. The popular eatery, which has proved to be a big hit since opening its doors on Middle Road, Southampton two years ago, will double as a...

NEW YORK (Bloomberg) — US prosecutors interviewed former American International Group Inc. executive Joseph Cassano and are to continue today as they weigh whether to bring criminal charges related to the insurer's collapse, according to a person fam...