49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) — Planned strikes by British Airways staff are unjustified and threaten the future of the company, Britain's transportation secretary said yesterday.
In an interview with the BBC, Andrew Adonis called on the union representing the airline...
DATE: Mar 15, 2010
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TORONTO (Reuters) - "Cash is king" has become the mantra for Canadian consumer companies looking to get through the coming year as they hold their purse strings tightly until the economic recovery becomes more firmly entrenched.
When times are good, ...
DATE: Mar 15, 2010
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The World Insurance Forum will be broadcast live via the Internet today and tomorrow.
The two-day conference, which features an array of industry leaders, gets under way at Tucker's Point Hotel this morning.
Panels of CEOs will discuss hot industry t...
DATE: Mar 15, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — American International Group Inc. was unprepared for the financial crisis that forced the insurer to accept a $182.3 billion bailout from the US government, the company's former general counsel said.
AIG didn't have the "infras...
DATE: Mar 15, 2010
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Validus Holdings Ltd. expects the losses of between $170 million and $270 million due to exposure to the recent Chilean Earthquake and $20 million to $30 million as a result of the damage caused by European Windstorm Xynthia.
These estimates were net...
DATE: Mar 15, 2010
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BEIJING (Bloomberg) — Cnooc Ltd., China's biggest offshore oil explorer, agreed to buy a 50 percent stake in rival Argentine producer Bridas Corp. for $3.1 billion, adding 318 million barrels of reserves as Chinese fuel demand surges.
Bridas, control...
DATE: Mar 15, 2010
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WASHINGTON (Reuters) - The Park Avenue Bank, a New York City-based institution, was among three banks seized by regulators on Friday, and is the second area bank to fail in two days.
The other banks seized Friday were small institutions in Florida an...
DATE: Mar 15, 2010
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Bermuda insurance veterans Jim Bryce and Robin Spencer-Arscott have joined the board of directors at Omega Insurance Holdings following a shareholder vote on Friday.
The pair were appointed by a majority vote after a vote, with Mr. Bryce, former IPC ...
DATE: Mar 15, 2010
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RenaissanceRe Holdings Ltd., the Bermuda-based reinsurer, is selling $250 million of debt due in 2020.
The 10-year notes will pay 5.75 percent and are guaranteed by the company, RenRe said in a statement on Friday.
The company expects to close the of...
DATE: Mar 15, 2010
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A budding young Bermudian entrepreneur is hoping to fund his Olympic dream by selling energy saving devices for the home and businesses.
Alex Jones, who owns Power Savers, is training hard in a bid to represent Bermuda at windsurfing in the London 20...
DATE: Mar 15, 2010
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