49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Primus Guaranty Ltd., the Bermuda-based company that sold banks credit-default swaps protecting $17.5 billion of debt, said its fourth-quarter loss narrowed as a recovery in corporate debt markets boosted bond values and lowere...
DATE: Feb 04, 2010
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BRUSSELS (Reuters) - China installed more new wind turbines than either Europe or the United States last year, the Global Wind Energy Council (GWEC) said yesterday.
China nearly doubled its wind capacity in 2009 with 13 gigawatts of new generating ca...
DATE: Feb 04, 2010
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LONDON - Britain's top share index lost 0.6 percent, snapping a three-session winning streak with investors turning cautious ahead of today's Bank of England monetary policy decision and tomorrow's US jobs report. The FTSE 100 closed at 5,253.15 poin...
DATE: Feb 04, 2010
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Argus Group Holdings Ltd. dropped five cents (0.55 percent) on The Bermuda Stock Exchange (BSX) yesterday.
The insurance company traded 20,000 shares to close at $8.95.
Butterfield Bank also saw 17,100 common shares change hands, but its share price ...
DATE: Feb 04, 2010
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Bermuda-based Orbis Investment Management Ltd. is celebrating the 20th anniversary of the launch of its first mutual funds.
The company began operations in Bermuda and London in late 1989 with assets under management of $67 million. That figure has b...
DATE: Feb 04, 2010
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AUTHOR:
Jonathan Kent
Premier Ewart Brown scoffed at the suggestion US President Barack Obama would follow through with his threats to shut down tax havens when he swept to power last year, but he will be taking the matter much more seriously now in the wake of the Obama ...
DATE: Feb 04, 2010
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NEW YORK (Reuters) - Bermuda-domiciled Lazard Ltd. reported a fourth-quarter loss yesterday, hurt by compensation expenses stemming from the death of its chief executive, legendary Wall Street dealmaker Bruce Wasserstein.
The New York-based investmen...
DATE: Feb 04, 2010
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NEW YORK (Bloomberg) — Bank of America Corp., the nation's largest lender, will pay investment-banking employees bonuses of about $4.4 billion for last year, or an average of $400,000 each, a person close to the bank said.
As much as 95 percent will ...
DATE: Feb 04, 2010
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White Mountains Insurance Group Ltd. swung to a profit of $100 million for the fourth quarter of 2009, having posted a net loss of $213 million during the same period in 2008.
The Bermuda-based re/insurer recorded a net income of $470 million last ye...
DATE: Feb 04, 2010
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Bermuda-based Orient-Express Hotels Ltd. has confirmed the completion of its acquisition of Grand Hotel Timeo and Villa Sant'Andrea in Taormina, Sicily from The Framon Group for a combined price of 81 million euros ($117 million).
The owner or part-o...
DATE: Feb 04, 2010
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