49296 results returned for search: "" category ("Other" AND "Business")
LONDON - Britain's top shares closed higher for the third straight session as miners and banks extended the previous day's gains but BP dragged energy stocks lower with fourth-quarter results that missed expectations. The FTSE 100 closed at 5,283.31 ...
DATE: Feb 03, 2010
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BC-BANKS/EUROPE-BASEL (ANALYSIS)
ANALYSIS-Europe's banks face harsh reality of Basel III jolt
+ Banks face 139 billion euro hit from Basel III
+ Capital reform impact underestimated, shake-up looms
+ Returns, dividends, staff pay all seen hit
+ Frenc...
DATE: Feb 03, 2010
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MIAMI (Bloomberg) — Two former Stanford Financial Group Cos. employees oversaw destruction of stacks of corporate records in defiance of a court order to preserve them after the US Securities and Exchange Commission sued company founder Allen Stanfor...
DATE: Feb 03, 2010
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TORONTO (Reuters) - Toronto's main stock index rose for a second straight session yesterday as US corporate results and economic data boosted optimism about recovery.
Royal Bank of Canada led the heavyweight gainers, rising 1.9 percent to C$53.80, wh...
DATE: Feb 03, 2010
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DETROIT (Bloomberg) — Ford Motor Co.'s US sales rose 25 percent in January and Nissan Motor Co. posted a 16 percent increase as a Toyota Motor Corp. recall put some of its most- popular models off-limits.
Ford's deliveries jumped to 116,534 from 93,5...
DATE: Feb 03, 2010
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zurich (Bloomberg) — Ace Ltd., the Zurich-based insurer with operations in more than 50 countries including Bermuda, posted a record profit of $953 million in the fourth quarter on improved investment results and higher premium revenue.
Net income cl...
DATE: Feb 03, 2010
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NEW YORK (AP) - Even as Apple's iPad will likely energise electronic reading, the new device is undermining a painstakingly constructed effort by the publishing industry to make it possible to move e-books between different electronic readers.
The sl...
DATE: Feb 03, 2010
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Bermuda-based Torus Insurance has appointed Carl Groth as group chief risk officer with immediate effect.
Based in New Jersey and reporting to chief executive Clive Tobin, Mr. Groth will drive the development of a comprehensive and integrated enterpr...
DATE: Feb 03, 2010
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Ace Arabia Co-operative Insurance Company (AACIC) has announced that it has now received product approvals from the Saudi Arabia Monetary Authority for the majority of the product lines it wishes to provide.
This follows the January announcement that...
DATE: Feb 03, 2010
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A Bermuda insurance industry representative yesterday said the Obama administration's budget plans to increase taxes on some forms of reinsurance highlighted "a failure to understand insurance risk management".
Bradley Kading, president of the Associ...
DATE: Feb 03, 2010
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