49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Catastrophe bond sales are set to remain high this year after lower prices and a quiet hurricane season produced a record fourth quarter, according to Risk Management Solutions Inc.
Eight bonds totaLling almost $1.1 billion ecl...
DATE: Jan 07, 2010
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TOKYO (Reuters) – Japan's aged finance minister is to quit due to poor health after weeks of exhausting wrangling over the budget, the Nikkei news agency said yesterday, a fresh blow for Prime Minister Yukio Hatoyama as he struggles with a frail econ...
DATE: Jan 06, 2010
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TORONTO (Reuters) - Toronto's main stock index ended at a 15-month high yesterday, led by a rally in shares of Potash Corp. of Saskatchewan after the big fertiliser company was upgraded to "outperform" by Credit Suisse.
Potash Corp. was the leading h...
DATE: Jan 06, 2010
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LONDON - Britain's leading share index ended 0.4 percent higher, hitting a fresh 16-month closing high, as banks and commodity stocks rose, but gains were capped by a fall in drugmakers on concerns over vaccine sales. The FTSE 100 closed at 5,522.5 p...
DATE: Jan 06, 2010
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Hotel occupancy projections for 2010 are the lowest industry veteran Mike Winfield can remember.
The chairman of the Bermuda Hotel Association and the president and chief executive officer of Cambridge Beaches said larger properties had been hit hard...
DATE: Jan 06, 2010
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CHICAGO (Reuters) – Warren Buffett's Berkshire Hathaway Inc issued a stern warning to Kraft Foods Chief Executive Irene Rosenfeld, saying it opposed the food maker's plan to float new shares in pursuit of Cadbury Plc .
It was the strongest statement ...
DATE: Jan 06, 2010
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LONDON (Reuters) – The recovery in financial markets last year helped bring significant improvement to the financial health of US pension funds, potentially adding $180 billion to companies' balance sheets, a survey showed yesterday.
Mercer, a leadin...
DATE: Jan 06, 2010
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SAN FRANCISCO (Bloomberg) - Apple Inc., seeking to win a larger share of the market for handheld computers, is planning to unveil a tablet PC this month, according to a person familiar with the matter.
The personal computer is scheduled to go on sale...
DATE: Jan 06, 2010
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Shadow Finance Minister E.T. (Bob) Richards predicts a tough year ahead for business in Bermuda during 2010.
Mr. Richards said a combination of the recent spate of murders and shootings along with a global economic downturn had negatively impacted th...
DATE: Jan 06, 2010
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NEW YORK (Reuters) – Ace Ltd gave a 2010 earnings outlook below Wall Street estimates yesterday, and the insurer's shares fell 2.4 percent.
The Zurich-based property-casualty insurer, which has its oeprating headquarters in Bermuda, forecast operatin...
DATE: Jan 06, 2010
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