49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - US phone company AT&T Inc said yesterday it plans to invest about $1 billion this year to expand its global telecommunications network to reach more countries and bolster its business services.
Both AT&T and its biggest rival Ver...
DATE: Feb 24, 2009
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RenaissanceRe Holdings Ltd. has extended its employment agreement with president and chief executive officer Neill Currie until 2014.
Mr. Currie's previous agreement was due to expire on February 22, 2010, but the Bermuda-based reinsurer announced ye...
DATE: Feb 24, 2009
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LONDON (Reuters) - Britain will inject billions of pounds into state-owned Northern Rock bank to try to unlock lending and help the economy emerge from recession, finance minister Alistair Darling said on Monday.
The plan to get Northern Rock lending...
DATE: Feb 24, 2009
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Insurance broker Marsh has teamed up with Berkshire Hathaway to offer $500 million of annual capacity to cover windtsorm losses for oil and gas companies operating in the Gulf of Mexico.
Marsh's Cost and Coverage Certainty Program, known as the Trip...
DATE: Feb 24, 2009
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Actuaries are among the upper ecehelons of Bermuda earners. Their high level of mathematical skills makes them a prized asset for insurance companies. Bermudian Sharika Tucci became an actuary, but opted to go into real estate. She told The Royal Gaz...
DATE: Feb 24, 2009
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Northern Offshore Ltd., a Bermuda holding company which operates offshore oil and gas production as well as drilling vessels, announced yesterday that it has made the required filing the Oslo Stock Exchange in connection with its $15 million accounts...
DATE: Feb 24, 2009
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Shares of communications company KeyTech Ltd. rocketed 30 percent yesterday to help The Royal Gazette / Bermuda Stock Exchange (BSX) Index bounce off a five-year low.
KeyTech, owner of the Bermuda Telephone Company, climbed $3 to close on $13, as 4,5...
DATE: Feb 24, 2009
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OSLO (Bloomberg) — Liquefied Natural Gas Ltd., the developer of export projects too small for major suppliers, said its $500 million plant in Australia is set to get the go-ahead by the year-end after an investment by Bermuda-based Golar LNG Ltd.
Gol...
DATE: Feb 24, 2009
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TORONTO (Reuters) - Toronto's main stock index fell nearly four percent to its lowest closing level in more than five years yesterday, hit by lower commodity prices, weak economic data and nagging concerns about US banks.
All 10 TSX sectors finished ...
DATE: Feb 24, 2009
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NEW YORK (Bloomberg) — New York Attorney General Andrew Cuomo wants a state judge to force former Merrill Lynch & Co. chief executive officer John Thain to disclose names of employees who got $3.6 billion in bonuses just before the firm merged with B...
DATE: Feb 24, 2009
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