49296 results returned for search: "" category ("Other" AND "Business")
The global expansion of Bermuda-based Flagstone Reinsurance Holdings Ltd. continued yesterday when the 'Class of 2005' reinsurer agreed to buy a stake of up to 29.9 percent in Cyprus-based Alliance International Reinsurance Public Company Ltd.
The tr...
DATE: Apr 29, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Property repossessions are expected to jump almost a quarter this year, as the fall-out from the credit crunch takes hold, a leading economic consultancy said yesterday.
The number of mortgaged properties that will be repossessed i...
DATE: Apr 29, 2008
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LONDON (AP) — The collective wealth of Britain's 1,000 richest people went up by nearly 15 percent last year, and more than half the country's 75 billionaires are foreign-born, according to a list published by the Sunday Times newspaper.
The newspape...
DATE: Apr 29, 2008
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LONDON (Bloomberg) — Aquarius Platinum Ltd., a producer of the metal in South Africa and Zimbabwe, rose the most in a month in London trading after Seymour Pierce Ltd. raised its rating on the stock and platinum advanced.
The shares rose 67.5 pence, ...
DATE: Apr 29, 2008
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Bermuda residents Brian and Nancy Duperreault will receive honorary degrees from Philadelphia's Saint Joseph's University at the Class of 2008 commencement exercises.
They will be honoured with doctor of humanities degrees and Mr. Duperreault will de...
DATE: Apr 28, 2008
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HOUSTON (AP) — Oil's meteoric rise to near $120 a barrel looks like more than just another economic bubble — growing demand and tighter supplies are likely to keep prices high. Some analysts say even $200 a barrel would not be out of the question.
Th...
DATE: Apr 28, 2008
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NEW YORK (Bloomberg) — Bermuda-based Security Capital Assurance Ltd., the bond insurer that stopped writing most new business, cut chief executive officer Paul Giordano's pay by more than half and plans to change the company name to Syncora Holdings ...
DATE: Apr 28, 2008
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RIO DE JANEIRO (Bloomberg) — Cosan SA Industria e Comercio, the world's biggest sugar-cane processor and a subsidiary of bermuda-based Cosan Ltd., agreed to buy more than 1,500 Brazilian service stations and other assets from Exxon Mobil Corp. for $8...
DATE: Apr 28, 2008
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NEW YORK (Reuters) - The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is virtually guaranteed.
Sparks may fly, however, after...
DATE: Apr 28, 2008
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NEW YORK (Bloomberg) — The dollar rose the most against the euro in a month as traders increased bets that the Federal Reserve may stop cutting interest rates at its meeting next week and the European economy showed signs of a slowdown.
After climbin...
DATE: Apr 28, 2008
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