49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Josh Birnbaum, one of the traders who led Goldman Sachs Group Inc.'s push into bets against sub-prime-mortgage bonds, has left the world's biggest securities firm and plans to form a $1 billion hedge fund.
Birnbaum, 35, confirm...
DATE: Apr 18, 2008
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Bermuda is not alone in its interest in the Brazilian reinsurance market.
Lloyd's of London plans to expand in Brazil and is in the process of making a formal application to be an admitted reinsurer in the South American country.
Its first representa...
DATE: Apr 18, 2008
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NEW YORK (AP) - Wall Street closed an erratic session mixed yesterday after an uneven batch of earnings reports made investors more cautious about buying stocks. Disappointing economic readings added to the market's uneasiness.
Investors were jittery...
DATE: Apr 18, 2008
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SOUTHFIELD, Michigan (Bloomberg) - UAL Corp.'s United Airlines raised its round-trip fuel surcharge by as much as $20, the second fare increase in a week, to help blunt record costs.
United boosted the surcharge by $20 round trip in markets that alre...
DATE: Apr 18, 2008
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Lines Overseas Management (Holdings) Ltd. (LOM) saw its net earnings rise by almost 50 percent last year compared to year end 2006, to $2.5 million.
Diluted earnings per share also increased from 26 cents to 38 cents over same period, while total rev...
DATE: Apr 18, 2008
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Bermuda insurer Ironshore's A- (excellent) financial strength rating has been affirmed by ratings agency AM Best.
The company's issuer credit rating was also affirmed at a-. The ratings apply to both Ironshore Insurance and Ironshore Reinsurance.
Bes...
DATE: Apr 18, 2008
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AUTHOR:
Jonathan Kent
Bermuda Commercial Bank Ltd. saw its share price soar by almost 40 percent ($3.50) to close at $12.50 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 4,600 shares, the exact same number as Bermuda Commercial Bank Lt...
DATE: Apr 18, 2008
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BEIJING (AP) — On display at next week's Beijing auto show: Global automakers' hopes that booming China will drive sales this year as demand elsewhere slumps.
General Motors Corp. plans to show 42 models at Auto China 2008. Volkswagen AG is debuting ...
DATE: Apr 18, 2008
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The importance of getting a proper education was highlighted to students by the Bermuda International Business Association (BIBA) at West End Primary Primary School this week.
BIBA continued its local awareness initiative with a presentation on inter...
DATE: Apr 18, 2008
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BF&M Ltd. proved to be the big winners on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance company saw its share price rise 85 cents (four percent) to close at $22.35, with 5,541 shares traded.
But it was not so good for ...
DATE: Apr 17, 2008
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