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email alerts Business Headlines Feed

Fairmont upbeat for year ahead as corporate bookings start to improve
Fairmont Bermuda is "cautiously optimistic" for 2010 as corporate group bookings are showing signs of improvement. Shelley Meszoly,

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BFIS internship undersubscribed for Bermudians
Only five students have applied for the 12 places on offer in an internship programme that offers an insight into the international insurance industry in Bermuda,

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Aon approves $2b buyback of shares
NEW YORK (Bloomberg) - Aon Corp., the largest insurance broker,

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LOM rises by 5.88%
BSX REPORT
LOM (Holdings) Ltd. proved to be the biggest gainer on The Bermuda Stock Exchange (BSX) last week, rising 5.88 percent (20 cents) to $3.60.

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Supertanker demand to increase - Frontline CEO
LONDON (Bloomberg) - Supertanker demand may pick up after the biggest weekly drop in charter rates since July, according to Jens Martin Jensen,

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Logic launches two new services as market hots up
Logic Communications has upped the stakes in the Bermuda's technology market with the launch of two new services this week.

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AIG jet-lease chief steps down ahead of asset sales
SEATTLE (Bloomberg) -

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RAM announces director reshuffle
Bermuda-based RAM Holdings Ltd. has announced a number of changes to the board of directors of its wholly-owned subsidiary RAM Reinsurance Company Ltd. Lloyd Porter,

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G7 makes reassurances on Greece and bank rescue fund payment at meeting
IQALUIT, Canada (Reuters) - Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic,

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Goldman Sachs's Blankfein nets $9m bonus
NEW YORK (Bloomberg) - Goldman Sachs Group Inc. gave chairman and CEO Lloyd Blankfein a $9 million all-stock bonus for 2009,

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JPMorgan set to fund 3-D digital revolution
LOS ANGELES (Bloomberg) - JPMorgan Chase & Co.

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Saturday, February 6, 2010

  • We, the people, are Govt.'s bankers — prepare to be asked for more
  • How I dreamed I'd solve the US debt problem
  • Butterfield rises 1.5%

  • BSX REPORT
  • Analysts say MasterCard is a solid 'buy'
  • Putting plastic ahead of bricks and mortar

  • Friday, February 5, 2010

  • Lines brothers file motion for SEC fraud case to be dismissed
  • Hardy recruits Taylor and Luck as directors
  • Ace's Greenberg sees buying opportunities on the horizon
  • Liberty Mutual accuses Aspen of trying to steal a piece of its business
  • Insurers see more suspected fraud
  • YTB CFO steps down
  • Senators propose 50% tax on bonuses at bailed-out firms
  • Catlin hires new CIO Zingg from Swiss Re
  • Buffett's Berkshire loses its last AAA credit rating
  • BNTB drops by 3%
  • Kraft to sell $9.5b of debt to fund Cadbury deal
  • US retailers rebound after January shopping spree
  • B of A and Lewis sued for fraud by New York AG
  • Flu vaccine sales boost GlaxoSmithKline profits
  • MasterCard profit rises 23% - but Visa still has edge
  • BoE puts asset buying on hold

  • Thursday, February 4, 2010

  • Richards: Govt. has failed to heed the warning signs
  • White Mountains Group swings to $100m profit
  • Premier is not laughing now, says UBP
  • Orbis turns 20 with $20b in assets under management
  • Argus falls 5 cents
  • Primus shares rise after loss narrows
  • Bank of America set to pay $400K bonuses to investment bankers
  • Wasserstein's death has a financial cost for Lazard
  • AIG's guaranteed bonuses about to end, says pay czar
  • Orient-Express completes acquisition of Sicily hotels
  • Virgin boss wants EU to get tough if US does not open up domestic air travel market
  • China leads world in wind energy
  • Carnival boss made $7.2m last year

  • Wednesday, February 3, 2010

  • Industry groups give thumbs down to Obama's reinsurance proposals
  • Tower Group to buy OneBeacon unit for $180m
  • Ace posts record profit of $953m
  • Warning: multi-tasking at the wheel can seriously hinder your performance levels at interpreting information
  • BDA: Govt. has 'cavalier attitude' to public finances
  • Digicel offers three months free to new customers
  • iPad incompatibility could frustrate users as e-book industry finally starts to take off
  • Torus names Groth CRO
  • Cabin crew union takes BA back to court
  • Ace wins Saudi approval
  • Swiss banks feel the heat as Germany pursues tax cheats
  • Frank: Banks should widen disclosure on pay
  • LOM rises by 5.88%
  • Ford sales rise 25% as Toyota struggles with recalls
  • Ex-Galleon trader admits criminal charges






















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