Property developer Sir John Swan said the Government was right to grant permission to XL Capital and American International Group to sublet part of their Bermuda headquarters to other companies.
The f...
Telecommunications company Digicel has offered its staff voluntary severance packages as it seeks to reduce its number of local employees by 10 percent and expatriate staff by 20 percent.
Employees wi...
Telecommunications company Digicel has offered its staff voluntary severance packages as it seeks to reduce its number of local employees by 10 percent and expatriate staff by 20 percent.
Employees wi...
Telecommunications company Digicel has offered its staff voluntary severance packages as it seeks to reduce its number of local employees by 10 percent and expatriate staff by 20 percent.
Employees wi...
The Bernard Madoff investment debacle could see the insurance industry paying out around $1 billion in claims as investors sue institutions and money managers who put funds into an alleged giant Ponzi...
The annual rate of inflation fell for a second consecutive month in November, but high electricity costs kept it above five percent.
Government figures published yesterday showed consumers paid 5.2 pe...
Bermuda-based shipping company Nordic American Tanker Shipping Ltd. (NAT) last night announced it would offer three million common shares for sale to raise money for planned future acquisitions.
The c...
Jeweller HS and JE Crisson Ltd. has laid off three employees and temporarily closed three of its nine stores to undergo renovations.
The company's vice-president and general manager Susan Millar said ...
Rates for property catastrophe reinsurance — a major industry in Bermuda — rose by around eight percent in January 1 renewals, according to global reinsurance broker Guy Carpenter & Company.
The indus...
Bermuda-based investment company WP Stewart & Co., Ltd. said last night it would cease trading on the New York Stock Exchange (NYSE), as it announced a net loss of $31.2 million for the third quarter ...
