75908 results returned for search: "" category "Business"
Trading in shares of more than 3,000 US companies listed by NASDAQ, including Google, Apple and Microsoft, was abruptly halted shortly after midday yesterday because of a technical problem.
All traffic through NASDAQ stopped at 3.14pm Bermuda time, t...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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Assured Guaranty and JP Morgan Chase & Co. agreed to settle lawsuits filed by the bond insurer accusing the bank’s EMC Mortgage and Bear Stearns units of making misrepresentations about mortgage-backed securities.
Assured Guaranty Corp., a New York-b...
DATE: Aug 23, 2013
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CATEGORY:
International Business
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More than a third of the world’s top 50 reinsurers are based in Bermuda or have a major operation here.
PartnerRe is listed as the tenth largest reinsurer globally in terms of gross premiums written.
AM Best’s latest list of the Top 50 Reinsurers 201...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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The Bermuda Stock Exchange was busy today with five movers, and it closed down 13.16 finishing at 1,141.30
The 1.15 percent decline was the result of a day that saw Bank of NT Butterfield Ltd move 47,129 selling at 1.37, down 0.03 cents or 2.1 percen...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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Bermuda has one of the highest rates of road traffic accident fatalities in the world, given the size of its population.
Although it is illegal to drink and drive, drive at speeds in excess of 35 km per hour, and fail to wear a seatbelt, these are s...
DATE: Aug 22, 2013
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CATEGORY:
Local Business
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The insurance linked securities (ILS) market could benefit from research being conducted by Atmospheric and Environmental Research (AER). Emerging Risk.
The Bermuda Stock Exchange has 50 percent, or $7 billion, of the global ILS market listed. The ma...
DATE: Aug 22, 2013
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CATEGORY:
International Business
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The International Financial Centres’ Power Women Top 100 list includes seven Bermuda-based ‘influencers and professionals’
They are Angela Burchall, a senior trust officer with HSBC Bermuda, Linda Longworth, managing director of Hamilton Trust Compa...
DATE: Aug 22, 2013
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CATEGORY:
Local Business
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Norwegian Cruise Line has purchased some 75 acres in Belize for a planned cruise ship port destination.
The land, which is called Harvest Caye, has two islands in the Stann Creek and Toledo Districts in Belize. Norwegian said it planned to invest $5...
DATE: Aug 22, 2013
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CATEGORY:
International Business
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A gem of a property has just been listed in convenient, central Spanish Point — and this one won’t last long.
In perfect move-in condition, Sunny Glen main house and income cottage with studio are located at the end of quiet, shady lane marked by lus...
DATE: Aug 22, 2013
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CATEGORY:
Local Business
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A trade of two Bank of NT Butterfield Preference Shares at 1195.00 was not enough to move the Bermuda Stock Exchange today.
The BSX has remained flat since Tuesday, when it closed at 1,142.19.
DATE: Aug 22, 2013
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CATEGORY:
Local Business
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