76318 results returned for search: "" category "Business"
Andrew Brimmer, a US economist and prominent advisor to the Bermuda Government, has died at the age of 86.
Dr Brimmer is widely recognised as the first black American to serve as a governor of the US Federal Reserve System.
In Bermuda, he is best kno...
DATE: Oct 11, 2012
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
Crisson’s jewellery store in St. George’s closed its doors yesterday citing lack of business in the Old Town.
One full-time employee lost their job.
Crisson’s general manager Susan Millar said it was “a very difficult decision”, however “sales were n...
DATE: Oct 11, 2012
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CATEGORY:
Local Business
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Thirty-one of the world’s most important insurance associations, have joined together to form the Global Federation of Insurance Associations (GFIA).
The GFIA’s members, including the Association of Bermuda Insurers and Reinsurers (ABIR), represent ...
DATE: Oct 11, 2012
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CATEGORY:
Reinsurance
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Toyota is recalling millions of vehicles to fix a faulty power window switch that is linked to several hundred reports of smoke and fires and at least nine injuries.
The recall will affect more than seven million vehicles worldwide — the largest sin...
DATE: Oct 11, 2012
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CATEGORY:
Local Business
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A court ruling in Bermuda has paved the way for representatives of victims of the massive Bernard Madoff fraud to proceed with a civil battle to try to recover as much as $300 million in management fees collected by a company based here.
Kingate Mana...
DATE: Oct 11, 2012
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CATEGORY:
International Business
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Butterfield Bank was the only company to trade on the Bermuda Stock Exchange yesterday.
Some 1,200 Butterfield shares changed hands, closing unchanged at $1.23.
Overall for the day the BSX was unchanged at 1,068.81
DATE: Oct 11, 2012
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CATEGORY:
Bermuda Stock Exchange
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Premier and Minister of Finance Paula Cox is meeting with representatives in the Middle East this week as Bermuda works to strengthen its economic ties in the region.
The Premier and a public/private sector delegation from Bermuda are on a weeklong ...
DATE: Oct 11, 2012
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CATEGORY:
International Business
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If it seems like the weather is getting worse and there are more storms, droughts and heatwaves these days, you wouldn’t be wrong. And at least one major insurance company says climate change is the driving force behind it all.
USA Today reports tha...
DATE: Oct 11, 2012
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CATEGORY:
Reinsurance
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Reggie Raynor is crying foul after the telephone directory listed his business under the wrong address and has it sharing a telephone number with another company.
Mr Raynor says that besides confusing the public, the mix-up could cause him to lose mo...
DATE: Oct 11, 2012
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CATEGORY:
Local Business
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LONDON (Reuters) — The market for catastrophe bonds has boomed in the past year and is likely to keep growing as investors search for higher returns.
The volume of outstanding bonds is set to reach $15 billion this year, a near 30 percent increase fr...
DATE: Oct 11, 2012
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CATEGORY:
Reinsurance
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