75974 results returned for search: "" category "Business"
Ratings firm, AM Best has assigned a financial strength rating of A- (Excellent) and issuer credit rating of “a-” to Bermuda-based SAC Re.
The outlook assigned to both ratings is stable.
The assets of SAC Re will be managed by SAC Capital Advisors, ...
DATE: Jul 10, 2012
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CATEGORY:
International Business
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American International Group (AIG), which was taken over by the federal government in 2008, sued the US seeking $30.2 million for an alleged overpayment of taxes for 1991.
The lawsuit, filed last week in the US Court of Federal Claims in Washington, ...
DATE: Jul 10, 2012
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CATEGORY:
International Business
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Business owner Steve Thomson has taken legal action against Government over the new duty rates and HM Customs requirements.
Mr Thomson’s shipping and courier company, Mailboxes Unlimited, has filed a writ against the Collector of Customs concerning a...
DATE: Jul 10, 2012
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CATEGORY:
Other
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Two teams of four Bermudian university students will be learning in depth about the insurance business in two different US cities, Chicago and Atlanta. BFIS has been sending students to Chicago since 2006 but the Atlanta programme is brand-new this y...
DATE: Jul 10, 2012
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CATEGORY:
Bermuda Works
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Bermuda Aviation Services (BAS) recorded a $4.5 million net loss for the year due to a $5.7 million goodwill writedown and discontinuation of major operating segments at Aircraft Services Bermuda Ltd.
The loss per share for the year ended March 31, 2...
DATE: Jul 10, 2012
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CATEGORY:
Other
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Argus Group jumped five cents (1.35 percent) on the Bermuda Stock Exchange yesterday, trading 5,100 shares to close at $3.75. Butterfield Preferred also jumped $10 (.81 percent), trading 15 shares to close at $1,240.
BF&M also rose ten cents (.63 per...
DATE: Jul 10, 2012
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CATEGORY:
Bermuda Stock Exchange
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Music. I had the good fortune to spend an evening with a friend who has written a play and music that celebrates an important person in the folk music genre. The songs he wrote taught me a very important lesson.
Each line and even words meant someth...
DATE: Jul 10, 2012
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CATEGORY:
Bermuda Works
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Bermuda is becoming a thorn in US presidential candidate Mitt Romney’s side as he continues to be dogged about a ‘mysterious’ offshore shell company account here as well as accounts in the Cayman Islands and Switzerland.
Democrats have turned up the ...
DATE: Jul 10, 2012
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CATEGORY:
Other
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Need to do some serious multitasking? Some training in meditation beforehand could make the work smoother and less stressful, new research from the University of Washington shows.
Work by UW Information School professors David Levy and Jacob Wobbrock...
DATE: Jul 10, 2012
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CATEGORY:
Bermuda Works
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New University of British Columbia research reveals that workers who witness bullying can have a stronger urge to quit than those who experience it firsthand.
The findings of the study conducted by the Sauder School of Business at UBC indicate bullyi...
DATE: Jul 10, 2012
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CATEGORY:
Bermuda Works
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