75985 results returned for search: "" category "Business"
Q: What is phishing (pronounced fishing)?
A: Phishing is the act of send emails in an attempt to gain sensitive information from its recipients, such as passwords and bank account numbers. These emails generally look authentic, as is the intent of th...
DATE: Jan 18, 2012
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CATEGORY:
Technology
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A movie premiering at America’s prestigious Sundance Film Festival this weekend throws the spotlight on offshore finance centres, including Bermuda.
“We’re Not Broke” names and shames a number of major US corporations which it says don’t pay their fa...
DATE: Jan 18, 2012
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CATEGORY:
International Business
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Social responsibility is an ethical or ideological theory that an entity whether it is a government, corporation, organisation or individual has a responsibility to society at large. This responsibility can be “negative”, meaning there is exemption f...
DATE: Jan 18, 2012
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CATEGORY:
Technology
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PartnerRe Ltd has announced that it expects to record a charge of approximately $120 million in the fourth quarter for the Thailand floods of October and November 2011.
This is in line with the company’s previous announcement that its losses related ...
DATE: Jan 18, 2012
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CATEGORY:
Reinsurance
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XL Group plc has announced that its wholly-owned subsidiary XL Capital Finance (Europe) plc has repaid at maturity the $600 million principal amount of 6.5 percent guaranteed senior notes due this year.
DATE: Jan 18, 2012
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CATEGORY:
Reinsurance
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Bermuda is gaining from heightened regulation of hedge fund managers in Europe in the wake of the Madoff fraud case and global financial crisis.
A report by HedgeCo Networks cited Business Bermuda CEO Cheryl Packwood as saying Bermuda’s seen an incre...
DATE: Jan 18, 2012
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CATEGORY:
International Business
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GlobeNet has announced that it has started work on the replacement of part of its fibre-optic subsea cable which will provide more than 30 times the current capacity between Bermuda and the US when it is completed in the first quarter of next year.
T...
DATE: Jan 18, 2012
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CATEGORY:
Other
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There is no such thing as a job for life these days, but Cleo Davis has proved that there really could be 70 years ago.
The sprightly 89-year-old, who only retired five years ago, worked at The Spot Restaurant in Burnaby Street for 65 years during wh...
DATE: Jan 18, 2012
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CATEGORY:
Local Business
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Chartis has announced a new restructure that will divide the company into three main geographic regions.
Under the new framework the insurer will be split into the Americas, Asia and EMEA (Europe, Middle East and Africa) to improve the execution of i...
DATE: Jan 18, 2012
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CATEGORY:
Reinsurance
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Butterfield Bank traded 64,800 shares on The Bermuda Stock Exchange (BSX) yesterday.
But the bank’s share price remained unchanged at $1.15. It also saw 55 preference shares change hands but the share value held firm at $1,230.
Overall the Index open...
DATE: Jan 18, 2012
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CATEGORY:
Bermuda Stock Exchange
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