76357 results returned for search: "" category "Business"
NEW YORK (Bloomberg) US technology stocks rallied on improving earnings, sending the Nasdaq-100 Index to a ten-year high and extending a weekly gain for the Standard & Poor's 500 Index, while lower-than-estimated results at Caterpillar Inc. dragged t...
DATE: Jul 23, 2011
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CATEGORY:
Personal Finance
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NEW YORK (Bloomberg) Ask anyone what the most immediate threats to the global financial system are, and the obvious answers would be the European sovereign-debt crisis and the off chance that the US won't raise its debt ceiling in time to avoid a def...
DATE: Jul 23, 2011
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CATEGORY:
Personal Finance
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HSBC Bermuda Bank has confirmed that no staff will be affected by HSBC Private Bank’s decision to cease offering its services to US residents living outside the US.
In a statement issued yesterday, an HSBC Bermuda Bank said: “There is no impact to st...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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If you are looking for a historic pub in a great location - the George & Dragon in St George’s is looking for a buyer.
A spokesman for the pub, located in the heart of King’s Square, says there are no plans to reopen it this season.
He confirmed it’...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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Chris and Penny Cassidy say they are having to advertise for the first time since starting their small painting, maintenance and construction business more than a decade ago.
It may be a sign of just how hard it’s getting for Bermuda’s small business...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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Entrepreneur McCal Roberts distributed free copies of his latest technology training tool to students at his studio located in the Simons Music School at the Old Berkeley Senior School complex on Saturday.
Mr Roberts, of Mac10 Soft, said the new soft...
DATE: Jul 22, 2011
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CATEGORY:
Other
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Bermuda-based Athene Holding Ltd has concluded the acquisition of SCOR SE’s US fixed-annuity subsidiary, Investors Insurance Corp, for $55 million, it has been announced.
SCOR, a Paris-based reinsurer, said in February that it would sell the Jackson...
DATE: Jul 22, 2011
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CATEGORY:
International Business
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The Bermuda Monetary Authority (BMA) plans to add more staff as it moves to allow Class 3A insurers to use internal models to measure risk and determine appropriate levels of capital.
The move is another step in the BMA's efforts to put in place a ro...
DATE: Jul 22, 2011
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CATEGORY:
Other
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Real estate agent Century 21 has announced the appointment of five new sales associates.
Isabella Hall, who has 20 years of experience in the property industry, specialises in both sales and rentals. She has a legal background and experience in trust...
DATE: Jul 22, 2011
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CATEGORY:
Other
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Ace has announced a series of senior appointments and organisational changes within its Continental European region.
Andreas Wania has been promoted from Central and Eastern Europe (CEE) manager to chief operating officer (COO) for Ace Germany and wi...
DATE: Jul 22, 2011
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CATEGORY:
Reinsurance
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