75993 results returned for search: "" category "Business"
There is no peer reviewed evidence to support most of the accusations of tax evasion, money laundering and terrorist financing levelled at International Financial Centres (IFCs).
That is according to Dan Mitchell, of the Cato Institute, a US-based th...
DATE: May 18, 2011
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CATEGORY:
Economy
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Butterfield Bank’s preference shares dropped 1.6 percent ($20) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded five shares to close at $1,230.
It also saw 20,435 common shares change hands, but its share price held firm at $1.30.
Bermu...
DATE: May 18, 2011
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CATEGORY:
Bermuda Stock Exchange
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HWP Group’s mechanical service technician Calvin Thomas has been awarded a Service Technician Level Certification from leading European manufacturer, Volkswagen.
HWP trainer Lenny Henderson said of Mr Thomas’ achievement: “Volkswagen vehicles are on...
DATE: May 18, 2011
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CATEGORY:
Local Business
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The Bermuda insurance market has recorded catastrophe losses of more than $6 billion in the first three months of the year.
The enormous sum, which will help stricken communities recover from natural disasters on the other side of the world, makes it...
DATE: May 18, 2011
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CATEGORY:
Reinsurance
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COPENHAGEN (Bloomberg) - AP Moller-Maersk A/S, owner of the world's largest container shipping company, and CMA CGM SA are among companies raided by European Union anti-trust officials over possible collusion.
The European Commission made unannounced...
DATE: May 18, 2011
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CATEGORY:
Other
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BRUSSELS (Reuters) European Union states will be left with little “wriggle room” under plans by the bloc's executive to turn globally agreed tougher bank rules for more than 8,000 lenders into law.
The accord, known as Basel III, was endorsed by worl...
DATE: May 18, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) HSBC Holdings Plc, the UK bank that made more than half of its profit in Asia last year, aims to add at least 2,000 employees in China and Singapore in the next five years to target wealthy individuals in the region.
The London-bas...
DATE: May 17, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters Life!) Having supportive colleagues not only makes the workday easier, it may also help people live longer, according to a new study.
Researchers at Tel Aviv University in Israel found that a good relationship with co-workers had an...
DATE: May 17, 2011
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CATEGORY:
Bermuda Works
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Are workers trading doughnuts for carrot sticks? Some workers’ waistlines may continue to expand, but the good news is that more of them are finding ways to slim down.
According to a new CareerBuilder survey, 18 percent of workers report they’ve los...
DATE: May 17, 2011
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CATEGORY:
Bermuda Works
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Omnium LLC, a hedge fund administrator with operations in Bermuda with approximately $70 billion in assets under administration, is set to be acquired by leading asset service provider Northern Trust, it was announced yesterday.
The takeover, which i...
DATE: May 17, 2011
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CATEGORY:
International Business
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