75993 results returned for search: "" category "Business"
RenaissanceRe Holdings Ltd posted a net loss of almost $250 million during the first quarter after taking a combined $427.4 million hit from the New Zealand and Japanese earthquakes and Australian floods.
The re/insurer made a net loss of $248 millio...
DATE: Apr 27, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank returned to profit in the first quarter - and bosses are now confident they can keep earnings positive after three years blighted by huge losses.
The bank reported reported net income for the first three months of the year of $8.4 mi...
DATE: Apr 27, 2011
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CATEGORY:
Other
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LISBON, Portugal (AP) Portugal has for a second time revised upward the debt-stressed country’s budget deficit last year, releasing official figures that said it was 9.1 percent of gross domestic product instead of the previously announced 8.6 percen...
DATE: Apr 26, 2011
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CATEGORY:
Economy
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PARIS (Reuters) - Mexicans work the longest days and Belgians the shortest, according to a study of 29 industrialised countries released by the Organisation for Economic Co-operation and Development (OECD) last week.
The stereotype of a laid-back “ma...
DATE: Apr 26, 2011
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CATEGORY:
Bermuda Works
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BF&M Ltd rose 5.24 percent (75 cents) to $15.05 on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 1,257 shares during the day.
Butterfield Bank also climbed 2.3 percent (three cents) to $1.33 as 21,700 shares changed hands.
KeyTech Lt...
DATE: Apr 26, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Reuters) - The fate of hedge fund founder Raj Rajaratnam was in the hands of a jury yesterday in the biggest Wall Street insider trading trial in decades, a case that featured FBI phone taps and former friends who testified against him.
Jur...
DATE: Apr 26, 2011
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CATEGORY:
International Business
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More than one on four workers say they have felt bullied in the workplace, according to a new study from CareerBuilder
Twenty-seven percent of workers reported they have felt bullied in the workplace with the majority neither confronting nor reporti...
DATE: Apr 26, 2011
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CATEGORY:
Bermuda Works
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The prices of gold and silver have hit new record highs, driven by a weaker US dollar and continuing tensions in the Middle East and North Africa.
Gold rose as high as $1,518.30 (£918.70) an ounce during morning trading, before falling back.
Silver ...
DATE: Apr 26, 2011
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CATEGORY:
Personal Finance
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OSAKA, Japan (Reuters) - Nintendo Co Ltd said it would launch a successor to its aging Wii game console in 2012 as it struggles to win back users from rivals Microsoft and Sony and seeks to reverse a slump in profits.
Nintendo said yesterday that it ...
DATE: Apr 26, 2011
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CATEGORY:
Technology
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Arch Capital Group Ltd made a profit of more than $19 million in the first quarter despite booking catastrophe losses of nearly $180 million.
The Bermuda-based re/insurer posted net income of $19.3 million, or 41 cents per share, compared to $210 mil...
DATE: Apr 26, 2011
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CATEGORY:
Reinsurance
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