75993 results returned for search: "" category "Business"
NEW YORK (Reuters) - Goldman Sachs Group Inc chief Lloyd Blankfein told jurors at Raj Rajaratnam’s insider trading trial that a former director at Wall Street’s most powerful bank - who is also the former chairman of Bermuda-domiciled Genpact Ltd - v...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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Bermuda-based Bacardi Ltd has announced world number one tennis star Rafael Nadal as the new Bacardi Ltd Global Social Responsibility Ambassador to lead its responsible drinking campaign, ‘Champions Drink Responsibly’.
The campaign will utilise adve...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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German reinsurance giant Munich Re has listed a $100 million insurance-linked security (ILS) on the Bermuda Stock Exchange (BSX) through its Irish special purpose vehicle.
In a statement released yesterday, the BSX said its Listing Committee had appr...
DATE: Mar 24, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank rose 3.17 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 1,900 shares to close at $1.30.
The Ascendant Group Ltd also saw 20 shares change hands, but its share price held firma t $14.25.
The Index...
DATE: Mar 24, 2011
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CATEGORY:
Bermuda Stock Exchange
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The role of international financial centres (IFCs) in promoting global economic growth and stability will be one of the key themes for the upcoming Society of Trust and Estate Practitioners Caribbean Conference set to be held in Bermuda this summer.
...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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Platinum Underwriters Holdings Ltd has announced preliminary loss estimates totalling $160 million for last month’s New Zealand earthquake and the Australian floods and Cyclone Yasi earlier this year.
The Bermuda reinsurer believes that its Topiary C...
DATE: Mar 24, 2011
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CATEGORY:
Reinsurance
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XL Re, the global reinsurance operations of XL Group plc, has teamed up with Aon Benfield to become the first local reinsurer to successfully implement automated accounts and cash transactions using Association for Cooperative Operations Research and...
DATE: Mar 24, 2011
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CATEGORY:
Reinsurance
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The disaster that devastated Japan this month has not had any significant impact on one of Bermuda’s top auto dealers which does business with a number of the country’s vehicle manufacturers.
HWP Group president Jonathan Brewin said that despite the ...
DATE: Mar 24, 2011
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CATEGORY:
Economy
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NEW YORK (Reuters) - A former Intel Corp executive testified that he shared company secrets with his friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
Rajiv Goel, the second fri...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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Bermuda-based Nordic American Tankers will be a good position to reap the benefits from the markets as it develops through expanding its fleet of vessels and boosting its earnings potential.
That is according to the company’s chairman and CEO Herbjor...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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