75998 results returned for search: "" category "Business"
Nearly three-quarters (72 percent) of workers typically go to work when they are sick, a survey has revealed.
Workplace pressures and “presenteeism” may be causing workers to go in under the weather, as more than half (55 percent) of workers said the...
DATE: Jan 25, 2011
|
CATEGORY:
Bermuda Works
|
Utilities was the hardest hit sector on The Bermuda Stock Exchange (BSX) last week.
KeyTech Ltd. fell 10.9 percent (75 cents) to $6.15, with 1,000 shares traded, while the Ascendant Group Ltd. was also down 0.1 percent (one cent) at $14.99, as 1,100 ...
DATE: Jan 24, 2011
|
CATEGORY:
Bermuda Stock Exchange
|
Fitch Ratings has noted improvements in XL Group’s capital position and affirmed the insurer financial strength rating of A of its operating subsidiaries.
The Ireland-domiciled business insurer, which has substantial operations in Bermuda, has “solid...
DATE: Jan 24, 2011
|
CATEGORY:
International Business
|
WASHINGTON (AP) - Government auditors say taxpayers might be repaid in full for the bailout of insurance giant American International Group Inc. (AIG).
The Government Accountability Office said in a report issued on Thursday that the final cost of th...
DATE: Jan 24, 2011
|
CATEGORY:
International Business
|
Capital G Bank mortgage holders will see their repayments rise from next month when the bank will raise its lending rate by 0.25 of a percentage point.
The move, which takes effect on February 1, will take the bank’s residential and commercial lendin...
DATE: Jan 24, 2011
|
CATEGORY:
Economy
|
Bermuda-domiciled investment bank Lazard Ltd has hired former British Cabinet Minister Peter Mandelson as a senior adviser.
Lord Mandelson, who now sits in the House of Lords, held four different Cabinet posts under the governments of Tony Blair and ...
DATE: Jan 24, 2011
|
CATEGORY:
International Business
|
Butterfield Bank’s preference shares rose 1.2 percent in trading on the Bermuda Stock Exchange (BSX) yesterday.
The eight percent shares, issued initially to investors in 2009 for $1,000 apiece, rose $15 to $1,220, as 26 shares traded.
Butterfield’s ...
DATE: Jan 22, 2011
|
CATEGORY:
Bermuda Stock Exchange
|
Office space may be on the increase in Bermuda as more companies leave the Island, move premises or look to get the best deal for their money, but one piece of prime real estate in the middle of town has had no shortage of takers since going on the m...
DATE: Jan 21, 2011
|
CATEGORY:
Local Business
|
Bermuda's service industry is feeling the knock-on effect of the recession, with one company's accounts receivable up 25 percent over the past year.
Air Care Ltd's general manager Robert Platt said that sales were down 20 percent during 2010 compared...
DATE: Jan 21, 2011
|
CATEGORY:
Economy
|
NEW YORK (Reuters) - The Lloyd’s of London insurance market keeps a close eye on competition from Bermudian reinsurers, but is more focused on the challenge coming from Switzerland, the market’s chief executive said.
In an interview at the market’s U...
DATE: Jan 21, 2011
|
CATEGORY:
International Business
|
