76378 results returned for search: "" category "Business"
KPMG in Bermuda has announced that KPMG has been named the Best Fund Audit firm by IFI (Funddomiciles.com).
The award was presented in London on January 19, 2011 after IFI’s Annual Conference on the future of fund domiciles.
Craig Bridgewater, lead ...
DATE: Feb 23, 2011
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CATEGORY:
International Business
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LONDON (Reuters) Stronger tax revenues helped Britain to a bigger-than-expected budget surplus last month, raising the possibility the government might borrow less than planned in the 2010/11 fiscal year.
However, there is a strong chance Chancellor ...
DATE: Feb 23, 2011
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CATEGORY:
Economy
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LONDON (Bloomberg) Bermuda-based Frontline Ltd., the world’s largest operator of supertankers, posted a bigger-than-expected fourth-quarter loss and declared a dividend that missed estimates after charter costs plunged on a glut of vessels.
The net l...
DATE: Feb 23, 2011
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CATEGORY:
International Business
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TOKYO (Reuters) Moody’s Investors Service warned yesterday that it may cut Japan’s sovereign rating if government policies fall short of comprehensive tax reform needed to bring ballooning public debt under control.
The ratings agency said Japan, whe...
DATE: Feb 23, 2011
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CATEGORY:
Economy
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Bermuda reinsurers will face heavy claims from New Zealand for the second time in less than six months after the country was hit by a deadly earthquake.
Total losses from the quake that devastated Christchurch yesterday may top the $6 billion of loss...
DATE: Feb 23, 2011
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CATEGORY:
Reinsurance
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Hiscox is planning to expand its Bermuda operations and eventually hire more staff.
In an interview with The Royal Gazette, Hiscox's group chief executive officer Bronek Masojada said the company intended to increase its office space by about half.
...
DATE: Feb 23, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank made a loss of $207.6 million in 2010, due mainly to selling off troubled assets at a loss early in the year.
After another painful year following 2009's $213.4 million loss the bank believes it is in a position to return to profitab...
DATE: Feb 23, 2011
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CATEGORY:
Other
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Welcome to the first of a fortnightly column dedicated exclusively to the information technology (IT) space in Bermuda. This column will address important industry trends, new products, user and security issues and legislative changes impacting the i...
DATE: Feb 23, 2011
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CATEGORY:
Technology
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LONDON (Reuters) Lower confidence and ambition are putting women off the top jobs and companies should take positive steps to nurture them for management, a study published yesterday said.
The survey, “Ambition and Gender at Work” by Europe’s Institu...
DATE: Feb 22, 2011
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CATEGORY:
Bermuda Works
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The Bermuda Government’s decision to end the strike last week by compromising on the dismissal of a bus driver reminded me of a time when I purchased a candy bar for my daughter after she began misbehaving in a grocery store.
At the time it seemed t...
DATE: Feb 22, 2011
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CATEGORY:
Bermuda Works
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