77160 results returned for search: "" category "Business"
The Organisation for Economic Co-operation and Development (OECD)’s Global Forum on Transparency and Exchange of Information for Tax Purposes held in Bermuda this week has been hailed as a success in the fight against international tax evasion and ba...
DATE: Jun 02, 2011
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CATEGORY:
International Business
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Liquidators of the folded Bermuda branch of the British American Insurance Company (BAICO) have struck a deal to sell the insurer’s Front Street building.
The sum raised by the sale, which has been agreed subject to contract, has not been revealed an...
DATE: Jun 02, 2011
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CATEGORY:
Economy
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Butterfield Bank shares surged nearly four percent yesterday to send the Bermuda Stock Exchange higher.
The bank rose five cents, or 3.8 percent, to close the day on $1.38, as 43,031 shares changed hands.
Energy group Ascendant Group Ltd, owner of el...
DATE: Jun 02, 2011
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CATEGORY:
Bermuda Stock Exchange
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Wesley Tucker has been promoted to the position of assistant maitre d’ at the Fairmont Southampton’s Jasmine Lounge.
In his new role, Mr Tucker, a Bermudian, will play a key role in ensuring a seamless service experience to more than 100,000 guests p...
DATE: Jun 01, 2011
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CATEGORY:
Other
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Bermuda-based Omega Insurance Holdings Ltd is being eyed for takeover again this time by Lloyd’s of London insurer Novae.
“In accordance with the group’s publicly stated strategy, Novae routinely reviews possible transactions and confirms that it is ...
DATE: Jun 01, 2011
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CATEGORY:
Reinsurance
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Bermuda-based Starr Insurance and Reinsurance Ltd has acquired a 20 percent stake in Chinese property re/insurer Dazhong Insurance Co Ltd.
The China Insurance Regulatory Commission (CIRC) has approved Dazhong Insurance to issue an additional 286.5 mi...
DATE: Jun 01, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) US consumers turned more pessimistic this month, while home prices fell back below crisis-era lows in March, pointing to an economy that continues to struggle.
There were also more signs of softness in manufacturing, as a barometer...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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BERLIN/VIENNA (Reuters) European officials met yesterday to sketch out options for a second bailout package for Greece, with private sector participation still under discussion to help relieve the country of its massive debt burden.
Senior EU finance...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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FRANKLIN, New York (AP) - The knowledge that I'd be cut off from internet and cellphone service in just a few hours started to relax me long before I reached the secluded, serene site of a two-day yoga retreat in upstate New York.
For 43 magical hour...
DATE: Jun 01, 2011
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CATEGORY:
Technology
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Bermuda-based re/insurer Alterra Capital Holdings Ltd today announced the appointment of Eric Amadori as vice-president, underwriter of Alterra USA.
Marston Becker, president and chief executive officer of Alterra, commented: “We are pleased that Eri...
DATE: Jun 01, 2011
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CATEGORY:
Reinsurance
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