77160 results returned for search: "" category "Business"
In an uncertain world, there are few countries that offer investors a lower level of risk than Canada, according to HSBC's Canadian economist Stewart Hall.
Toronto-based Mr Hall, who visited Bermuda yesterday to speak with HSBC Bermuda staff and inve...
DATE: May 19, 2011
|
CATEGORY:
Economy
|
SAN FRANCISCO (Bloomberg) Microsoft Corp said its Xbox 360 player was the top-selling video-game console in the US last month with 297,000 units purchased at retail. Xbox 360 sales were up 60 percent from a year earlier, Redmond, Washington-based Mic...
DATE: May 18, 2011
|
CATEGORY:
Technology
|
NEW YORK (Reuters) Sony Corp was unapologetic about its delay in informing the more than 100 million customers of its PlayStation Network whose account information was stolen by hackers last month.
In a stark departure from the remorseful tone struck...
DATE: May 18, 2011
|
CATEGORY:
Technology
|
LONDON (Reuters) UK competition authorities are to probe the stranglehold of the world’s biggest accountancy firms on British blue-chip company audits after finding evidence of anti-competitive behaviour.
The Office of Fair Trading (OFT) said dominan...
DATE: May 18, 2011
|
CATEGORY:
International Business
|
Catlin Group chief executive officer Stephen Catlin yesterday called for more transparency from insurance brokers.
The boss of the Bermuda-based re/insurer estimated that his firm paid £425 million ($688 million) on “process” done by brokers without ...
DATE: May 18, 2011
|
CATEGORY:
Reinsurance
|
Some 2,400 XL employees in 22 countries worked on more than 150 projects during XL’s sixth annual Global Day of Giving.
The Global Day of Giving, one of many events that XL is holding this year to mark its 25th anniversary, is dedicated to supporting...
DATE: May 18, 2011
|
CATEGORY:
Reinsurance
|
NEW YORK (Reuters) The court-appointed trustee and others seeking money for Bernard Madoff’s customers were paid $318.4 million through the end of March more than the sum available to be paid out to the victims.
Trustee Irving Picard said he has reac...
DATE: May 18, 2011
|
CATEGORY:
International Business
|
There is no peer reviewed evidence to support most of the accusations of tax evasion, money laundering and terrorist financing levelled at International Financial Centres (IFCs).
That is according to Dan Mitchell, of the Cato Institute, a US-based th...
DATE: May 18, 2011
|
CATEGORY:
Economy
|
Butterfield Bank’s preference shares dropped 1.6 percent ($20) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded five shares to close at $1,230.
It also saw 20,435 common shares change hands, but its share price held firm at $1.30.
Bermu...
DATE: May 18, 2011
|
CATEGORY:
Bermuda Stock Exchange
|
HWP Group’s mechanical service technician Calvin Thomas has been awarded a Service Technician Level Certification from leading European manufacturer, Volkswagen.
HWP trainer Lenny Henderson said of Mr Thomas’ achievement: “Volkswagen vehicles are on...
DATE: May 18, 2011
|
CATEGORY:
Local Business
|
