77160 results returned for search: "" category "Business"
The Bermuda insurance market has recorded catastrophe losses of more than $6 billion in the first three months of the year.
The enormous sum, which will help stricken communities recover from natural disasters on the other side of the world, makes it...
DATE: May 18, 2011
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CATEGORY:
Reinsurance
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COPENHAGEN (Bloomberg) - AP Moller-Maersk A/S, owner of the world's largest container shipping company, and CMA CGM SA are among companies raided by European Union anti-trust officials over possible collusion.
The European Commission made unannounced...
DATE: May 18, 2011
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CATEGORY:
Other
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BRUSSELS (Reuters) European Union states will be left with little “wriggle room” under plans by the bloc's executive to turn globally agreed tougher bank rules for more than 8,000 lenders into law.
The accord, known as Basel III, was endorsed by worl...
DATE: May 18, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) HSBC Holdings Plc, the UK bank that made more than half of its profit in Asia last year, aims to add at least 2,000 employees in China and Singapore in the next five years to target wealthy individuals in the region.
The London-bas...
DATE: May 17, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters Life!) Having supportive colleagues not only makes the workday easier, it may also help people live longer, according to a new study.
Researchers at Tel Aviv University in Israel found that a good relationship with co-workers had an...
DATE: May 17, 2011
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CATEGORY:
Bermuda Works
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Are workers trading doughnuts for carrot sticks? Some workers’ waistlines may continue to expand, but the good news is that more of them are finding ways to slim down.
According to a new CareerBuilder survey, 18 percent of workers report they’ve los...
DATE: May 17, 2011
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CATEGORY:
Bermuda Works
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Omnium LLC, a hedge fund administrator with operations in Bermuda with approximately $70 billion in assets under administration, is set to be acquired by leading asset service provider Northern Trust, it was announced yesterday.
The takeover, which i...
DATE: May 17, 2011
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CATEGORY:
International Business
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Appleby has announced the retirement of James Jardine as CEO after 20 years at the law firm.
Mr Jardine stepped down on March 31.
Following an election held earlier this month, Peter Bubenzer has been appointed as chairman of the group and will assum...
DATE: May 17, 2011
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CATEGORY:
International Business
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Butterfield Bank fell 2.98 percent (four cents) to $1.30 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 29,700 shares during the day.
The Ascendant Group Ltd also declined 0.35 percent (five cents) to $14.05 with 2,000 shares changing...
DATE: May 17, 2011
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CATEGORY:
Bermuda Stock Exchange
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From taking pictures of disgraced former Tyco CEO Dennis Kozlowski on his yacht to photographing the landscapes of Tuscany, Roland Skinner has seen and done it all.
Mr Skinner, whose pictures hang in almost every office in Hamilton, has sold his phot...
DATE: May 17, 2011
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CATEGORY:
Local Business
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