76379 results returned for search: "" category "Business"
Power is a basic requirement that homes and businesses cannot do without, but just like almost every other company in Bermuda, energy provider Belco has not been immune to the effects of the recession.
Revenue from electricity sales decreased four pe...
DATE: Dec 28, 2010
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CATEGORY:
Economy
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LOS ANGELES (Bloomberg) Karl Motey, an independent consultant in California, pleaded guilty and agreed to cooperate with federal prosecutors in a widening US investigation of insider trading on Wall Street, which allegedly involved inside sources in ...
DATE: Dec 28, 2010
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CATEGORY:
Other
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NEW YORK (AP) Insurance giant AIG is taking another step on its road to recovery, obtaining $3 billion in credit facilities.
The news sent AIG shares soaring more than 10 percent in New York Stock Exchange trading yesterday.
The New-York based compan...
DATE: Dec 28, 2010
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CATEGORY:
Economy
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A new survey commissioned by Philips Consumer Lifestyle, a leader in products for well-being, reveals that most American office workers don’t consistently get good sleep, which is affecting their on-the-job performance.
Findings from the new ‘Workpl...
DATE: Dec 28, 2010
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CATEGORY:
Bermuda Works
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Cable & Wireless Communications plc. (CWC) announced that it has signed a non-binding memorandum of understanding (MOU) with the Government of the Commonwealth of the Bahamas to acquire a 51 percent interest in the Bahamas Telecommunications Company ...
DATE: Dec 24, 2010
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CATEGORY:
Other
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NEW YORK (Bloomberg) American International Group Inc., the company defending itself against a $1 billion workers' compensation lawsuit filed by rival insurers, may have handed its accusers momentum by agreeing to pay $146.5 million to settle a probe...
DATE: Dec 24, 2010
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CATEGORY:
International Business
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The Bermuda Stock Exchange Index traded 1,666 shares worth $14,135.80 yesterday.
The Index remained unchanged at 1,170.29.
Among the big traders were Butterfield Bank, which saw 266 shares worth $1.30 each change hands, while Bermuda Commercial Bank ...
DATE: Dec 24, 2010
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CATEGORY:
Bermuda Stock Exchange
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The amount of Bermuda dollar cash in circulation over the coming holiday weekend will be $129.7 million - a decrease of 6.7 percent compared to last year’s total of $139 million.
This is the second successive Christmas that the figure has fallen, fol...
DATE: Dec 24, 2010
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CATEGORY:
Economy
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NEW YORK (Reuters) - Flagstone Re has extended the remit of its existing catastrophe bond prgramme to incorporate new perils, as the sector heads towards the third-strongest issuance year in its 20-year history.
This is the third issuance for Flagsto...
DATE: Dec 24, 2010
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CATEGORY:
International Business
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Butterfield Bank held its sixth annual ‘Butterfield 411’ Student Networking Event at the Bermuda Society of Arts in City Hall.
The objectives of the Butterfield 411 are to create opportunities for local high school graduates and college/university st...
DATE: Dec 24, 2010
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CATEGORY:
Other
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