77160 results returned for search: "" category "Business"
WASHINGTON (Reuters) - Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said yesterday.
The global lender’s latest assessment of world...
DATE: Apr 12, 2011
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CATEGORY:
International Business
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KeyTech Ltd rose 15 percent (90 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company traded 2,200 shares to close at $6.90.
The Ascendant Group Ltd also climbed 3.57 percent (50 cents) to $14.50 with 2,000 shares changing hands...
DATE: Apr 12, 2011
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CATEGORY:
Bermuda Stock Exchange
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Age: 25
Role: Marketing executive, Digicel Bermuda
What is your job? I am the marketing executive at Digicel Bermuda. In this role, I am heavily involved in the day-to-day marketing of the company, executing any promotions we offer, securing media pl...
DATE: Apr 12, 2011
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CATEGORY:
Bermuda Works
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LONDON (BestWire) As Solvency II moves closer to implementation in Europe, Bermuda is working to bring its regulatory approach into line with that of the European Union, according to Michael Angelina, chief risk officer and chief actuary for insurer ...
DATE: Apr 12, 2011
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CATEGORY:
Reinsurance
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Bermuda reinsurer Platinum Underwriters Holdings Ltd said yesterday it expects losses of $87 million in the first quarter from the Tohoku earthquake and related tsunami that struck Japan on March 11.
Allied World Assurance Companty Ltd estimated a lo...
DATE: Apr 12, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) Bermuda-based telecommunications firm Global Crossing Ltd agreed to be sold to Level 3 Communications Inc for nearly $2 billion.
Level 3, an unprofitable provider of broadband services, jumped the most in almost two years after a...
DATE: Apr 12, 2011
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CATEGORY:
International Business
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Bermuda-based Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South Korea for an estimated $600 million.
The total project cost includes project management, drilling and handling tools, sp...
DATE: Apr 12, 2011
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CATEGORY:
International Business
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Retailers have endured a tough start to 2011, but one entrepreneur has proved that having the right business model can be a recipe for success even in the current economic climate.
Darren Booth, owner of The Booth, which opened its second store in Wa...
DATE: Apr 12, 2011
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CATEGORY:
Local Business
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NEW YORK/LONDON (Reuters) - Michael Korn is a popular person these days, which is perhaps not too surprising considering what he does for a living and where he lives. Korn is an insurance broker in earthquake-prone San Francisco.
“We’re pretty busy,”...
DATE: Apr 11, 2011
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CATEGORY:
Reinsurance
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Ironshore Europe Ltd has been assigned a financial strength rating of A- (excellent) and an issuer credit rating of “a-”. The outlook assigned to both ratings is stable.
The newly-created strategic affiliate of Ironshore Insurance Ltd (Ironshore) tha...
DATE: Apr 11, 2011
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CATEGORY:
Reinsurance
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