77160 results returned for search: "" category "Business"
Butterfield Bank rose 3.17 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 1,900 shares to close at $1.30.
The Ascendant Group Ltd also saw 20 shares change hands, but its share price held firma t $14.25.
The Index...
DATE: Mar 24, 2011
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CATEGORY:
Bermuda Stock Exchange
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The role of international financial centres (IFCs) in promoting global economic growth and stability will be one of the key themes for the upcoming Society of Trust and Estate Practitioners Caribbean Conference set to be held in Bermuda this summer.
...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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Platinum Underwriters Holdings Ltd has announced preliminary loss estimates totalling $160 million for last month’s New Zealand earthquake and the Australian floods and Cyclone Yasi earlier this year.
The Bermuda reinsurer believes that its Topiary C...
DATE: Mar 24, 2011
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CATEGORY:
Reinsurance
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XL Re, the global reinsurance operations of XL Group plc, has teamed up with Aon Benfield to become the first local reinsurer to successfully implement automated accounts and cash transactions using Association for Cooperative Operations Research and...
DATE: Mar 24, 2011
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CATEGORY:
Reinsurance
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The disaster that devastated Japan this month has not had any significant impact on one of Bermuda’s top auto dealers which does business with a number of the country’s vehicle manufacturers.
HWP Group president Jonathan Brewin said that despite the ...
DATE: Mar 24, 2011
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CATEGORY:
Economy
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NEW YORK (Reuters) - A former Intel Corp executive testified that he shared company secrets with his friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
Rajiv Goel, the second fri...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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Bermuda-based Nordic American Tankers will be a good position to reap the benefits from the markets as it develops through expanding its fleet of vessels and boosting its earnings potential.
That is according to the company’s chairman and CEO Herbjor...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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A competition has been launched for software developers and entrepreneurs to create their own innovative applications for the BlackBerry smartphone and new PlayBook.
The contest, called ‘AppŸtiŸtude’, which is being run by the Ministry of Business De...
DATE: Mar 23, 2011
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CATEGORY:
Technology
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SAN FRANCISCO (Bloomberg) Google’s use of Bermuda to help slash its US tax bill by around $3 billion features in questions addressed to the technology giant by the US Securities and Exchange Commission in December.
SEC officials asked Google for “di...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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frankfurt (Bloomberg) Munich Re, the world’s biggest reinsurer, dropped its 2011 profit target after estimating the company’s claims from the earthquake and tsunami in Japan will reach about 1.5 billion euros ($2.1 billion).
The first quarter’s “majo...
DATE: Mar 23, 2011
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CATEGORY:
Reinsurance
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