77160 results returned for search: "" category "Business"
NEW YORK (Reuters) - Billionaire Warren Buffett’s Berkshire Hathaway Inc struck a deal to buy lubricant maker Lubrizol Corp for $9 billion in a bet on industrial growth in emerging economies.
The deal is Berkshire’s biggest since it bought Burlington...
DATE: Mar 15, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - Shares of US insurers fell yesterday after analysts estimated the Japanese earthquake could cost the industry nearly $35 billion, making it one of the most expensive disasters ever.
Shares of American International Group, the lar...
DATE: Mar 15, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank fell 2.98 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 500 shares to close at $1.30.
BF&M Ltd, however, rose 0.69 percent (13 cents) to finish the day at $14.73 with 678 shares changing hands.
O...
DATE: Mar 15, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Aspen Insurance Holdings Ltd has appointed Kerry Calaiaro as senior vice-president, investor relations with immediate effect.
Ms Calaiaro will be based in New York and will report to Aspen chief executive officer Chris O’Kane.
“This a...
DATE: Mar 15, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) - A disgraced former McKinsey & Co partner testified that hedge fund manager Raj Rajaratnam paid him a $1 million “bonus” for tipping him about an acquisition by chip-maker Advanced Micro Devices Inc, a client of the consulting fir...
DATE: Mar 15, 2011
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CATEGORY:
International Business
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Bermuda insurers and reinsurers were hit with $3.6 billion in catastrophe losses from worldwide disasters in 2010, according to the National Underwriter (NU) magazine.
But the impact was dramatically softened by favourable prior-year loss development...
DATE: Mar 15, 2011
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CATEGORY:
Reinsurance
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A Bermuda law firm has doubled in size following its launch last year.
Limestone Law Ltd, which was set up by Bermudian Simon Payne in January 2010, has appointed Gabrielle Stewart as a legal consultant and in her new role she will head the litigatio...
DATE: Mar 15, 2011
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CATEGORY:
Other
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Name: Kelly Cabral
Age: 22
Role: Customer care consultant/receptionist, Digicel Bermuda
What is your job? I am a customer care consultant/receptionist and I ensure that both customers over the phone and those who walk in are attended to and assisted ...
DATE: Mar 15, 2011
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CATEGORY:
Bermuda Works
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One of Bermuda's top hoteliers has insisted that he is still very much committed to the fractional ownership market despite the recent problems faced by Newstead Belmont Hills and Tucker's Point.
David Dodwell, owner of The Reefs, said that he had ma...
DATE: Mar 15, 2011
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CATEGORY:
Other
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Being made redundant can cause a cycle of emotions much like a grieving process. Feelings of shock, denial, anger, resentment and, finally, acceptance are all perfectly natural. Try to remember that it’s the position that has been made redundant and ...
DATE: Mar 15, 2011
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CATEGORY:
Bermuda Works
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