76201 results returned for search: "" category "Business"
The Bermuda Stock Exchange endured one of its quietest days so far this year, with no shares trading.
The Index opened and closed at 1,339.02.
The BSX Insurance Index, meanwhile, rose 12 points (1.27 percent) to 957.
DATE: Sep 10, 2010
|
CATEGORY:
Other
|
LONDON (AP) - Britain's financial regulator hit Goldman Sachs International with a £17.5 million ($27 million) fine yesterday for failing to notify UK authorities about an investigation in the US.
It was the second-largest fine ever imposed by the Fi...
DATE: Sep 10, 2010
|
CATEGORY:
Other
|
Swiss business service providers have travelled to Bermuda and spoken with re/insurance industry leaders in an effort to persuade them to relocate their companies to Switzerland.
The revelation came from Hiscox Bermuda chief executive officer Charles...
DATE: Sep 10, 2010
|
CATEGORY:
Other
|
MADRID (AP) - Spain gave final approval yesterday to labour market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.
But it was hardly a day fo...
DATE: Sep 10, 2010
|
CATEGORY:
Other
|
The Bermuda insurance market's overall operating performance is stronger than that of Lloyd's of London, while its growth has exceeded its British rival over the past decade, according to a report by Standard & Poor's Ratings Services.
The study enti...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
XL Insurance Bermuda Ltd. (XLIB) yesterday shone the spotlight on food product safety, in the aftermath of the recall of hundreds of millions of eggs in the US.
Around 40 people, many of them brokers, attended a seminar at XL House yesterday on the c...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Gerova Financial Group, Ltd. a specialty reinsurance holding company set to relocate its holding company to Bermuda, yesterday began trading on the New York Stock Exchange.
Trading under the symbol GFC, Gerova ended the day of $5.87, as 45,800 shares...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
Butterfield Bank has sold off businesses in Malta and Hong Kong as it aims to focus on fewer, key jurisdictions.
The bank announced yesterday that its trust, wealth management and advisory businesses in Hong Kong and its trust operation in Malta woul...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
Bermuda-based Nabors Industries Ltd. has established a $700 million credit facility, it was revealed yesterday.
The facility has an accordion clause that allows an additional loan of up to $150 million. The loan matures in four years.
Nabors said the...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
DUBLIN (Reuters) - Ireland's government outlined a compromise solution for winding down nationalised Anglo Irish Bank yesterday but failed to put either a price or an exact timeframe on burying the fiscal and economic deadweight.
Uncertainty over the...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
