76239 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — New York money manager Guy de Chimay, who claims to be related to royalty in Belgium and falsely claimed to have millions in a Bermuda bank account, pleaded not guilty to charges that he stole millions of dollars in client fund...
DATE: Jul 02, 2010
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Bermuda internet service provider Transact yesterday disputed recent figures that found the cost of internet access in Bermuda to be the highest in the developed world.
Jamie Thain, the company's managing director, called the report by Discover Tech ...
DATE: Jul 02, 2010
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NEW YORK (Bloomberg) — American International Group Inc. chief executive officer Robert Benmosche last week threatened to resign unless the bailed-out insurer's chairman, Harvey Golub, leaves the firm, said two people with knowledge of the matter.
Du...
DATE: Jul 02, 2010
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NEW YORK (Bloomberg) — Manhattan apartment sales jumped 80 percent in the second quarter from a year earlier, reaching the highest level since 2008, as the city's job market improved.
About 2,750 condominiums and cooperative apartments sold in the pe...
DATE: Jul 02, 2010
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ATHENS, Greece (AP) - Greece's biggest labour union yesterday called a new nationwide strike for next week to protest proposed reforms to the debt-hobbled country's pension and labour systems.
The GSEE private sector umbrella union said it had timed ...
DATE: Jul 02, 2010
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The HWP Group has announced the launch of a new automotive discount scheme for Bermuda Industrial Union (BIU) members to help them in these tough economic times.
The company, which already has a number of BIU members on its books, has extended its di...
DATE: Jul 02, 2010
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Bermuda-based Torus Insurance Holdings yesterday completed the acquisition of Glacier Insurance AG from the Glacier Group.
The Liechtenstein-headquartered specialty insurer, which has branch offices in Zurich, Cologne and London, will be renamed Tor...
DATE: Jul 02, 2010
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BC-US-TEC--Google-ITA Software, 5th Ld-Writethru,0664
Google to buy travel software company for $700M
AP Photo NY124
SAN FRANCISCO (AP) -- Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable t...
DATE: Jul 02, 2010
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BERLIN (AP) - The European Central Bank said yesterday it is lending 111.2 billion euros ($136.7 billion) to banks in a six-day tender, completing an effort to smooth over the expiry of a record batch of loans.
The ECB said 78 banks subscribed to the...
DATE: Jul 02, 2010
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Bermuda-based CRM Holdings has been targeted in a lawsuit by New York state as Governor David Paterson signalled his intent to tighten up control of the use of self-insured trusts in the Empire State.
A report by Insurance Journal dated June 30, 2010...
DATE: Jul 02, 2010
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