76251 results returned for search: "" category "Business"
The new owners of Bermuda Commercial Bank Ltd. yesterday announced an agreement to buy First Bermuda Group Ltd.
Permanent Investments Ltd. (PIL), which acquired a 54 percent controlling interest in BCB earlier this month, announced the deal yesterday...
DATE: Apr 30, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - Stocks have surged higher after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy.
The Dow Jones industrials rose 122 points yesterday after the Labour Department sa...
DATE: Apr 30, 2010
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BRUSSELS (Reuters) – Euro zone governments could end up footing a bill of half a trillion euros ($650 billion) to rescue several countries if they fail to engineer a bailout of Greece that calms financial markets, economists estimate.
Until this week...
DATE: Apr 30, 2010
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Butterfield Bank's common shares fell 6.89 percent (10 cents) to $1.35 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 71,400 shares during the day, as well as seeing 528,994 rights issue shares change hands, but their share price held...
DATE: Apr 30, 2010
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Allen Stanford's alleged Ponzi scheme will be just one of the topics up for debate at a high profile seminar held in Bermuda next month.
Goldberg Segalla LLP will be hosting the event entitled 'From Claim to Conclusion: Examining Insurance/Reinsuranc...
DATE: Apr 30, 2010
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PartnerRe Ltd. expects to take a hit of up to $70 million as a result of last week's explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico.
The Bermuda-based reinsurer said that while the ultimate insured loss for the event was u...
DATE: Apr 30, 2010
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Bermuda-based broker and investment firm LOM (Holdings) Ltd. announced yesterday that it made a loss of almost $440,000 in 2009 after a recovery in the second half of the year.
In a letter to shareholders, LOM chief executive officer Scott Lines said...
DATE: Apr 30, 2010
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AUTHOR:
Jonathan Kent
LONDON - Britain's top share index rose, buoyed by consensus beating results from UK corporates and as anxiety over the euro zone's debt crisis eased, though BP sank as a major oil spill worsens.
The FTSE 100 closed up 31.23 points, or 0.5 percent, a...
DATE: Apr 30, 2010
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(Bloomberg) — Microsoft Corp., the world's biggest software maker, is demanding patent royalties from makers of mobile phones that use Google Inc.'s Android operating system.
HTC Corp., which makes Google's Nexus One mobile phone, has agreed to pay u...
DATE: Apr 30, 2010
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Improved communication and business writing skills will be the focus for a series of workshops held by Performance Solutions Ltd. over the coming weeks.
The first class, entitled 'Writing for High-Speed Readers', which aims to help participants produ...
DATE: Apr 30, 2010
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