76272 results returned for search: "" category "Business"
Bermuda-based mutual insurer Oil Insurance Ltd. returned to profitability with a net income of $1.1 billion for 2009, including investment income, it was reported yesterday.
Oil had posted a $1.4 billion net loss and underwriting loss of $259 million...
DATE: Apr 01, 2010
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BC-G20-BRITAIN/DARLING (UPDATE 1)
UPDATE 1-UK's Darling says global bank tax should go to govts
(Adds detail from letter, background)
LONDON, March 31 (Reuters) - G20 countries should agree a global bank tax that would go direct into national budgets...
DATE: Apr 01, 2010
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Bermuda-based Bacardi Ltd., the world's largest privately held spirits company, has announced a mutually agreement with Brown-Forman on their distribution arrangements in Europe.
Bacardi and Brown-Forman have renewed their contracts for Bacardi to d...
DATE: Apr 01, 2010
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TORONTO (Reuters) - Toronto's main stock index ended little changed yesterday, as weak banking shares offset stronger resource issues, limiting its gains for the month and latest quarter.
The financial sector declined 0.3 percent, as data showing tha...
DATE: Apr 01, 2010
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Bermuda's economy dropped off dramatically in the fourth quarter of last year, according to statistics released by the Government yesterday.
The numbers in the Quarterly Bulletin of Statistics paint a picture of a slumping local economy being propped...
DATE: Apr 01, 2010
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AUTHOR:
Jonathan Kent
LONDON - Stronger miners and banks outweighed falls from defensive stocks to leave Britain's top share index slightly higher by the close, while BSkyB gained after an expected pay-TV review from Ofcom. The FTSE 100 closed at 5,679.64 points, up 7.32 ...
DATE: Apr 01, 2010
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LONDON (Bloomberg) — Bermuda-based Omega Insurance Holdings Ltd. fell up to 13 percent in London trading after the company said it estimates a combined net loss from the Chilean earthquake of approximately $23 million.
Omega shares recovered to close...
DATE: Apr 01, 2010
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The construction industry has gone from boom to bust, figures released this week by the Government show.
The Quarterly Bulletin of Statistics highlights an alarming shrinkage in the industry which employed more that 3,600 people — or nine percent of ...
DATE: Apr 01, 2010
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AUTHOR:
Jonathan Kent
Digicel Bermuda has announced it has signed a partnership with 3G mobile technology provider, Ericsson, to provide its new 3G+ network in Bermuda.
With an investment of $9 million and construction well under way, Digicel's 3G+ network - featuring the...
DATE: Apr 01, 2010
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ATHENS, Greece (AP) - Moody's credit ratings agency downgraded five Greek banks yesterday, saying the effects of the country's public debt crisis - including painful austerity measures and a long recession - will weaken their finances.
The credit rat...
DATE: Apr 01, 2010
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