76280 results returned for search: "" category "Business"
Proposals in Government's Budget will create a "significant" increase in the cost of doing business in Bermuda, according to Max Capital CEO Marty Becker.
But Mr. Becker believes that Bermuda remains an attractive domicile for international re/insura...
DATE: Mar 08, 2010
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NEW YORK (Reuters) - Bulls may get more room to run this week on the anniversary of the March 2009 lows - if US stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.
The catalysts could be February reta...
DATE: Mar 08, 2010
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Butterfield Bank has announced a number of changes to its management in a big boardroom reshuffle.
In a filing to the Bermuda Stock Exchange (BSX), the bank announced that effective from February 28, Alan Thompson retired from his position as a dire...
DATE: Mar 08, 2010
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Corporate attorney Steven J B Trumper was recently called to the Bermuda Bar.
Originally from Toronto, Canada, Mr Trumper is Senior Counsel and Head of Marshall Diel & Myers' Corporate Department.
Mr. Trumper is a senior business lawyer with extensiv...
DATE: Mar 08, 2010
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NEW YORK (Bloomberg) - Axis Capital Holdings Ltd., the Bermuda-based property and casualty insurer, said Frank Tasco will step down as a director.
Mr. Tasco's retirement is effective May 6, the date of the company's annual meeting, the firm said toda...
DATE: Mar 08, 2010
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NEW YORK (Bloomberg) - American International Group Inc.'s (AIG) board of directors approved the sale of a non-US insurance division to MetLife Inc., according to two people with knowledge of the matter.
An agreement to sell AIG's American Life Insur...
DATE: Mar 08, 2010
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NEW YORK (Bloomberg) - Teekay Corp., the world's largest oil-tanker owner, fell the most in almost a month after reporting a fourth-quarter adjusted loss as shipping rates tumbled.
Teekay reported an adjusted loss of $33.3 million, or 45 cents a shar...
DATE: Mar 08, 2010
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NEW YORK (AP) - Toyota Motor Corp. plans today to try to undercut suggestions that its electronics systems caused the sudden acceleration problems that led to the recall of more than eight million vehicles.
The automaker plans an event in which it wi...
DATE: Mar 08, 2010
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BC-MARVELLTECHNOLOGY/ (UPDATE 3)
UPDATE 3-Marvell Q4 revenue rises; shares fall
+ Q4 EPS ex-items 40 cts vs Street view 37 cts
+ Q4 rev $842.5 mln vs Street view $842 mln
+ Shares down 6 pct, have more than doubled in past year
(Adds forecasts, updat...
DATE: Mar 08, 2010
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LONDON (Bloomberg) - Hardy Underwriting Bermuda Ltd. said full-year profit dropped 11 percent to £17.4 million ($26.2 million), from £19.5 million a year earlier.
DATE: Mar 08, 2010
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