76292 results returned for search: "" category "Business"
Hotel occupancy projections for 2010 are the lowest industry veteran Mike Winfield can remember.
The chairman of the Bermuda Hotel Association and the president and chief executive officer of Cambridge Beaches said larger properties had been hit hard...
DATE: Jan 06, 2010
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CHICAGO (Reuters) – Warren Buffett's Berkshire Hathaway Inc issued a stern warning to Kraft Foods Chief Executive Irene Rosenfeld, saying it opposed the food maker's plan to float new shares in pursuit of Cadbury Plc .
It was the strongest statement ...
DATE: Jan 06, 2010
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LONDON (Reuters) – The recovery in financial markets last year helped bring significant improvement to the financial health of US pension funds, potentially adding $180 billion to companies' balance sheets, a survey showed yesterday.
Mercer, a leadin...
DATE: Jan 06, 2010
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SAN FRANCISCO (Bloomberg) - Apple Inc., seeking to win a larger share of the market for handheld computers, is planning to unveil a tablet PC this month, according to a person familiar with the matter.
The personal computer is scheduled to go on sale...
DATE: Jan 06, 2010
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Shadow Finance Minister E.T. (Bob) Richards predicts a tough year ahead for business in Bermuda during 2010.
Mr. Richards said a combination of the recent spate of murders and shootings along with a global economic downturn had negatively impacted th...
DATE: Jan 06, 2010
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NEW YORK (Reuters) – Ace Ltd gave a 2010 earnings outlook below Wall Street estimates yesterday, and the insurer's shares fell 2.4 percent.
The Zurich-based property-casualty insurer, which has its oeprating headquarters in Bermuda, forecast operatin...
DATE: Jan 06, 2010
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NEW YORK (AP) - Investors turned cautious on the second trading day of the year as a pair of economic reports sent mixed signals about how the recovery was going.
Major stock indexes ended narrowly mixed a day after the Dow Jones industrials soared m...
DATE: Jan 06, 2010
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The Bermuda Stock Exchange Index (BSX) recorded its first positive movement of 2010, rising 3.62 points (0.18 percent) to 2,030.89 yesterday.
The Index saw 10,100 shares worth $76,380 traded.
BF&M Ltd. was up 25 cents (1.66 percent) to $15.30, with 2...
DATE: Jan 06, 2010
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Liquidators have been appointed at Bermuda-based reinsurer ESG at the request of judges, according to a report in Accountancy Age.
The accountancy publication said that Mike Morrison and Charles Thresh of KPMG Advisory Ltd. in Bermuda and Michael Wal...
DATE: Jan 06, 2010
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A surplus of reinsurance capacity kept Janaury 1 renewals down, according to local reinsurers.
Kevin O'Donnell, president of Renaissance Reinsurance Ltd., and Conan Ward, CEO of Validus Re, also indicated yesterday that that they do not see any chang...
DATE: Jan 06, 2010
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