76324 results returned for search: "" category "Business"
Bermuda-based Intelsat Ltd. the world's leading provider of fixed satellite services, today announced that Altitude Sports & Entertainment (Altitude) has signed a multiyear contract for satellite capacity to distribute its regional sports programming...
DATE: Oct 15, 2009
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WASHINGTON (AP) — Treasury Secretary Timothy Geithner is "ultimately responsible" for regulators failing to rein in massive bonus payments at American International Group because he led the agencies that provided AIG's lifelines, according to a bailo...
DATE: Oct 15, 2009
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LONDON - Britain's top share index surged two percent, hitting its highest closing level in more than a year, as quarterly earnings from JPMorgan Chase and Intel lifted investor's sentiment.
The FTSE 100 ended up 101.95 points higher at 5,256.1, afte...
DATE: Oct 15, 2009
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MILWAUKEE (AP) — PepsiCo Inc. is facing criticism for an iPhone application that promises to help men "score" with two dozen stereotypes of women by giving users pickup lines and a scoreboard to keep track of their conquests.
An apology by the compan...
DATE: Oct 15, 2009
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Bermuda-based biotechnology company XOMA Ltd. has appointed Susan Kramer to the position of vice-president, project and alliance management.
A seasoned biopharmaceutical executive with 25 years of industry experience at Genentech and two biotechnolog...
DATE: Oct 15, 2009
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Willis Re's Bermuda operation has joined forces with its US counterpart under a new North America group as part of a management reshuffle and company restructure.
The reinsurance arm of Willis Group Holdings Ltd. announced the changes yesterday which...
DATE: Oct 15, 2009
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NEW YORK (AP) — Bruce Wasserstein, the CEO of Bermuda-based investment bank Lazard Ltd., has died, a company spokeswoman said.
He was 61.
Wasserstein, a prominent Wall Street dealmaker, was hospitalised with an irregular heartbeat on Sunday.
The spok...
DATE: Oct 15, 2009
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Last year's combination of high catastrophe losses and shrinking investment income could have led to a "perfect storm" this year in the Bermuda market for property reinsurance — but it hasn't worked out that way.
That is one of the views expressed by...
DATE: Oct 15, 2009
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AUTHOR:
Jonathan Kent
Butterfield Bank boosted its common share price by 10 cents (2.1 percent) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 100 of the shares to close at $4.85.
It also saw its preference shares drop $5 (0.41 percent) to $200, with 425 s...
DATE: Oct 15, 2009
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Standard & Poor's Ratings Services has assigned its A counterparty credit and financial strength ratings to Endurance American Insurance Co. (EAIC), American Merchants Casualty Co. (AMCC), and American Agri-Business Insurance Co. (AABIC).
S&P has als...
DATE: Oct 14, 2009
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