76331 results returned for search: "" category "Business"
Bermuda has not been singled out by the UK government among its hitlist of offshore low-tax jurisdictions that may need to be bailed out as a result of economic crisis, Finance Minister Paula Cox has claimed.
Ms Cox, who was speaking a press conferen...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
Bermuda life reinsurer Scottish Re Group Ltd. has announced net income of $176.9 million for the second quarter on the back of a strong market recovery that boosted asset values.
The profit broke down to 81 cents per share and compared to a loss of $...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
Argus Group Holdings Ltd. saw its share price soar by $1.50, or 17.6 percent, to $10 on the Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 700 shares, while Butterfield Bank's common shares also rose five cents, or one percent, to $5.05, ...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
The market for new insurance companies starting up in Bermuda dried up last month with no new firms incorporating on the Island during August.
This follows only two companies being launched in July, with the numbers having peaked in May and June as f...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
TBI and SunGard Availability Services are teaming up to provide managed IT services to business and carrier class customers.
The partnership will complement TBI's investment in its data centre to support hosting of high density servers.
It is aimed a...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
Bermuda-based insurer Ironshore Inc. announced yesterday that it has established a dedicated Energy Casualty division, as an extension of its Global Energy unit.
Ironshore will underwrite comprehensive casualty coverages on commercial risks across v...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — US Securities and Exchange Commission chairman Mary Schapiro faces scrutiny from congressional Republicans over how she will deal with employees who missed Bernard Madoff's $65 billion Ponzi scheme.
Representative Scott Garrett...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
NEW YORK (AP) - Investors barreled into stocks yesterday after an upbeat report on industrial production raised hopes that the economy is strengthening.
The Dow Jones industrial average rose 108 points to another high for the year as General Electric...
DATE: Sep 17, 2009
|
CATEGORY:
Other
|
Budding young entrepreneurs will be given a lesson in how to start their own business at Bermuda's Emerging Professionals' (BEPRO) monthly Lunch'N'Learn session at the Chamber of Commerce tomorrow.
The event, which runs from 12 p.m. to 1 p.m., will f...
DATE: Sep 16, 2009
|
CATEGORY:
Other
|
The controversy over cell phones and whether the electromagnetic radiation they use poses a health risk is becoming clearer. To those of you who decided to follow the precautionary principle, you are right to do so until science can come to a more de...
DATE: Sep 16, 2009
|
CATEGORY:
Other
|
