76339 results returned for search: "" category "Business"
LONDON - Britain's leading share index closed up 1.2 percent as heavyweight miners and banks were buoyed by better US economic data, offsetting weaker food retailers and producers. The FTSE 100 closed at 4,279.98 points, up 49.96 or 1.18 percent.
@MA...
DATE: Jun 25, 2009
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Facebook, MySpace and Twitter are well known as the largest social networking sites in North America. But have you heard of Bebo, Orkut, Hi5, Mixi, Cyworld, Imeem, Friendster and QQ, the mother of all social networking sites?
These sites are more pop...
DATE: Jun 24, 2009
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The Bank of Bermuda was reportedly due to make eight of its staff redundant this week as a result of the impact of the economic downturn, The Royal Gazette understands.
A source close to the bank claimed that it would lay off the employees over that ...
DATE: Jun 24, 2009
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SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc. chief executive Steve Jobs was at the company's headquarters on Monday, underscoring speculation the pancreatic cancer survivor may have returned to work.
Mr. Jobs, who has been on medical leave since Jan...
DATE: Jun 24, 2009
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NEW YORK (Reuters) - Tyco Electronics Ltd said yesterday its shareholders have approved the company's reincorporation from Bermuda to Switzerland, three months after shareholders at former parent Tyco International Ltd approved a similar move.
The ch...
DATE: Jun 24, 2009
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NEW YORK (Reuters) - American International Group Inc agreed to sell two downtown Manhattan buildings, including its headquarters, for a total of $150 million, a source familiar with the matter said.
The two buildings, which are located at 70 Pine St...
DATE: Jun 24, 2009
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LOS ANGELES (AP) - Social-networking site MySpace said yesterday that it will cut 300 international positions and close at least four offices outside the US as it looks to cut costs and narrow its territory coverage.
The move comes a week after the c...
DATE: Jun 24, 2009
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The board of Bermuda-based reinsurer IPC Holdings Ltd. remains opposed to Validus Holdings Ltd.’s takeover offer and is negotiating with other potential suitors.
Yesterday, IPC said it had made some progress in discussions with Validus, but added its...
DATE: Jun 24, 2009
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AUTHOR:
Jonathan Kent
There was no change on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Index opened and closed the day on 2,363.23, with no shares traded.
The BSX Insurance Index finished up 5.52 points (0.69 percent) at 794.29.
DATE: Jun 24, 2009
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Bermuda-based insurer Ironshore Insurance yesterday announced equity financing worth up to $300 million to help support its expansion.
Private-equity firm GTCR Golder Rauner LLC has committed to buy $200 million of newly issued Ironshore equity, with...
DATE: Jun 24, 2009
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AUTHOR:
Jonathan Kent
