76342 results returned for search: "" category "Business"
Stepping away from the normal financial observations originally planned for this week's article, let us congratulate my friend, and fellow finance professional, Heather Jacobs Matthews, CA, CFE, for her appointment as the new Auditor General of our c...
DATE: May 16, 2009
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Butterfield Bank extended its gains of the past week yesterday, as it rose two percent to boost The Royal Gazette / Bermuda Stock Exchange (BSX) Index.
The bank's share price rose 10 cents to close the day on $5.20, on the trading of 31,600 shares.
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DATE: May 16, 2009
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After much hesitation, I finally set up a Facebook account. So I wouldn't be seen as a dinosaur, I've also registered on Twitter.com. I haven't been tweeting much, but I'm now part of the throng of folks socialising with their keyboards.
Like many ot...
DATE: May 16, 2009
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LONDON (AP) — Telecommunications company BT Group PLC said yesterday it expects to cut another 15,000 jobs in the next year after its Global Services division dragged the company to a fourth quarter loss of nearly £1 billion pounds.
In the three mont...
DATE: May 15, 2009
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TOKYO (AP) — Sony Corp. reported its first annual net loss in 14 years and forecast a bigger loss this year, saying the pressure from sliding sales, competition in gadget prices and a strong yen was expected to continue.
The Japanese electronics and ...
DATE: May 15, 2009
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YourTravelBiz.com International's (YTB) "elaborate pyramid scheme" has been shut down by the State of California's Attorney General Edmund Brown, The Royal Gazette can reveal.
In a statement issued yesterday, Mr. Brown announced that he had completed...
DATE: May 15, 2009
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LOS ANGELES (AP) — Insurers including The Hartford Financial, Prudential Financial Inc. and Lincoln National Corp. have received preliminary approval to get billions of dollars from the government's financial industry rescue programme.
Treasury Depar...
DATE: May 15, 2009
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NEW YORK (AP) — Investors put aside jitters about the economy to do a little bargain hunting.
Stocks rose yesterday after three mostly down days as traders bought beaten-down financial and technology stocks. The buying was subdued after a worse-than-...
DATE: May 15, 2009
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Bermuda re/insurers IPC Holdings and Max Capital said last night they had cleared the regulatory hurdles needed to go ahead with their amalgamation, and they expected the merger transaction to be completed on June 12, pending shareholder approval.
Th...
DATE: May 15, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - A second Lehman Brothers-backed catastrophe bond is in default after issuer Ajax Re Ltd. failed to repay principal in full at maturity, according to credit rating agencies.
The $100 million bond, issued in April 2007 to give Bermud...
DATE: May 15, 2009
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