76343 results returned for search: "" category "Business"
XL Insurance CEO David Duclos says the past two months have seen "really encouraging" signs for an organisation whose employees have emerged "battle ready" from a fight for survival.
The head of XL Capital's global insurance operations said he believ...
DATE: Apr 23, 2009
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Bermuda’s current account surplus dropped to its lowest level in at least three years, as a fall in travel revenue and a rise in job losses in the international business sector took effect, according to the latest statistics released by Government.
T...
DATE: Apr 23, 2009
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Ironshore chief executive officer Kevin Kelley told an audience of insurance executives that when his company chose to base its operations in Bermuda "tax considerations were secondary".
Efficient regulation, solid infrastructure and the presence of ...
DATE: Apr 23, 2009
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HOUSTON (Bloomberg) - Nabors Industries Ltd., the world's largest onshore oil and natural-gas driller, said first-quarter profit fell 41 percent as customers cut spending on exploration and production because of plunging energy prices.
Net income fel...
DATE: Apr 23, 2009
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Argus Group Holdings Ltd. enjoyed a good day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurer rose 40 cents (6.3 percent) to $6.70, with 2,300 shares traded.
But Devonshire Industries Ltd. fell five cents (0.4 ...
DATE: Apr 23, 2009
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TORONTO (Reuters) - Toronto's main stock index finished modestly higher yesterday as stable commodity prices helped energy and gold shares hold their own against weak financial issues.
Seven of the 10 main sectors of the benchmark moved higher, inclu...
DATE: Apr 23, 2009
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Butterfield Bank has won the prestigious 2009 Gold Quill Award for excellence in communication, presented by the International Association of Business Communicators (IABC).
The bank received the award in the category of publication design for its 200...
DATE: Apr 23, 2009
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CHICAGO (Bloomberg) - Ingersoll-Rand Co. posted a narrower first-quarter loss than analysts estimated as the maker of Thermo King and Hussmann refrigeration equipment cut jobs and closed factories to help control costs.
The net loss of $26.7 million,...
DATE: Apr 23, 2009
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Platinum Underwriters Holdings Ltd. saw its profits drop by 19.3 percent ($20.2 million) for the first quarter of 2009 compared to the same period last year, despite strong underwriting gains and solid investment performance.
The insurer reported net...
DATE: Apr 23, 2009
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Shadow Finance Minister Bob Richards has called into question exactly what and when Government knew about the requirement to sign 12 Tax Information Exchange Agreements (TIEAs) by September.
Mr. Richards, whose party, the UBP, set up the first tax tr...
DATE: Apr 23, 2009
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