76378 results returned for search: "" category "Business"
After a three-year process of study and consultation, regulation of telecommunications in Bermuda is set to undergo significant reform.
Minister of Telecommunications and E-Commerce Terry Lister told the House of Assembly on Friday that the current t...
DATE: Nov 24, 2008
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Bermuda's Applied Computer Technologies (ACT) has signed a partnership agreement with Itex, the largest UK offshore IT service provider.
The companies have come together under the 'Offshore Alliance' and from next month will be working jointly to del...
DATE: Nov 24, 2008
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Insurance was the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week, with BF&M Ltd. and Argus Group Holdings Ltd. trading 4,000 and 3,401 shares respectively.
BF&M saw its share price rise 25 cents (1.44 percent) to $17...
DATE: Nov 24, 2008
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NEW YORK (Bloomberg) — The dollar climbed to a two-and-a-half-year high against an index of currencies of six major US trading partners as a plunge in global stocks increased demand for the relative safety of government debt.
The yen increased versus...
DATE: Nov 24, 2008
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The global economy has been decelerating sharply and, of course, the downswing is a synchronised one. There is gloom in every region and country, as news comes in of this or that economy slipping into an officially recognised recession. But, unoffici...
DATE: Nov 24, 2008
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Bermuda-based Flagstone Reinsurance Holdings Ltd. has named a new chief financial officer and has switched the base for the job from Bermuda to Switzerland.
Flagstone announced on Friday that Patrick Boisvert will become the group's new CFO, taking o...
DATE: Nov 24, 2008
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AUTHOR:
Jonathan Kent
Fraud cost companies an average of $8.2 million in the past three years with losses increasing by 22 percent driven by the credit crunch and tough economic climate, according to the latest study by Kroll.
Kroll, which is a risk consultancy and has wo...
DATE: Nov 24, 2008
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NEW YORK (Bloomberg) — The US government may step in to rescue Citigroup Inc. after a crisis in confidence erased half the bank's stock-market value in three days, according to investors and analysts.
Citigroup's $2 trillion of assets dwarfs companie...
DATE: Nov 24, 2008
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WASHINGTON (Reuters) — This Thanksgiving, when the brother-in-law asks "How's business?" it might be a loaded question. For most of us in the midst of a weak economy, business isn't so good right now. Even putting the turkey and stuffing on the table...
DATE: Nov 22, 2008
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When a government (and country) has to increase its debt-load and runs a deficit due far too often to self-inflicted productivity declines, making up that difference in order to remain solvent has to come out of someone's pocket. Down the road, the a...
DATE: Nov 22, 2008
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