76449 results returned for search: "" category "Business"
The banking sector was the place to be on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Bermuda Commercial Bank Ltd. experienced a 25 cent (2.1 percent) increase in its share price to close up at $12, with 1,000 shares traded.
Meanw...
DATE: Sep 11, 2007
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DATE: Sep 11, 2007
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Former Formula One racing champion Michael Schumacher is to become the face of responsible drinking for Bermuda-based Bacardi Limited.
The world's largest privately held spirits company has reached an agreement with the seven-time FIA Formula One Wor...
DATE: Sep 11, 2007
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AUTHOR:
Scott Neil
Stevedoring Services Limited has suffered a drop of more than two thirds in its yearly profits.
Net earnings for the fiscal year that ended on March 31 were $327,546 (26 cents per share), down from $1,187,959 (95 cents per share) for the 2006 fiscal ...
DATE: Sep 11, 2007
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A number of Bermuda insurance executives will present on Tuesday and Wednesday at Lehman Brothers Financial Services Conference in New York.
Amongst those due to speak at the event in the Hilton New York Hotel is Aspen Insurance Holdings' chief finan...
DATE: Sep 10, 2007
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When $115,000 was raised by big business and those who work in the gleaming citadels of Hamilton's financial neighbourhood to help Bermudian special-needs children at last year's May 24 Marathon Derby it seemed unlikely the astonishing effort would b...
DATE: Sep 10, 2007
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AUTHOR:
Scott Neil
Lazard has named former UBS man Ken Costa as chairman of its international division to lead its UK investment banking business alongside William Rucker, CEO of Lazard in London.
Mr. Costa will join the financial advisory and asset management firm in ...
DATE: Sep 10, 2007
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The woman who won a record $96 million divorce settlement from her former husband, the chief executive of Bermuda-based Axis group John Charman, is reported to have found a new love within the insurance industry.
According to a newspaper report appea...
DATE: Sep 10, 2007
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AUTHOR:
Scott Neil
MONTE CARLO (Bloomberg)— Investors such as hedge funds and private equity firms are helping to prevent a sharp decline of reinsurance rates that would threaten the industry's profitability, Moody's Investors Service said.
"Hedge funds' and private eq...
DATE: Sep 10, 2007
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PartnerRe is to open a "non-income generating" representative office in Beijing having received approval from the China Insurance Regulatory Commission.
The company said the Beijing office will serve as a liaison point for the Chinese market.
Andrew ...
DATE: Sep 10, 2007
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CATEGORY:
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AUTHOR:
Scott Neil