76472 results returned for search: "" category "Business"
Insurance and utility company shares were the flavour of the day on the Royal Gazette / Bermuda Stock Exchange as it rose 23.08 points (0.45 percent) to 5,123.78.
Belco shares improved in value by 80 cents (3.5 percent) to $23.80 after 1,500 were tra...
DATE: Apr 12, 2007
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WASHINGTON (Reuters) — The Bush administration opposes setting up a federal catastrophic insurance programme to bolster private coverage, a senior White House adviser said yesterday amid debate over post-Katrina insurance reforms.Warning that a gover...
DATE: Apr 12, 2007
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Banks are lending out significantly more Bermuda dollars than they hold in deposits — but the Bermuda Monetary Authority (BMA) sees little cause for concern about the imbalance right now.
A burgeoning demand for mortgages and loans, on the back of a ...
DATE: Apr 12, 2007
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AUTHOR:
Jonathan Kent
NEW YORK (AP) — Under pressure from investors to contain growing costs, Citigroup Inc., the US’s largest financial institution, announced it will eliminate about 17,000 jobs, shift 9,500 positions to “lower-cost locations” and consolidate some corpor...
DATE: Apr 12, 2007
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NEW YORK (AP) — Wall Street stumbled, pulling the Dow Jones industrials down nearly 90 points after minutes from the Federal Reserve’s most recent meeting indicated the central bank is not ruling out an interest rate hike to curb inflation.The minute...
DATE: Apr 12, 2007
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Bank of Bermuda has launched a major branding campaign at Bermuda International Airport and unveiled its newly-renovated airport branch.
The branding campaign is part of a three-year agreement to place advertising throughout the arrivals area and in ...
DATE: Apr 12, 2007
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AUTHOR:
Scott Neil
So how much did the man who heads Bermuda’s biggest insurance and reinsurance company earn last year?
The total compensation for Evan Greenberg, president and chief executive officer of Ace, including salary, bonuses, stock awards, housing and jet ai...
DATE: Apr 12, 2007
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AUTHOR:
Scott Neil
The role that information technology can play in meeting the ever-evolving challenges facing the insurance and reinsurance industry will be the subject of a conference at the Fairmont Hamilton Princess today.
Computer giant IBM and Bermuda Computer S...
DATE: Apr 12, 2007
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AUTHOR:
Jonathan Kent
Effective disaster recovery can be a vital lifeline for Bermuda’s e-commerce, says information technology (IT) expert Rob Salmon.
At the Hamilton Rotary Club’s weekly luncheon on Tuesday, Mr. Salmon gave a presentation on why outsourcing IT solutions...
DATE: Apr 12, 2007
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It is being touted as Bermuda’s first truly redundant building, with not one but two emergency generators and two air conditioning systems.
Even in the event of an Island-wide disaster and total loss of power supplies, the operations within the build...
DATE: Apr 12, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
