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PARIS (AP) — Bermuda-based consulting company Accenture said yesterday it signed a 10-year, $100 million outsourcing agreement with AIG Europe SA to provide an IT platform and insurance support services to its AIG Entrepreneur unit.AIG Entrepreneur s...

Financial regulatory body the Bermuda Monetary Authority (BMA) has announced the promotion of five members of staff for its management team (see picture on page 40). They are: Shelby Weldon Mr. Weldon, a Bermudian, has been promoted to the position o...

CellularOne executives Michael Leverock and Kurt Eve last week announced they had bought out Hardell Cable TV Ltd. — primarily to gain a wireless cable TV licence. This week, the Government announced its proposals for the future regulation of the tel...

Mello Jones & Martin yesterday announced that it is expanding its matrimonial and family law practice and appointing Leonie MacLoughlin as an associate attorney. Prior to joining the firm, Ms MacLoughlin worked for the family law department of solici...

CHICAGO (PR News Wire) ? Risk complexity, nationalism and arbitrary regulation have emerged as significant threats to multinational corporations? balance sheets, according to the latest global analysis by Aon political risk experts. Each year, Aon?s ...

NEW YORK (Bloomberg) — Marsh & McLennan Cos., the world’s largest insurance broker, raised its quarterly dividend for the first time since a state probe of sales practices wiped out almost half its market value in 2004.The company’s board boosted the...

All Bermudian ownership in telecommunications would be wiped out within a year, if Government’s proposals for the industry were to be implemented. That is the view of one of a group of local internet service providers (ISPs) who met Environment, Tele...

DALLAS (AP) — The union representing pilots at American Airlines blasted management yesterday over future stock payments to executives that the union said could rival or exceed the company's profit for all of 2006, $231 million.The payments, due in m...

Financial institutions led the way as The Royal Gazette/Bermuda Stock Exchange (BSX) Index climbed nearly 52 points yesterday. LOM (Holdings) Ltd. was the biggest climber, as its stock value increased 23.2 percent (65 cents) to $3.45, on sale of 2,00...

WASHINGTON (Bloomberg) — The US Senate Finance Committee yesterday voted to impose penalties on companies that redomiciled in Bermuda for tax-avoidance reasons between March 2002 and March 2003 and for a $1-million limit on executive compensation tha...