76472 results returned for search: "" category "Business"
Retailers are in line for a Cup Match bonanza boosted by strong visitor arrivals and locals preparing for one of the biggest festive occasions of the year, according to chief merchandising officer of the Gibbons Company Paula Clarke.
Ms Clarke said d...
DATE: Aug 02, 2006
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RenaissanceRe Holdings Ltd. last night said its net income for the second quarter of 2006 fell 24.4 percent, but it hiked its projections for catastrophe reinsurance premium growth for the rest of the year.
The company said net income fell from $172 ...
DATE: Aug 02, 2006
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LONDON (Reuters) ? UK insurance brokers could at last be forced to come clean if they won?t volunteer how much they are paid and by whom, nearly two years after the New York Attorney General Eliot Spitzer?s probe into brokers? revenues.
The way insur...
DATE: Aug 02, 2006
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HONG KONG (Bloomberg) ? HSBC Holdings Plc will expand faster in the Americas and Asia than in the lender?s home base of Europe over the coming ten years, chairman Stephen Green said.
HSBC, Europe?s biggest bank by market value, yesterday reported fir...
DATE: Aug 02, 2006
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ZURICH (Bloomberg) ? Converium, the Swiss reinsurer spun off five years ago from Zurich Financial Services AG, may have its credit rating raised by Standard & Poor?s after the company focused on its more profitable business.
The outlook on Converium?...
DATE: Aug 01, 2006
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Net interest income at the Bank of Bermuda jumped 53 percent in the first half of 2006 as the bank benefited from rising interest rates, HSBC said in its six-month report yesterday.
HSBC said the rise ? which did not contain a dollar figure ? came as...
DATE: Aug 01, 2006
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Employers and employees will pay more in the Contributory Pension Fund beginning next week.
The Department of Social Insurance yesterday advised all employers that the weekly contributory rates will rise from $50.68 to $53.60 from Monday, August 7.
E...
DATE: Aug 01, 2006
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Saying Bermuda has "lost the race" for hedge funds business, Bermuda-based technology company Ignition is establishing an office in the Cayman Islands to service the burgeoning sector.
Ignition aims to provide businesses in Cayman with technology-bas...
DATE: Aug 01, 2006
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WASHINGTON (Bloomberg) ? Bermuda-registered Bunge Ltd., the world's biggest oilseed processor, and Southwest Iowa Renewable Energy LLC have agreed to build and operate a 110-million gallon per-year ethanol plant near Council Bluffs, Iowa.
Under the a...
DATE: Aug 01, 2006
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LONDON (Bloomberg) ? Nordic American Tanker Shipping Ltd., which operates ten tankers to transport oil, bought two second-hand million-barrel crude carriers for $165.1 million, the company said yesterday.
Nordic American expects the acquisitions to b...
DATE: Aug 01, 2006
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