76483 results returned for search: "" category "Business"
Each year, a more powerful computer comes on the scene, giving us an indication of the kind of technology that may eventually trickle down to desktops across the world.
Last year it was IBM?s BlueGene/L supercomputer, which surpassed NEC?s Earth Simu...
DATE: Aug 03, 2005
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NEW YORK (AP) ? Sentencing for two former top Tyco International executives convicted of stealing hundreds of millions of dollars from the company has been postponed while lawyers prepare to argue how much money they must repay.
Former Tyco CEO L. De...
DATE: Aug 02, 2005
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The United Kingdom?s Financial Services Authority (FSA) has granted The Bermuda Stock Exchange Designated Investment Exchange (DIE) status.
The independent regulator of the financial services industry in the UK granted DIE status to the BSX after rev...
DATE: Aug 02, 2005
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The Royal Gazette/Bermuda Stock Exchange Index rose 110.53 points to close at 3,487.77, driven by the sale of 40,044 Butterfield Bank shares. Butterfield Bank closed $2.50 higher at $45.
Some 1,300 BF&M shares changed hands to close unchanged at $14 ...
DATE: Aug 02, 2005
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White Mountains Insurance Group Ltd. on Friday said it made $147 million in second quarter net income, as policy sales continued to turn a profit and investment income improved despite currency losses.
White Mountains? second quarter net income decli...
DATE: Aug 02, 2005
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The following Bermuda based companies released quarterly earnings reports in recent days:reported that its net income for the 2005 second quarter rose 21 percent to $126 million compared with $104.3 million for the 2004 second quarter.
The company?s ...
DATE: Aug 02, 2005
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HSBC Holdings Plc, the world's second largest bank by market value, yesterday reported a five percent rise in half-year pretax profit to $10.64 billion.
HSBC, the multinational bank that last year bought out Bank of Bermuda for $1.3 billion, said geo...
DATE: Aug 02, 2005
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The proposed buyer of the Bermuda operations of Cingular Wireless moved last week to reassure customers that Digicel and Cingular are committed to making the transition a seamless experience.
Digicel, which is the fastest growing mobile telecommunica...
DATE: Aug 01, 2005
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Bermuda?s balance of payments recorded a surplus of $47 million in the first quarter of 2005, compared to a surplus of $23 million in the corresponding period in 2003.
The Bermuda Monetary Authority?s economic figures show that payments in the first ...
DATE: Aug 01, 2005
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As expected, Chinese policymakers made a modest start in the long-run process of revaluing the renminbi. The currency regime was changed from one based on a dollar peg to a managed float, versus a basket of currencies. This opens up the possibility o...
DATE: Jul 30, 2005
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