76492 results returned for search: "" category "Business"
Insurance writer Roger Crombie reflects on the long and influential career of outgoing American International Group CEO Hank Greenberg.
Maurice (Hank) Greenberg stepped down from his position as chief executive officer of American International Group...
DATE: Mar 18, 2005
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ESG Re opens $60 million suit against Deloitte & Touche
Bermuda-based ESG Re has launched a $60 million dollar negligence claim against auditing firm Deloitte & Touche in the Bermuda, Ireland and the US.
Although registered in Bermuda, ESG Re operate...
DATE: Mar 18, 2005
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(Bloomberg) Tyco International Ltd.?s former treasurer said he transferred tens of millions of dollars from company loan programmes to fund personal expenses for then-chief executive officer L. Dennis Kozlowski and his finance chief.
Michael A. Robi...
DATE: Mar 18, 2005
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Retails sales in January fell to their lowest level in more than two years with consumers buying 3.9 percent less this year than they did in January, 2004.
The situation probably wasn?t helped by a significant increase in overseas spending with Bermu...
DATE: Mar 18, 2005
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The Royal Gazette/Bermuda Stock Exchange Index was extremely quiet yesterday, with no trading taking place. The index closed unchanged at the 52 week high of 3,367.95 following Wednesday's highly active day of trading.
DATE: Mar 18, 2005
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Further warnings on suspect or bogus companies claiming to have ties to the Island are up on the website of investor watchdog, the Bermuda Monetary Authority.
The beefed up list ? after an update in late February ? follows the BMA publishing details ...
DATE: Mar 18, 2005
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(Bloomberg) Aon Corp., the world?s second- largest insurance broker, said the US Department of Labor sent the company a subpoena seeking information about its employee benefits business.
The subpoena, received in early February, requests details on ...
DATE: Mar 18, 2005
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LONDON (Reuters) ? London-listed reinsurer Alea reported an 80-percent drop in pre-tax profits, defying expectations of a loss, and said its finance director had resigned, the fourth senior manager to go in ten months.
Profits before tax fell to $10....
DATE: Mar 18, 2005
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RSI Year-over-year percentage changes by volume of retail sales for the last 12 months:
January, 2004 +4.1%
February, 2004 +4.9%
March, 2004 +5.7%
April, 2004 +0.5%
May, 2004 +2.9%
June, 2004 +4.3%
July, 2004 -1.5%
August, 2004 +2.3%
Sept., 2004 +4.9...
DATE: Mar 18, 2005
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It?s probably fair to say that the issue of stress is never far from the minds of most people in modern-day Bermuda.
The high cost of living, the much more rapid pace at which we live and work and the pressures of our responsibilities ? as employers ...
DATE: Mar 18, 2005
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