3082 results returned for search: "" category "International Business"
Oil Insurance Ltd (OIL) recorded net income of $781.8 million last year, the Bermuda-based energy industry mutual insurer revealed yesterday.
OIL was not hit hard by the Deepwater Horizon oil rig loss in the Gulf of Mexico last April, because its mem...
DATE: Mar 29, 2011
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CATEGORY:
International Business
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CALGARY (Reuters) - Canadian oil and gas company C&C Energia said its unit plans to buy Bermuda-based explorer Ramshorn International’s Colombian oil and gas properties for $89 million.
C&C, which owns a 30 percent interest in the Cachicamo block in ...
DATE: Mar 28, 2011
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CATEGORY:
International Business
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Investment bank Shore Capital Group Ltd’s profit held up well during 2010 driven by a diverse range of operations and strong balance.
The company, which is focused on equity capital markets, alternative asset class fund management and principal finan...
DATE: Mar 28, 2011
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CATEGORY:
International Business
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KINGSTON, Jamaica (AP) The population of the Cayman Islands is falling, preliminary census statistics show, sparking worries about how a diminishing work force will affect the wealthy British Overseas Territory’s economy.
Cayman Islands Premier McKee...
DATE: Mar 28, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) The former chairman of Bermuda-based Genpact Ltd, Rajat Gupta, invoked his Fifth Amendment right not to incriminate himself when the US Securities and Exchange Commission sought to question him, a prosecutor said.
Shortly before ...
DATE: Mar 25, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - Goldman Sachs Group Inc chief Lloyd Blankfein told jurors at Raj Rajaratnam’s insider trading trial that a former director at Wall Street’s most powerful bank - who is also the former chairman of Bermuda-domiciled Genpact Ltd - v...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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Bermuda-based Bacardi Ltd has announced world number one tennis star Rafael Nadal as the new Bacardi Ltd Global Social Responsibility Ambassador to lead its responsible drinking campaign, ‘Champions Drink Responsibly’.
The campaign will utilise adve...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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The role of international financial centres (IFCs) in promoting global economic growth and stability will be one of the key themes for the upcoming Society of Trust and Estate Practitioners Caribbean Conference set to be held in Bermuda this summer.
...
DATE: Mar 24, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - A former Intel Corp executive testified that he shared company secrets with his friend, hedge fund founder Raj Rajaratnam, the central figure in the biggest Wall Street insider trading trial in decades.
Rajiv Goel, the second fri...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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Bermuda-based Nordic American Tankers will be a good position to reap the benefits from the markets as it develops through expanding its fleet of vessels and boosting its earnings potential.
That is according to the company’s chairman and CEO Herbjor...
DATE: Mar 23, 2011
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CATEGORY:
International Business
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