49296 results returned for search: "" category ("Other" AND "Business")
As forecast in this column recently, the Payments Council Board in the UK has set a target date of October 31, 2018 to close the central cheque clearing system. Cheques will no longer be processed after that date.
The board's logic is that cheque us...
DATE: Dec 19, 2009
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It has been said that the articles that I write are more like homework, very good reads, they'll say (guess not to hurt my feelings), interesting, factual, but often to be put aside to be mulled over later. My co-columnist, Roger, generates more comm...
DATE: Dec 19, 2009
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Butterfield Bank's common shares rose 20 cents (5.26 percent) to $4 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 6,290 common shares during the day.
But BF&M Ltd. dropped 20 cents (1.34 percent) to $15.05, with 2,000 shares changing...
DATE: Dec 19, 2009
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Shoppers will be able to order books and other gifts online for Christmas after Brown & Co. launched its new website.
Found at www.brown.bm, it was developed by award-winning web design firm Maven Concepts and features links to all of the shop depart...
DATE: Dec 18, 2009
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Fitch Ratings yesterday affirmed the A- insurer financial strength (IFS) rating of Bermuda-based Montpelier Reinsurance Ltd., with a stable outlook.
The ratings agency said the reinsurer's diversification into lines of non-catastrophe business - if i...
DATE: Dec 18, 2009
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TORONTO (Reuters) - Toronto's main stock index fell yesterday as oil companies and gold miners tripped over lower prices for commodities, while bank shares fell after earnings estimates for US banks were trimmed by an influential bank analyst.
Suncor...
DATE: Dec 18, 2009
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Jim Butterfield said it came as no surprise to hear that Maxcem Bermuda Ltd. had not been required to fulfil the same terms and conditions to run the Dockyard Cement Facility imposed by landlord West End Development Corporation (Wedco) on his company...
DATE: Dec 18, 2009
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NEW YORK (AP) - A rising dollar and disappointing corporate news pushed stocks lower and Treasurys higher yesterday over concerns that the economy will struggle to recover.
Major stock indexes slid one percent, including the Dow Jones industrial aver...
DATE: Dec 18, 2009
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Bermuda-based business insurer XL Capital Ltd. announced that Clayton Rose has joined the company's board of directors.
Mr. Rose is a Professor of Management Practice at the Harvard Business School and is a former executive of JP Morgan & Co.
While a...
DATE: Dec 18, 2009
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Stanford Found in Contempt on Insurance, Not Punished by Judge
c.2009 Bloomberg News
Dec. 17 (Bloomberg) -- R. Allen Stanford, who is facing civil and criminal allegations he led a $7 billion fraud scheme, was found in contempt of court by a U.S. jud...
DATE: Dec 18, 2009
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