49296 results returned for search: "" category ("Other" AND "Business")
The pick of Bermuda's top students had their first taste of the business world thanks to the 2009 Summer Internship Programme (SIP) put on by Ace Group, the Bank of Bermuda and Deloitte.
The 12 Bermudian university students had exposure to re/insuran...
DATE: Aug 07, 2009
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NEW YORK (Bloomberg) — Bermuda-based Assured Guaranty Ltd., the bond insurer backed by billionaire Wilbur Ross, reported a loss of $170 million for the second quarter following a markdown related to credit derivatives contracts.
The loss of $1.82 a s...
DATE: Aug 07, 2009
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NEW YORK (Bloomberg) — The trustee liquidating Bernard Madoff's investment company won court approval of a $14.7 million bill for four months' work by his law firm, overcoming challenges from victims.
The payment to trustee Irving Picard and his firm...
DATE: Aug 07, 2009
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LONDON (Reuters) - New car registrations in Britain rose 2.4 percent on the year in July, the first annual increase in 15 months, helped by a government scheme to boost car sales, the Society of Motor Manufacturers and Traders said yesterday.
The dat...
DATE: Aug 07, 2009
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LOS ANGELES (AP) — News Corp said it lost $203 million in the latest quarter due to a huge writedown at MySpace, but Rupert Murdoch said his global media conglomerate is seeing signs of life in moribund advertising markets.
Results for the quarter to...
DATE: Aug 07, 2009
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WASHINGTON (Reuters) - AIG's former chief executive Maurice (Hank) Greenberg agreed to pay $15 million to settle government allegations that he had cooked the books to inflate the insurer's earnings in the first half of this decade, the Securities an...
DATE: Aug 07, 2009
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NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd., the futures and options broker, reported a first-quarter net loss of $32.8 million on lower trading volumes at exchanges worldwide.
The loss was equivalent to 27 cents a share, and compared with a ...
DATE: Aug 07, 2009
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The Computer Society of Bermuda (CSB) has raised "deep concerns" over the future of Bermuda's telecommunications sector in light of recent rulings handed down by the Telecommunications Commission to scheduled access providers.
The CSB said the ruling...
DATE: Aug 07, 2009
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LONDON (AP) — British bank Barclays said yesterday that US investment manager BlackRock Inc.'s offer for its asset management arm, Barclays Global Investors, was a "compelling proposal" that could generate as much as $14.2 billion.
Barclays said that...
DATE: Aug 07, 2009
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Pulp & Circumstance's Dockyard store has shut its doors for the last time, with owner Kristi Grayston citing slow trade as the reason behind the move.
Ms Grayston, who also runs stores in Hamilton and LF Wade International Airport, said the cruise sh...
DATE: Aug 06, 2009
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