49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Hiscox Ltd. has announced the appointment of two healthcare underwriters to Hiscox Bermuda, subject to immigration approvals.
Ian Thompson has been appointed senior vice-president of healthcare and Nick Williamson as vice-president of h...
DATE: Jul 14, 2009
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LONDON (AP) — The body set up to manage the government's stake in nationalised banks said yesterday that it will be "challenging" to return the investments to the private sector.
UK Financial Investments Ltd. said the government's stakes in Royal Ban...
DATE: Jul 14, 2009
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NEW YORK (Reuters) - Global stocks snapped back yesterday following positive comments on financial shares from an influential bank analyst who is normally bearish, while the US dollar rebounded off a five-month low against the yen.
Prices of US Treas...
DATE: Jul 14, 2009
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NEW YORK (Bloomberg) - Bermuda-based Nabors Industries Ltd., the world's largest onshore oil and natural-gas driller, said second-quarter results were cut as lower gas prices reduced demand for its services.
Write-downs of rigs, oil and gas assets an...
DATE: Jul 14, 2009
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Butterfield Bank was the busiest trader on The Bermuda Stock Exchange (BSX) yesterday, with a combined total of 168 common and preference shares changing hands.
The bank saw 100 common shares transacted, as its share value rose by 55 cents (11.82 per...
DATE: Jul 14, 2009
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LONDON (AP) — British insurance and pensions provider Friends Provident PLC said yesterday that it had rejected a £1.7 billion ($2.7 billion) takeover offer from buyout company Resolution Ltd.
Friends Provident said the proposed offer of 0.8 new Reso...
DATE: Jul 14, 2009
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NEW YORK (Bloomberg) — Jailed conman Bernard Madoff is "in transit" to the prison where he will serve his 150-year sentence, a Bureau of Prisons spokesman said last night.
The US Bureau of Prisons is transferring Madoff from a high-security lockup in...
DATE: Jul 14, 2009
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NEW YORK (Bloomberg) — Insurance regulators are too dependent on ratings firms and need alternatives to companies like Standard & Poor's and Moody's Investors Service, said New York's chief industry watchdog, Kermitt Brooks.
"We've relied too much on...
DATE: Jul 14, 2009
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Bacardi International's president and CEO Michael Brennan will be watching with keen interest to see whether the US lifts its trade embargo with Cuba.
Mr. Brennan, who took time out from his busy schedule to talk exclusively to The Royal Gazette at t...
DATE: Jul 13, 2009
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Butterfield Bank has announced the resignation of Graham Brooks as a director of the bank, with effect from the end of last month.
Mr. Brooks is executive vice-president of international investment at the bank and in September last year was due to be...
DATE: Jul 13, 2009
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