49296 results returned for search: "" category ("Other" AND "Business")
The rate of inflation hit a 32-year low as the cost of fuel and power continued to drop, according to the latest statistics released by Government.
The Department of Statistics' Consumer Price Index revealed that the annual inflation rate was 1.4 per...
DATE: Jul 10, 2009
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The Bermuda Stock Exchange (BSX) opened and closed at 2,257.74 yesterday.
A total of 8,900 shares worth $50,000 were traded, including 8,800 Kentucky Fried Chicken Bermuda Ltd. shares, 342 Butterfield Bank preference shares and 100 shares in the Asce...
DATE: Jul 10, 2009
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Former Wachovia Corp. CFO David Zwiener has been appointed to the board of PartnerRe.
Mr. Zwiener, aged 54, was president and chief operating officer of the property and casualty operations at Hartford Financial Services Group Inc. between 2000 and 2...
DATE: Jul 10, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer bailed out by the US, was cut to "sell" by Standard & Poor's on the prospect that more investors will bet against the shares after its reverse stock split.
The split, in which stoc...
DATE: Jul 09, 2009
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Staff at Ernst & Young Ltd. (E&Y) are set to move offices into the vacant space in XL House, The Royal Gazette can reveal.
The accounting firm, which is currently based in Reid Street, Hamilton, will move its employees to XL Capital's headquarters in...
DATE: Jul 09, 2009
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LONDON (AP) — Consumer confidence in the United Kingdom rose in June as more people said they expected better times by the end of the year, a bank said yesterday, but a drop in a closely watched house price survey tempered optimism about a recovery.
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DATE: Jul 09, 2009
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NEW YORK (Bloomberg) — Bermuda-based XL Capital Ltd., the insurer that tripled in New York trading this year, was upgraded by Credit Suisse Group AG to "outperform" because of gains in the company's bond portfolio.
XL's book value per share, a measur...
DATE: Jul 09, 2009
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A host of Bermudian students can look forward to getting ahead in the insurance world after winning scholarship awards from the Ace Group of Companies.
The scholarships, which included the prestigious Ace/Robert Clements Scholarship, the Ace/Bermuda ...
DATE: Jul 09, 2009
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IPC Holdings Ltd.'s interim chief executive officer John Weale said yesterday that the Bermuda reinsurer has received several proposals of interest beside the takeover bids tabled by Validus Holdings Ltd. and Flagstone Reinsurance Holdings Ltd.
Chief...
DATE: Jul 09, 2009
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AUTHOR:
Jonathan Kent
Utilities proved to be the busiest sector on The Bermuda Stock Exchange (BSX) yesterday, with both the Ascendant Group Ltd. and KeyTech Ltd. seeing their share prices rise.
The Ascendant Group's share value increased by 60 cents (3.9 percent) to $16,...
DATE: Jul 09, 2009
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