49296 results returned for search: "" category ("Other" AND "Business")
A case involving developer David Dodwell, his former business partner Lee Koehler and the Bank of Bermuda Ltd. could be set to return to the same court where it started almost 17 years ago.
Mr. Koehler first filed a lawsuit against Mr. Dodwell in the...
DATE: Jun 18, 2009
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TORONTO (Reuters) - Toronto's main stock index finished lower for a fourth straight session yesterday as investors continued to pocket gains after the index staged a remarkable rally from the five-year low it hit in March.
The TSX index fell to its l...
DATE: Jun 18, 2009
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Ram Holdings Ltd. suffered a $159.4 million annual net loss as a result of the "unprecedented impact" of the credit crisis during 2008.
That was according to Vernon Endo, president and CEO of Ram Holdings, who said in a letter to shareholders that th...
DATE: Jun 18, 2009
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Some investors in the Butterfield Bank $200 million preference share issue have been told they will be able to buy only half of what they applied for.
Two investors who called this newspaper yesterday said they had been told that anyone who applied t...
DATE: Jun 18, 2009
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AUTHOR:
Jonathan Kent
The age of cloud computing has arrived, or so IBM would have us believe. For the past five years, the term has been bandied about by the technical and theoretical crowd, without much agreement on what it means.
One could say the concept is about as h...
DATE: Jun 17, 2009
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LONDON (AP) — Tesco PLC, the world's third largest retailer, reported solid growth in quarterly sales yesterday with its international businesses making a strong contribution to the increase.
Tesco, which ranks behind US Wal-Mart Stores Inc. and Fran...
DATE: Jun 17, 2009
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Bermuda-based Appleby and Dickinson Cruickshank of the Isle of Man are set to merge, forming the world's largest offshore law firm.
Appleby announced the deal yesterday, which is due to become effective from October 1 and will see the company expand ...
DATE: Jun 17, 2009
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In a time of financial turmoil, the insurance industry faces an unprecedented opportunity to begin selling on value and not on price, Joe Plumeri, chairman and CEO of Bermuda-domiciled Willis Group Holdings, the global insurance broker, told delegate...
DATE: Jun 17, 2009
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NEW YORK (AP) — Former American International Group Inc. CEO Maurice (Hank) Greenberg says a retirement bonus fund that AIG is trying to reclaim in federal court was not intended solely for AIG employees.
The insurance giant has accused Greenberg, th...
DATE: Jun 17, 2009
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Bermuda's shopkeepers endured yet more misery as retail sales fell by the second biggest amount this year, according to the latest statistics released by Government.
The Department of Statistics' Retail Sales Index revealed that retail sales volume d...
DATE: Jun 17, 2009
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