49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) - Administrators took control of British van maker LDV yesterday and put more than 800 people out of work, hours after the company was placed under bankruptcy protection following the collapse of a rescue bid by a Malaysian company.
Admin...
DATE: Jun 09, 2009
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Butterfield Bank saw its share price drop 25 cents (4.54 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank closed the day at $5.25, with 19,200 shares traded.
LOM (Holdings) Ltd. also saw 5,000 shares change hands a...
DATE: Jun 09, 2009
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Bermuda was yesterday removed from an international list of "tax havens" after the Island reached the magic dozen of tax information exchange agreements (TIEAs).
Shortly after Finance Minister Paula Cox signed the Island's 12th agreement with the Net...
DATE: Jun 09, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based Digicel Group Ltd. announced that its revenues were up 11 percent at $1.73 billion year-on-year for the fiscal year ended March 31, 2009.
A major operator in the Cariibbean and Central American cellular market also saw its number of sub...
DATE: Jun 09, 2009
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Bermuda has a big part to play in the US trade and jobs market, according to a report commissioned by the Bermuda International Business Association (BIBA).
The US-Bermuda Economic Relations: Economic Impact Study 2009, which was conducted by Washing...
DATE: Jun 08, 2009
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Allied World Assurance Co. (US) Inc. has entered the US primary casualty market with new admitted capabilities.
Allied World, a member of Allied World Assurance Co. Holdings Ltd., said Kevin Behan, senior vice-president of general casualty, brokerag...
DATE: Jun 08, 2009
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Argo Group International Holdings has announced that Heritage Managing Agency has been renamed as Argo Managing Agency and will carry out business under the brand name of Argo International.
Argo Group said that the change continues the integration o...
DATE: Jun 08, 2009
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Insurer Argus Group Holdings Ltd. advanced 6.4 percent on the Bermuda Stock Exchange (BSX) last week.
Argus gained 45 cents to close on $7.50, as 12,000 of its shares traded over the first trading week of June.
The other domestic firm to make gains w...
DATE: Jun 08, 2009
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In his trip to China last week, Tim Geithner, the US Treasury secretary made some fairly unexceptional comments about the need for appropriate policies in both countries to address the issue of imbalances. He was careful not to say anything about cur...
DATE: Jun 08, 2009
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RenaissanceRe Holdings Ltd. is set to acquire Spectrum Partners Ltd., whose principal operating subsidiary is Spectrum Syndicate Management Ltd. (Spectrum), a Lloyd's of London managing agent.
The reinsurer received approval from Lloyd's in April 200...
DATE: Jun 08, 2009
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