49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) - Bermuda-based MF Global Ltd.'s London brokerage unit is being sued for at least £9.3 million ($12.8 million) by a day trader who says an account manager misrepresented his results.
Lawyers for Raj Gill, an independent trader, sai...
DATE: Mar 10, 2009
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Householders enjoyed some respite from the ever-rising cost of living in Bermuda as the price of electricity per kilowatt-hour fell 1.8 percent in January, according to the latest figures released by Government.
And electricity prices have fallen mor...
DATE: Mar 10, 2009
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Flowers could be set to come back into fashion in style in Bermuda thanks to a new florist shop in St. George's.
Alison Bardgett, owner and designer at East End Flower Alley, which is based in 3 Bridge Street and opened its doors three weeks ago, is ...
DATE: Mar 10, 2009
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Bermuda-based insurer Hiscox Ltd.'s chairman Robert Hiscox described his company's 2008 financial results as a "robust performance", despite seeing its profit before tax more than halved over the past year.
The insurance company's profit before tax f...
DATE: Mar 10, 2009
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Brit Insurance has snubbed Bermuda in its search for a new domicile and is set to move to Holland instead.
The Lloyd's of London insurer confirmed the long-anticipated move along with its annual results for 2008, saying that relocating its head offic...
DATE: Mar 10, 2009
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HOUSTON (Reuters) - Life isn't easy for Ralph Janvey, the court-appointed receiver now overseeing the financial empire of Texas billionaire Allen Stanford, accused by US regulators of carrying out a massive Ponzi scheme.
Janvey, a straight-talking, D...
DATE: Mar 10, 2009
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FIX THE BOOKS: Calling all Leo Blooms.
The mousy accountant portrayed in "The Producers" may be the poster boy for a booming career in an uncertain economy. Employment of accountants is expected to grow by about 18 percent between 2006 and 2016, fast...
DATE: Mar 10, 2009
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NEW YORK (Reuters) - AIG senior reinsurance executive Charles Dangelo has left the insurer to join a company run by its former chief executive officer Maurice (Hank) Greenberg.
Dangelo joins the growing number of executives who have left American Int...
DATE: Mar 10, 2009
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LONDON (Reuters) - European banks declined to discuss a report that they were beneficiaries of the $173 billion bail-out of insurer AIG that has sparked political furore in the United States.
Goldman Sachs, Morgan Stanley and a host of other US and E...
DATE: Mar 10, 2009
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NEW YORK (AP) - Bermuda-based insurer XL Capital paid out more than $16 million in compensation to the two chief executives that oversaw the company in 2008.
Non-executive chairman Brian O'Hara, who served as CEO until April 30, took home $8.7 millio...
DATE: Mar 10, 2009
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