49296 results returned for search: "" category ("Other" AND "Business")
By and large, leading economic indicators are pointing to a pickup in global activity in the second half of the year. It looks quite positive except that a number of risk factors are lurking about, with the potential to upset a smooth transition to t...
DATE: Mar 02, 2005
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In much the same way that illegal music sharing sites pushed recording companies to allow the set up of legitimate online shops for their products, BitTorrent is paving the way for the future of the television and movie market.
Of course Internet sit...
DATE: Mar 02, 2005
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An eccentric American millionaire who set up a Bermuda-based company to turn the Russian space station Mir into a hotel has been arrested and charged with evading more than $200 million in federal and local US taxes.
Walter Anderson, who made million...
DATE: Mar 02, 2005
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@MARKET ROUNDUP:bsx 3,277.05 +4.79
The Royal Gazette/Bermuda Stock Exchange Index gained 4.79 points or 0.15 percent yesterday, closing at 3,277.05.
Butterfield Bank saw 2,341 shares traded, although the stock remained unchanged at $42 at the end of ...
DATE: Mar 02, 2005
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Payments by American International Group to a Bermuda-based private holding company owned by AIG?s top executives have been questioned in a lawsuit filed by a Louisiana pension fund.
And New York state Attorney General Eliot Spitzer has asked for inf...
DATE: Mar 01, 2005
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The Bank of Bermuda contributed $90 million to HSBC Plc?s annual pre-tax profit for 2004, HSBC revealed yesterday.
HSBC, the world?s second largest bank after Citicorp, earned $17.6 billion before tax and payments to minority interests for the year e...
DATE: Mar 01, 2005
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After seeing property reinsurance premiums plunge in the January renewal period, Bermuda-based Montpelier Re has announced it will pay its shareholders a special dividend of $390 million.
The decision to issue the dividend of $5.50 per common share a...
DATE: Mar 01, 2005
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RenaissanceRe Holdings Ltd., which last week said it would restate three years worth of financial statements to correct accounting errors, said yesterday it had received a subpoena from the US Securities and Exchange Commission in connection with an ...
DATE: Mar 01, 2005
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Feb. 28 (Bloomberg) -- HSBC Holdings Plc, Europe's biggest bank by market value, reported the slowest earnings growth in 2 1/2 years as earnings from consumer lending in the U.S. declined.
Second-half profit rose 18 percent to $5.49 billion from $4.6...
DATE: Mar 01, 2005
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Ace Ltd. said today that board members Walter Scott and Dominic Frederico won't seek re-election when their current terms end in May.
Scott had been chief executive officer from 1989 to 1994, and oversaw the company's 1993 initial public offering, Ac...
DATE: Mar 01, 2005
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