49296 results returned for search: "" category ("Other" AND "Business")
Only a third of the public service employees’ pension plan is funded right now, according to an actuarial valuation report by Canadian consultants Morneau Shepell.
The plan’s unfunded pension liability was $876 million as of March 2010 while its pro...
DATE: May 17, 2012
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The FBI is warning international travellers that they should avoid updating software while they’re on the road.
The Bureau issued an alert that warns travellers to watch out for fake a malicious software update messages when connecting to wireless n...
DATE: May 16, 2012
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Government said yesterday that construction of a new St Regis hotel and residences in the City of Hamilton will create some 600 jobs — but still no date has been given for groundbreaking on the proposed resort.
Minister of Business Development and To...
DATE: May 16, 2012
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Students from Warwick Academy just made $10,000 for their school by showing they can invest their money wisely.
Team ‘Horan’s Hunters’ took first place in the seventh annual KPMG Investment Challenge.
The annual competition calls on teams of studen...
DATE: May 15, 2012
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Rosewood Tucker’s Point Hotel & Spa has achieved its Green Globe certification — a sustainable development programme designed for the travel and tourism industry.
It is the first resort property in Bermuda to achieve the industry certification.
Green...
DATE: May 15, 2012
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A federal judge said during a court hearing in New York he’s is prepared to order an XL Group insurance company to keep paying the legal fees of several former hedge fund managers and traders caught up in an insider trading investigation.
According t...
DATE: May 14, 2012
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Bermuda-based bond insurer Assured Guaranty Ltd saw first-quarter profit fall as it took a net loss of more than $136 million on defaulted Greek debt that it insured.
Operating income fell to $71.2 million in the first quarter, compared with $247.4 m...
DATE: May 14, 2012
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West Hamilton Holdings Ltd today announced that its operating profit rose 12.6 percent to more than $633,000 in 2011.
In a letter to shareholders, president and chairman David White said that increased demand for parking spaces had helped to boost re...
DATE: May 14, 2012
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Bermuda-based insurer Catlin Group wrote more business in the first quarter of the year, but premiums written through its Bermuda operation fell 16 percent.
In its interim management statement, the company said it had seen higher rates, especially in...
DATE: May 14, 2012
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The multimillionaire owner of Lantana is speaking out against a local bank after two attempts to buy Newstead Belmont Hills golf club and fractional resort fell through at the last minute.
New York-based investor Lawrence Doyle said: "I have bought a...
DATE: May 14, 2012
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