49296 results returned for search: "" category ("Other" AND "Business")
A Bermudian entrepreneur is looking to give something back to his country with the launch of a new sustainable energy business which converts waste into power. If successful with its test model of Bermuda, Oliver Binns, CEO of the Bermuda Environment...
DATE: Apr 27, 2011
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Butterfield Bank is paying the Carlyle Group a $4 million annual fee for advice on managing its balance sheet.
The payment, which was revealed in the bank’s Annual Report 2010, is a three-year agreement that the bank entered into last October.
Accord...
DATE: Apr 27, 2011
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Butterfield Bank returned to profit in the first quarter - and bosses are now confident they can keep earnings positive after three years blighted by huge losses.
The bank reported reported net income for the first three months of the year of $8.4 mi...
DATE: Apr 27, 2011
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A passion for dogs led to entrepreneur Michelle Johnson swapping her office job to become a full-time mobile groomer.
Ms Johnson, who started her business seven years ago, quit the corporate world after 30 years working in administration to take the ...
DATE: Apr 26, 2011
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NEW YORK (Reuters) - US stocks posted their first positive week in three as more healthy earnings news lifted Wall Street on Thursday, though gains were limited with another 180 S&P names due to report next week.
Apple’s blowout results and strong re...
DATE: Apr 23, 2011
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You’re a Luddite. “What did you call me?” I asked my husband, ready to fuss him out. “You’re a Luddite,” he said again. But before I could offer a comeback, I had to look up the word.
The Merriam-Webster online dictionary defines a Luddite first as a...
DATE: Apr 23, 2011
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WASHINGTON (Reuters) - Suddenly, everyone is talking about immediate annuities as if they were the answer to every retirement question.
Unions and other fans of traditional pensions like the guaranteed income stream these products promise to retiring...
DATE: Apr 23, 2011
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Q. What’s the future for Tyco International Ltd.? I am a shareholder. - D.M., via the Internet
A. The future looks bright for this diversified company that is eager to shed lingering negative publicity from the scandal associated with a past CEO.
A U...
DATE: Apr 23, 2011
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Global reinsurers are “at a critical point” from the combined effects of hefty claims from a series of catastrophes and an ongoing soft market, according to report about to be published by ratings agency AM Best.
Bermuda and US reinsurers achieved a ...
DATE: Apr 21, 2011
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Bermuda-based re/insurer Catlin Group Ltd expects losses of around $200 million from last month’s Japanese earthquake and tsunami.
The company said yesterday that the estimate, which is net of reinsurance and reinstatements, was based on industry los...
DATE: Apr 21, 2011
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