49296 results returned for search: "" category ("Other" AND "Business")
Investors are scrambling to get involved in the Butterfield Bank rights issue.
Almost 7.4 million rights — which will give buyers the chance to buy Butterfield common shares at $1.21 — were traded on the Bermuda Stock Exchange (BSX) yesterday.
The ri...
DATE: May 06, 2010
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WASHINGTON — James Cayne, who led Bear Stearns for 15 years before its implosion, defended the conduct of the Wall Street firm against scepticism that uncontrollable outside forces were to blame.
The firm's stunning collapse in March 2008 "was due to...
DATE: May 06, 2010
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Bermuda-based Torus Insurance Holdings Ltd. has hired Marina Moore from XL Capital to be its senior offshore construction underwriter with immediate effect.
Reporting to David Message, senior vice-president Global Head of Offshore Energy, Ms. Moore w...
DATE: May 06, 2010
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Amlin is redomiciling its Bermuda unit to Switzerland as part of a move to create a new European reinsurance operation.
The insurer, whose headquarters is in London, said yesterday that the Island operation, which employs 32 people, would be operatio...
DATE: May 06, 2010
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AUTHOR:
Jonathan Kent
The winners of the 2010 Technology Innovation Awards or "TechAwards" - part of Techweek10 - were announced yesterday.
Nominations increased from 64 in 2009 to a total of 153 entries for 2010.
The Best Interactive Experience was Wise Body Wellness. Th...
DATE: May 06, 2010
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San Francisco (MarketWatch) — As oil keeps flowing from an uncapped well alongside the sunken hulk of the Deepwater Horizon, the insurance industry is becoming more concerned about the cost of the disaster. At first, the industry focused on the rig i...
DATE: May 06, 2010
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TORONTO (Reuters) - Toronto's resource-heavy main stock index tumbled yesterday for a third straight session, dragged lower by a slide in oil, as fears intensified that Greece's debt crisis could spread to other euro zone countries and derail economi...
DATE: May 06, 2010
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Mello Jones & Martin (MJM) partner Peter Martin has won the General Corporate category for Bermuda in the International Law Office Client Choice Awards 2010.
With more than 20 years of experience in corporate and commercial law, Mr. Martin regularly...
DATE: May 06, 2010
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BRUSSELS (Bloomberg) — European governments' debt burden may continue to swell for "some time", the European Commission said, as the Greek fiscal crisis threatens to spread and more nations risk having their credit ratings cut.
The average deficit in...
DATE: May 06, 2010
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Bermuda-based re/insurer Lancashire Holdings Ltd. said yesterday its net loss from the sunken oil rig in the Gulf of Mexico is likely to be around $25 million.
The comment came as the company announced its first-quarter profit fell almost 80 percent,...
DATE: May 06, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
