49296 results returned for search: "" category ("Other" AND "Business")
Butterfield Bank's common share price returned to $2 yesterday, dropping 20 percent (50 cents) on The Bermuda Stock Exchange during the day.
The bank traded 8,100 shares.
The only other trader was BF&M Ltd., which saw eight shares change hands, to op...
DATE: Mar 09, 2010
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SHANGHAI (Bloomberg) — China WindPower Group Ltd., the Bermuda-based renewable energy company, plans to invest about HK$900 million ($116 million) in wind farms this year after posting a 55 percent gain in nine-month profit on higher demand.
The Hong...
DATE: Mar 09, 2010
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One cycle livery is planning to cut the number of its motorcycles on the road by 25 percent for the forthcoming season.
Oleander Cycles' operations manager Johann Moik said the company intends not to relicense 250 of its 1,000-strong fleet for the ne...
DATE: Mar 09, 2010
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More than 60 percent of chief financial officers (CFOs) plan to make major changes in response to the new economic climate.
Those were the findings of a major new study conducted by IBM of more than 1,900 CFOs and senior finance executives from 81 co...
DATE: Mar 09, 2010
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European captive insurers may decide to move offshore if imminent new insurance rules known as Solvency II prove to be expensive for them.
That is the view of the executive manager of the European Captive Insurance and Reinsurance Owners' Association...
DATE: Mar 09, 2010
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Logic Communications has overtaken North Rock in the Internet Service Provider (ISP) market and now has just under 50 percent of the market in Bermuda, according to an independent survey on Internet access and communications.
The survey, which was co...
DATE: Mar 09, 2010
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LONDON (Reuters) - Lloyd's of London insurer Chaucer said it would weigh up moving offshore for tax purposes later this year after reporting a return to profitability in 2009, helped by better investment returns.
Chaucer chief executive Bob Stuchberr...
DATE: Mar 09, 2010
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CHARLOTTE, North Carolina (AP) — American International Group Inc. said yesterday it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will giv...
DATE: Mar 09, 2010
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LONDON - Britain's top share index hit an 18-month closing high, led by oil stocks and miners, while drugmakers fell with AstraZeneca pressured after its cancer drug failed in trials. The FTSE 100 ended up 6.96 points, or 0.12 percent, at 5,606.72, i...
DATE: Mar 09, 2010
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BC-AS--China-Currency Tensions, 1st Ld-Writethru,1158
China faces new pressure to let currency rise
AP Photo XAY801
BEIJING (AP) -- China faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the...
DATE: Mar 09, 2010
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