255735 results returned for search: "" category "Other"
Bermuda-based insurer Ironshore has recruited two more mangers from American International Group (AIG) to head its new environmental insurance unit.
The company announced yesterday that Joe Boren and John O'Brien have both joined from AIG Environment...
DATE: Jan 07, 2009
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SINGAPORE (Bloomberg) - Logitech International SA, the biggest maker of computer mice, will cut 15 percent of its non-manufacturing jobs and withdrew its fiscal 2009 profit targets because of the deepening global recession.
The shares slumped the mos...
DATE: Jan 07, 2009
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It's fair to say that Bermuda and the Cayman Islands have a friendly rivalry on most things.
Both are British Overseas Territories, both are strong financial centres, albeit with slightly different specialities, both are tourism destinations and they...
DATE: Jan 07, 2009
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OSLO, Norway (AP) — A national prosecutor has ordered the Norwegian company, Bourbon Offshore Norway AS, to pay a five million kroner ($725,000) fine for a 2007 accident that killed eight people, including the 14-year-old son of the captain.
The six-...
DATE: Jan 07, 2009
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The remaining member of the trio whose alleged drunken actions caused a flight to be diverted to the Island was to be repatriated to England last night.
Three men, aged 25, 26 and 35, were arrested at L.F. Wade International Airport on New Year's Eve...
DATE: Jan 07, 2009
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new york (Bloomberg) — Insurance companies are spreading their risk to more firms as they shy away from poorly capitalised companies, said the head of the reinsurance unit at Aspen Insurance Holdings Ltd.
Insurers are dropping or scaling back coverag...
DATE: Jan 07, 2009
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Belco dropped 16.7 percent ($3) to $15, while West Hamilton Holdings Ltd. increased 10 percent ($1) to $11 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 2,000 shares, while West Hamilton Holdings saw ...
DATE: Jan 07, 2009
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SHANGHAI (Bloomberg) - Google Inc., owner of the world's most-used Internet search engine, won a lawsuit in China over its subsidiary's name and trademark in Chinese, ending an 18-month dispute with a local company.
Google China will be paid 100,000 ...
DATE: Jan 07, 2009
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Rates for property catastrophe reinsurance — a major industry in Bermuda — rose by around eight percent in January 1 renewals, according to global reinsurance broker Guy Carpenter & Company.
The industry had anticipated harder rates following high ca...
DATE: Jan 07, 2009
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AUTHOR:
Jonathan Kent
SAN FRANCISCO (Bloomberg) - Apple Inc. will offer all music sold through its iTunes music store without copy protection and will introduce variable pricing for tracks. Songs will cost 69 cents, 99 cents and $1.29 starting in April, with most albums p...
DATE: Jan 07, 2009
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