255735 results returned for search: "" category "Other"
NEW YORK (Bloomberg) - XL Capital Ltd., the Bermuda-based business insurer that bailed out bond guarantor Syncora Holdings Ltd., said it lost $1.62 billion in the third quarter on a charge tied to the rescue - confirming its estimations given in prel...
DATE: Nov 05, 2008
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Butterfield Bank Group is set to outsource some of its information technology operations to EDS and could axe a number of IT posts at the bank.
A spokesman for the bank said that as a result of the transfer of responsibility for certain IT functions ...
DATE: Nov 05, 2008
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Bermuda's computer users are on the cutting edge of technology with nine out of 10 households owning a computer, according to the latest Government report.
'The State of ICT in Bermuda 2008', which was compiled by the Ministry of Energy, Telecommunic...
DATE: Nov 05, 2008
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The World has come to Bermuda - at least the ship with that name has.
The 43,524 ton vessel is currently docked in Hamilton until tomorrow with its floating residential community. The World houses up to 300 residents and guests who live on board in t...
DATE: Nov 05, 2008
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Barack Obama supporters in Bermuda were euphoric last night after America voted its first black president into the White House.
The historic win by the Democratic Senator even managed to unite the heads of the Island's two political parties, with bot...
DATE: Nov 05, 2008
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AUTHOR:
Sam Strangeways
Hamilton businessman Goodwin Davano Spencer is facing jail after being convicted of 11 charges of money laundering totalling more than $145,000.
The offences, involving profits from drug trafficking on the part of another man, were committed from Nov...
DATE: Nov 05, 2008
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Net income: Loss of $1.62 billion compared to net income of $237.8 million in 2007.
Gross premiums written: $2.06 billion compared to $1.95 billion in 2007.
Combined ratio: 107.1 percent compared to 85.3 percent in 2007.
DATE: Nov 05, 2008
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LONDON (Reuters) - The Bank of England could deliver its biggest interest rate cut in 15 years this week as it tries to prevent a prolonged and painful recession.
Mounting evidence that the economy is shrinking sharply has led markets to price in a r...
DATE: Nov 05, 2008
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A Bermudian who has been involved in Illinois politics for the past decade, yesterday recalled a chance meeting with President-elect Barack Obama at a work-related fundraiser a few years ago.
Tonita (Eversley) LeShore, said she was so impressed with ...
DATE: Nov 05, 2008
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What's the big rush?
October 26, 2008
Dear Sir,
It is Sunday, 26 October at 10.25 a.m. I have just driven by the very controversial parking area for the US Consulate on the Clifton property on Middle Road in Devonshire. There were at least eight (Wor...
DATE: Nov 05, 2008
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