49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) - American International Group Inc. (AIG) CEO Robert Benmosche will get a $7 million annual salary after his predecessor worked for $1 and said better pay is needed to retain a qualified leader.
Mr. Benmosche, who started on Augu...
DATE: Aug 18, 2009
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Butterfield Bank proved to be the busiest trader on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 868 common shares worth $5.15 each and 90 preference shares worth $225.
Overall, the Index opened and closed at 2,321.66, with 868 shares ...
DATE: Aug 18, 2009
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DATE: Aug 18, 2009
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CHICAGO (Bloomberg) - Pork, the fastest-growing US meat export of the past decade, is sick with swine flu.
Hog futures, the second-worst commodity investment of 2009, may fall 33 percent by year-end from 44.65 cents a pound on August 14. US exports p...
DATE: Aug 18, 2009
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A judge has given the Hamiltonian Hotel and Island Club Ltd. another three weeks to try to make headway with efforts to raise the money to pay off its mounting debts.
The Ministry of Finance has applied to appoint the Official Receiver as provisional...
DATE: Aug 17, 2009
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AUTHOR:
Jonathan Kent
Banks proved to be the biggest gainers on The Bermuda Stock Exchange (BSX) last week.
LOM (Holdings) Ltd. boosted its share price by 14.3 percent (50 cents) to $4, with 1,000 shares traded, while Butterfield Bank saw 39,747 common shares change hands...
DATE: Aug 17, 2009
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Bermuda-based Primus Guaranty has revealed the company has limited credit default swap (CDS) exposure to Thomson SA.
Following last month's announcement by the International Swaps and Derivatives Association Inc. that its EMEA credit derivatives dete...
DATE: Aug 17, 2009
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Western Europe's role in the Great Game has been a relatively minor one, despite the fact that they are part of the land mass and have had long historical contact with countries to the east. Needless to say, apart from contiguity, they are also criti...
DATE: Aug 17, 2009
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NEW YORK (Bloomberg) - Man Group plc., the largest publicly traded hedge-fund manager, disposed of its remaining shareholding in Bermuda-based MF Global Ltd., raising its regulatory capital surplus by about $90 million.
Man Group UK Ltd., a unit of M...
DATE: Aug 17, 2009
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NEWARK, New Jersey (Bloomberg) - A California client of UBS AG agreed to plead guilty to a charge of failing to file a tax report for an offshore bank account holding more than $1 million.
John McCarthy opened a Swiss account in 2003 in the name of C...
DATE: Aug 17, 2009
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