49296 results returned for search: "" category ("Other" AND "Business")
The balance sheets of Bermuda's insurance companies are "in the best shape in years", according to a special report by credit rating agency AM Best.
A lack of catastrophes and solid investment returns over the past two years have allowed companies to...
DATE: Apr 22, 2008
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AUTHOR:
Jonathan Kent
Classified advertising website Sell.bm is officially relaunched today as it battles for business with rival e-Moo.
And computer expert Kevin De Silva, who is the mastermind behind the website, believes the Island can support both classified ad websit...
DATE: Apr 21, 2008
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Bermuda Commercial Bank was the big mover on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank saw its share value soar $2 (20 percent) to close on $12, with 5,800 shares traded.
The banking sector was particularly active, with...
DATE: Apr 21, 2008
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MINNEAPOLIS (AP) — In Brent Swanson's basement home theatre, there should be nothing drab about "Battlestar Galactica." He's got a high-end projector that beams the picture onto a wall painted like a silver screen, and speakers loom in the corners, f...
DATE: Apr 21, 2008
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ROME (Bloomberg) — International oil companies must improve their technological expertise to survive a trend of increasing nationalism among nations with energy resources, Eni SpA chief executive officer Paolo Scaroni said.
"The balance of power betw...
DATE: Apr 21, 2008
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new york (Bloomberg) — The yen dropped the most against the dollar since November as first-quarter results at the world's largest financial firms fuelled speculation they will weather credit market losses.
Japan's currency fell against all of its maj...
DATE: Apr 21, 2008
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A Bermuda insurance market leader has welcomed efforts to create a US federal insurance regulator — a step toward updating the current system whereby each state has its own rules for the industry.
Bradley Kading, president of the Association of Bermu...
DATE: Apr 21, 2008
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DUBAI (Bloomberg) — Qatar Insurance Co., the Persian Gulf emirate's biggest insurer, said first-quarter profit jumped 83 percent.
Net income advanced to 243.6 million riyals ($67 million), or 5.74 riyals a share, from 133.1 million riyals, or 3.13 ri...
DATE: Apr 21, 2008
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Bermuda-based Max Capital Group Ltd. expects its returns on alternative investments to be negative 2.11 percent, the company stated on Friday.
Alternative investments, make up around 20 percent of the insurer and reinsurer's total invested assets of ...
DATE: Apr 21, 2008
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AUTHOR:
Jonathan Kent
new york (Bloomberg) — Options traders who predicted Google Inc. would beat estimates earned as much as 17,530 percent on their investments today, the most-profitable bet among all US equity derivatives.
Contracts giving the right to buy Google share...
DATE: Apr 21, 2008
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