691 results returned for search: "" category "Business" author Ahmed Elamin
Wholesaler Pitt & Co. Ltd. has taken over the tobacco and cigarette division ot Tobacco Associates Ltd. giving the company a monopoly in the market.
Pitt & Co. general manager Ken Hockenhull said the worldwide market for cigarette products had declin...
DATE: Oct 21, 1998
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AUTHOR:
Ahmed Elamin
extract $2 million in payments owed to the company by a Florida-based purchaser of a subsidiary.
The court battle could potentially delay Millennium's decision to cease operations and distribute its assets to shareholders. Millennium trades on the Be...
DATE: Oct 20, 1998
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AUTHOR:
Ahmed Elamin
The lights won't go out in Bermuda on New Year's Day 2000. At least that's what the Bermuda Electric Light Co. Ltd. (Belco) is hoping as it puts its plant through a rigorous Year 2000 compliance programme.
Last week I said I'd eat crow if Cable & Wir...
DATE: Oct 19, 1998
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AUTHOR:
Ahmed Elamin
Ltd.'s corporate trust business.
"Due to the volatility in major markets worldwide, assets under custody have recently experienced a downturn and, in addition, new fund launches have slowed,'' bank chairman Eldon Trimingham and president and chief ex...
DATE: Oct 19, 1998
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AUTHOR:
Ahmed Elamin
The Bank of N.T. Butterfield and Son Ltd. has allied itself with the giant Chase Manhattan Bank to better compete with the big banks in providing offshore global custody services.
Bank of Butterfield will use Chase Global Investor Services for multi-...
DATE: Oct 16, 1998
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AUTHOR:
Ahmed Elamin
The offshore mutual fund industry will continue to grow even though it is under attack from other jurisdictions, speakers at a conference said yesterday.
Paul Schreiber, a partner at New York-based Shearman & Sterling, said while tax relief still rem...
DATE: Oct 15, 1998
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AUTHOR:
Ahmed Elamin
After sitting on a piece of property in the Turks and Caicos Islands for about 22 years, the 72 shareholders of Solar Enterprises Ltd. are finally about to get a payoff.
The company's board of directors yesterday announced a US investor has offered t...
DATE: Oct 13, 1998
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AUTHOR:
Ahmed Elamin
Last week's column about telephone over the Internet sparked off some positive reviews -- and some splenetic comments from the spokesperson of one of the long distance carriers. The normally mild-mannered representative called the column "shallow'', ...
DATE: Oct 12, 1998
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AUTHOR:
Ahmed Elamin
to stave off competition in the local telephone market from Quantum Communications Ltd.
A Supreme Court judge has rejected BTC's request for a stay on a ministerial order requiring the company to connect its network with Quantum's, according to a Qua...
DATE: Oct 12, 1998
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AUTHOR:
Ahmed Elamin
Belvedere Insurance Co. Ltd. was placed in liquidation Friday at a hearing before the Supreme Court.
Malcolm Butterfield of KPMG Bermuda and Tony McMahon of KPMG London have been appointed joint provisional liquidators of the company. In July GTE Rei...
DATE: Oct 12, 1998
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AUTHOR:
Ahmed Elamin
