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So far most of the commercialisation of the Internet has occurred at a prurient level. In the main pornographic sites have prospered, while other business ventures have floundered along. Yet there are indications other sectors like on-line car dealer...

Bermuda Container Line Ltd. (BCL), which is embroiled in a legal battle in the US, roared back into a profitable position last year according to the latest annual report. The company had net earnings of about $1.7 million in 1996 compared to a loss o...

George's Club. If all goes well the company hopes to close the deal this summer. "It's just a matter of doing due diligence and then to go into a legal agreement,'' Great Vacations negotiator Bert Blicher said. "We have structured the business terms ...

The Bank of Bermuda Ltd. is set to swallow a poison pill to help ward off a takeover attempt by an unwanted suitor. The bank's board of directors is asking shareholders at a special general meeting June 12 to vote on resolutions and amendments to its...

Faced with mounting losses, St. George's Club developer Alistair Woolf is attempting to bail out of the timeshare resort by selling it to US-based Great Vacations Resorts. Mr. Woolf and a group of investors bought the timeshare in 1994 for nearly $5 ...

Developer Conrad Engelhardt is making another attempt to develop a disused plot of land directly to the west of the Reefs Beach Club on South Shore Rd., Southampton. This time he's proposing to put up a three-storey building with six luxury housekeep...

You've got to look more carefully at your credit and debit card transactions on your bank statements. That's the lesson two friends learned the hard way when they were defrauded through the Internet. Typically the scamsters make a series of small cha...

London insurance market. The company yesterday announced it would buy a 20 percent stake in Venton Holdings Ltd. from Trident Partnership, L.P. for $34.5 million. Venton through its subsidiaries manages three Lloyd's of London syndicates. The deal co...

course for the year without any nasty surprises expected. Jeffrey Brewer, Managing Director of Case International, said the company's strategy was to reduce its exposure to the larger capitalised companies and buy into the middle range stocks. Those ...

bankruptcy earlier this year, lost $600,087 in the seven months to January 31, compared to $414,276 lost in the 1996 financial year ended June 30. However Donald Lines, chairman of the board, said the company was being revamped by a new management te...