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returned. RCM Global Long Term Capital Appreciation Fund Ltd.'s account was fozen last week by a New York Supreme Court judge. A decision was rendered Friday by a New York judge that brokerage company, Daiwa America Corp., should return some $33 mill...

companies in Bermuda already have them on the shelf for consumers. There is some mixed reaction in the marketplace, with some users saying the system only brings the system up to the "user friendly'' standards that the Apple Macintosh has had for som...

Government inquiry into the pricing of long-distance telephone service. "I can confirm that Cable & Wireless has called upon the Minister of Management and Technology to initiate such an inquiry, without delay,'' a Cable & Wireless spokesman told The...

A Bermuda company has clinched a significant defence contract with the US military, but has signaled an intention to also expand into the commercial field with leading edge technology. The US Air Force has taken delivery of the first teleconferencing...

and just a couple of months ago became director of sales at the posh, Elbow Beach Hotel. She is a member of the hotel's executive team, the only woman. Her "take'' on the tourism industry is that it is time for workers and managers across the Island ...

first half to post a modest increase in their year end results. Consolidated net income for the year to June 30 was $31.3 million, a 3.9 percent improvement over 1994 results. The bank's 1994 profit, however, was almost $66,000 down on 1993 results. ...

Bermuda-based Mutual Risk Management has announced second quarter profits to June 30 up more than 35 percent to $7,805,000 or $0. 58 per common share. The figures compare favourably with last year's second quarter net income for common shareholders o...

Elbow Beach Hotel will tonight culminate a local marketing blitz aimed at increasing its share of business travellers. The resort, hosting a corporate reception tonight, is playing to its strengths and is intending to mount serious competition agains...

Despite a soft casualty market, Bermuda-based specialty lines underwriter Sphere Drake Underwriting Management (Bermuda) Ltd. (SDUMBL) still recorded a more than 35 percent increase in net premiums written for the three months ending June 30, when co...

Five years ago, rookie insurance broker Ms Kim Ramona Wilkerson CPCU, took her boss to lunch and pressed him for a promotion. Some six months later she was assistant vice president at Sedgwick Management Services (Bermuda) Ltd., the Bermuda insurance...