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Loss-making carrier, USAir, of which British Airways has bought a minority stake, is downsizing in an attempt to cut $100 million, a few hundred jobs and 240 flights. But the move to cut five percent of its operation, in an effort to return to profit...

The economic expansion in the US should moderate during 1995 to a more sustainable pace, a convention of US bankers heard yesterday at the Southampton Princess Hotel. Mr. Edward C. Boehne, president and CEO of the Federal Reserve Bank of Philadelphia...

Gail (Rosorea) Fox, was third time lucky when she returned from Queen's University in Canada with a BA degree in Biology and a Masters of Business Administration in 1980 and began job hunting. She started in the mortgage and estate department of a lo...

A proposed new exempted insurance company that is on the verge of being capitalised could be in direct competition with domestic insurers that provide cover for local hotels. Local insurers were mixed in their reaction to the proposal -- which could ...

companies from Bermuda hotels could be lost from the domestic market if a new venture succeeds in its stated intentions. But the proposed exempted insurer is expecting the Bermuda Government, in an unusual move, to waive the prohibition on such compa...

Vice president and controller at excess liability carrier ACE Ltd. Ms Susan Holland was the kind of high school student that chased after GCEs as a hobby. It was not part of the curriculum at her Alma Mater, Mount Saint Agnes, where she led her gradu...

week told that those wishing to buy a piece of the Exchange would be allowed no more than three percent of the stock. The revelation came as they were being advised of the terms and conditions under which they can join. The invitation to potential tr...

the first time April 10 at the Number One Shed in Hamilton to decide on the need for a permanent liquidator, a committee of inspection and the completion of the liquidation. It is expected that the liquidation will be finalised once that meeting has ...

Former employees of United Security Life Insurance Company have lost their bid to have pension money they paid into a compulsory plan between 1987 and 1992 returned to them. The Supreme Court has ruled that the former employees have to line up like o...

positions in the wake of the UK banking shocker that saw respected, conservative Barings Bank PLC felled by the unsanctioned actions of a renegade dealer in Singapore. There was optimism that the collapse of Barings would not have any significant imp...