75989 results returned for search: "" category "Business"
Liquidators of two Bermuda-incorporated funds should have their proceedings recognised as a foreign action in order to investigate the funds’ financial affairs and to distribute recovered property to the creditors, a judge has concluded.
Bankruptcy J...
DATE: Aug 30, 2011
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CATEGORY:
International Business
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His father used to tell him, “Show them better than you can tell them.”
And that’s just what Daren Bascome went on to do.
Proclaimed “one of the most sought-after designers in Boston”, Mr Bascome is the founder of the global brand-building, marketin...
DATE: Aug 29, 2011
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CATEGORY:
Other
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KeyTech Ltd was the only mover during a quiet week on The Bermuda Stock Exchange (BSX).
The telecoms company traded 106 shares as it fell 2.7 percent (15 cents) to $5.45.
Other traders included Butterfield Bank (171,300 common shares and 60 preferenc...
DATE: Aug 29, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Ship Finance International Ltd posted a profit of $41.5 million or 52 cents per share during the second quarter.
That included an accrued profit share of $200,000 over that period compared to $2.3 million in the first quarter of this ye...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) Frontline Ltd, the world’s biggest operator of supertankers, reported a worse-than-expected second quarter loss and said the “weak trend” would persist, while the time for acquisitions “has moved closer.”
“The situation has, of cou...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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Catalina Holdings (Bermuda) Ltd has announced that its wholly-owned subsidiary, Catalina Echo Ltd, signed a definitive merger agreement on August 22, 2011 to acquire Residential Loss Control Holdings, LLC (RLCH).
Catalina specialises in offering “fin...
DATE: Aug 29, 2011
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CATEGORY:
Reinsurance
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Bermuda-based fund administrator Prime Management Ltd achieved a score of 6.7 out of 7 in the annual Global Custodian Hedge Fund Administration Survey.
Prime also received “Best in Class” awards in more than 90 percent of its eligible categories.
Jo...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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The Ace Group has announced the appointment of Charles Brooks as global operations officer, effective from September 6.
Mr Brooks will be responsible for a range of operational areas across the organisation including information technology, real esta...
DATE: Aug 29, 2011
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CATEGORY:
Reinsurance
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Kentucky Fried Chicken (Bermuda) Ltd’s half-year sales dropped for the second consecutive year as the company posted an operating loss of $102,475 for the first six months of 2011.
The company also revealed that it is still in talks with the Bermuda ...
DATE: Aug 29, 2011
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CATEGORY:
Local Business
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A building supply store has gone creative in a bid to attract more business.
Baptiste Ltd, which has been suffering from lack of new building projects due to the recession, has started advertising on an empty building in one of Hamilton’s main thorou...
DATE: Aug 29, 2011
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CATEGORY:
Local Business
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