75993 results returned for search: "" category "Business"
KeyTech Ltd’s profits fell to $5.9 million for the fiscal year 2010/11, as early retirement and redundancy expenses cost the telecommunications group $4.4 million.
The profit fell from $6.3 million a year earlier, as the company’s CEO Sheila Lines re...
DATE: Jul 01, 2011
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CATEGORY:
Economy
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Bermuda Press (Holdings) Ltd (BPH) announced a steep fall in profits as redundancy costs ate into earnings.
The group, which has publishing, printing and retailing interests and owns The Royal Gazette, posted a profit of $11,000 for the six months en...
DATE: Jul 01, 2011
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CATEGORY:
Other
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Appleby’s legal practice in Bermuda has become a Limited Liability Company (LLC), the firm announced yesterday
From today, the Appleby legal practices currently carried on by partnerships in Bermuda, Cayman Islands, Isle of Man and Zurich will be tra...
DATE: Jul 01, 2011
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CATEGORY:
Other
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HWP Group has teamed up with MarketPlace, Butterfield and Freisenbruch-Meyer Group to launch a promotion with anyone who buys a new car winning a four-figure gift certificate and a gas voucher.
The new promotion means that any customer who purchases ...
DATE: Jun 30, 2011
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CATEGORY:
Local Business
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CHEYENNE/ATLANTA (Reuters) - The secretive business havens of Cyprus and the Cayman Islands face a potent rival: Cheyenne, Wyoming.
At a single address in this sleepy city of 60,000 people, more than 2,000 companies are registered. The building, 2710...
DATE: Jun 30, 2011
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CATEGORY:
International Business
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Ace Insurance, part of the Ace Group of re/insurance companies, has announced the integration of its two operating units in Malaysia, Ace Synergy Insurance Berhad (ASIB) and Jerneh Insurance Berhad (JIB).
The consolidation, made possible by Ace’s rec...
DATE: Jun 30, 2011
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CATEGORY:
Reinsurance
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West Hamilton Holdings Ltd climbed 53 percent on The Bermuda Stock Exchange (BSX) to close at $7.65 yesterday.
The property developer, which is planning to build offices on the former Bermuda Bakery site at Belvedere Place in Hamilton, announced thro...
DATE: Jun 30, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Stock Exchange-listed BCB Holdings Ltd, a bank based in Belize, suffered a net loss of $7.3 million for the year ended March 31, 2011, down from a profit of $25.9 million for the same period in 2010.
The company made a net loss of seven cents...
DATE: Jun 30, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - Insurers do not expect interest rates to rise materially in the next year or so, leading them to look for alternatives to improve returns and manage risk, the head of the world’s largest asset manager for insurance companies said...
DATE: Jun 30, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) A Citigroup Inc affiliate was served with a summons by the trustee liquidating Bernard Madoff’s firm as part of a lawsuit against so-called feeder fund Kingate Global Fund Ltd, according to a court filing.
Citi Hedge Fund Service...
DATE: Jun 30, 2011
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CATEGORY:
International Business
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