77160 results returned for search: "" category "Business"
When I was in Toronto recently I was fortunate to hear John Warrillow speak. I hadn't heard of him before and so I was a little sceptical at first. However once I learned that he now lives in Aix-en-Provence while training for the Ironman Triathlon a...
DATE: Aug 30, 2011
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CATEGORY:
Bermuda Works
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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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