76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) ? L. Dennis Kozlowski, the imprisoned former Tyco International Ltd. chief executive officer, has found a buyer for his historic 130-foot sailing yacht, the S.Y. Endeavour.
Sempervirens Ltd. agreed to pay $13.1 million for the Br...
DATE: Sep 08, 2006
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SeaDrill Ltd., a Norwegian oil-rig maker, said it won a contract to supply a drilling rig for use in the Gulf of Mexico.
The so-called semi-submersible rig, West Sirius, is under construction in Singapore and will be delivered by June 2008, the Bermu...
DATE: Sep 08, 2006
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NCL Corp., owned by Star Cruises Ltd., will spend as much as 2.17 billion euros ($2.8 billion) on as many as three ships for its Norwegian Cruise Line to add larger vessels to its North American fleet.
NCL has signed for one ship from France?s Aker Y...
DATE: Sep 08, 2006
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Bermuda-based TBS International Ltd. has agreed to acquire two bulk carriers for $45 million, boosting its total fleet to 33 vessels.
The maritime cargo transportation company, which held an initial public offering earlier this year, said it expects ...
DATE: Sep 08, 2006
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The Island's rate of inflation jumped to 3.6 percent in July as consumers paid out more than they did a year ago for rent, fuel and power, according to the Consumer Price Index (CPI) released by the Department of Statistics yesterday.
July's inflatio...
DATE: Sep 08, 2006
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(Bloomberg) ? The reinsurance industry has a ?stable? credit-rating outlook as companies raised about $27 billion in new capital and trimmed their coverage of natural disasters, said Moody?s Investors Services.
Reinsurers, which help insurance compan...
DATE: Sep 08, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 19.22 points yesterday to close at 4,877.68.
On a day of light trading, Belco was the only issue to advance, gaining ten cents to close at $21.20 as investors traded in 6,475 shares.
Butterfield Ban...
DATE: Sep 08, 2006
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Bank of Bermuda has started publishing market-based total compensation packages in recruitment advertisements in a bid to be transparent and attract people in a competitive labour market.
Since June the bank, the Island?s largest private employer, ha...
DATE: Sep 08, 2006
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and yesterday announced that they have established an agreement to underwrite Aviation Reinsurance.
Mario Montelatici of the Sirius Zurich office will underwrite excess of loss aviation reinsurance business on behalf of Flagstone Reinsurance.
Sirius ...
DATE: Sep 08, 2006
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A US intelligence firm has agreed to pay $1.7 million in damages to settle an allegation that it corrupted a Bermuda Government investigation into a local mutual fund, an offshore business newsletter had reported.
Miami-based OffshoreAlert reported y...
DATE: Sep 08, 2006
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