76472 results returned for search: "" category "Business"
Bermuda insurance group XL Capital is set to take a charge of $830 million in the fourth quarter after losing an arbitration decision related to a 2001 acquisition, but a leading Swiss newspaper has cast doubt on whether the other side ? Swiss financ...
DATE: Dec 13, 2005
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NEW YORK (Bloomberg) ? Scottish Re Group Ltd., a Bermuda-based reinsurer, said the US Securities and Exchange Commission subpoenaed the company about trading of Scottish Re securities by Chairman Michael French and certain former directors and office...
DATE: Dec 13, 2005
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Bermuda consumers paid 2.9 percent more for goods and services in October than a year ago, but price increases for rents and education were offset by a decline in fuel prices.
Government said that month on month, costs were 0.1 percent higher, with S...
DATE: Dec 13, 2005
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Andrew Cook, chief financial officer of Bermuda insurer Axis Capital, said yesterday he will quit the company by April 1, citing personal reasons.
"The past couple of years have been difficult for me on a personal basis, and I look forward to being a...
DATE: Dec 13, 2005
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Telecommunications group KeyTech Ltd.?s net income rose 21 percent to $6.3 million in the six months to September 30 as the company?s restructuring helped to cut its operating expenses.
Operating revenues at KeyTech Ltd., the parent company of Logic,...
DATE: Dec 13, 2005
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SINGAPORE (Bloomberg) ? Macquarie International Real Estate Fund Ltd., a global real estate investor, cancelled a S$676 million ($402 million) initial public offering in Singapore, citing the ?softening? market for property trusts.
There was also con...
DATE: Dec 13, 2005
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Bermuda Management Holdings Ltd. has increased its stake in Masters Ltd. to 63 percent after buying 17,000 shares.
BMH, an investment company which has previously held large stakes in businesses including Bermuda Computer Services Ltd., now holds 854...
DATE: Dec 13, 2005
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Bermuda hedge fund manager West End Capital is to reap $583,200 in payroll rebates from the Canadian government because it is ramping up staffing in its Halifax branch, according to a Canadian news report.
Halifax newspaper the Chronicle-Herald said ...
DATE: Dec 13, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 4.15 points yesterday to close at 3,885.96.
Telecommunications group KeyTech Ltd. fell $1 off its 52-week high to close at $12 on volume of 500 shares to drive the Index down.
That offset a gain by ...
DATE: Dec 13, 2005
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The ACE Group, Bank of Bermuda and Deloitte Touche have again partnered together to offer the 2006 Summer Internship Programme (SIP) to young Bermudians looking for careers in international business.
"We wanted to join together for a common goal to a...
DATE: Dec 13, 2005
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