76492 results returned for search: "" category "Business"
Year-old Hamilton eatery Mediterraneo is set to get new stakeholders with the principals of Ascot?s Restaurant buying into the fledgling restaurant.
It emerged yesterday that both the manager and partner of Ascot?s Restaurant on Rosemont Avenue are i...
DATE: Apr 06, 2005
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One of the largest combination natural gas distributors and electric utilities in the United States has become a member of Bermuda-based Oil Insurance Limited.
Douglas A. Kline, senior vice president and chief operating officer of OIL, said the decis...
DATE: Apr 06, 2005
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Trimingham?s Smith?s will begin to wind down its 163-year-old business today with the launch of final, going out of business discounts on its entire stock of fashion apparel, jewellery and home furnishings.
Company president Lawrence Trimingham antic...
DATE: Apr 06, 2005
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WASHINGTON (Reuters) ? State-based regulation of the US insurance industry is not working and the latest round of scandals among insurers proves it, say critics, but Congress is at a standstill over possible reforms.
Investigations of wide-ranging ab...
DATE: Apr 05, 2005
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A fourth American International Group Inc. staffer based in Bermuda has quit following the resignation of three others last Friday.
All four staff left the company over concerns relating to an investigation of the insurer?s accounting practices, a se...
DATE: Apr 05, 2005
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NEW YORK (Reuters) ? New York Attorney General Eliot Spitzer calmed fears that his investigation into American International Group Inc. could lead to criminal charges, saying yesterday that a civil resolution could be worked out with the insurance co...
DATE: Apr 05, 2005
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No final decision has been made on the fate of the cosmetics lines held by Trimingham Brothers Ltd., but legal counsel for the beleaguered department store was yesterday optimistic about the department?s future.
Trimingham?s will close its doors on W...
DATE: Apr 05, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 33.27 points to close at 3,295.63.
Butterfield Bank shares fell 75 cents to $41.25 on trading of 2,975 shares.
And KeyTech ? the parent company of BTC, Mobility and Logic Communications ? ...
DATE: Apr 05, 2005
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Bermuda Electric Light Co. Ltd has signed a new supply and services agreement with a St. Louis-based company in an effort to create efficiencies and more importantly find cost reductions.
Andrew Parsons, senior vice president corporate services at Be...
DATE: Apr 05, 2005
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A bill introduced by US legislators to crack down on offshore corporations benefiting from US tax treaties stands little chance of going anywhere ? unless regulatory probes uncover serious misconduct.
A year-long intensive probe of the US insurance i...
DATE: Apr 04, 2005
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