76492 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 5.20 points to 3,264.37.
Telecommunications company KeyTech ? the parent company of BTC, Mobility and Logic Communications ? saw 2,000 shares change hands while falling five cents to $10.2...
DATE: Mar 05, 2005
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Because of our continuing low interest rate market, there remains a constant quest higher rates than those currently paid by local financial institutions. Generally, the conversation goes something like this, ?I?d like to get a better return than a s...
DATE: Mar 05, 2005
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OMAHA, Neb. (AP) ? A subsidiary of billionaire investor Warren Buffett's Berkshire Hathaway Inc. has been subpoenaed in the investigation of a former professional liability insurer based in Virginia and its Bermuda-based affiliate.
In a filing on Tue...
DATE: Mar 04, 2005
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North Rock long distance phone customers are no longer able to dial toll free 1-800 numbers as they have been ?reclaimed by the North American Numbering Plan? and customers will now be invoiced by an alternative carrier.
Although North Rock customers...
DATE: Mar 04, 2005
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Last year's series of catastrophes put a dent in Allied World Assurance Holdings Ltd.'s profits for the year, but the company said it was still pleased with its strong results.
AWAC on Wednesday reported record net income of $103 million for the four...
DATE: Mar 04, 2005
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NEW YORK (Dow Jones) ? Teleglobe International Holdings Ltd. posted a wider fourth-quarter loss, which the company said isn't comparable to the year-earlier period because of the timing of its ITXC Corp. acquisition.
In a press release yesterday, Tel...
DATE: Mar 04, 2005
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SHANGHAI (Reuters) ? Diversified manufacturer Tyco aims to slash debt by about a third to $10 billion by the end of fiscal 2005, helped by a double-digit percentage jump in Asian sales this year, its top executive said on Wednesday.
Asia sales for Be...
DATE: Mar 04, 2005
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SAN FRANCISCO (Bloomberg) ? The founder of a Bermuda hedge fund has been convicted of five counts of tax fraud for evading evading $1.5 million in taxes, the US Attorney?s Office in San Francisco said.
Randolph S. Bronte, who managed Bermuda-register...
DATE: Mar 04, 2005
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Bermuda recorded a total of nine new incorporations of insurance and reinsurance companies during the past two months.
The majority of the new companies were formed in January, and included Emstar Re Ltd., the only Class 1 company among the new crop....
DATE: Mar 04, 2005
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NEW YORK (Bloomberg) ? Aon Corp., the world's second-largest insurance broker, is poised to settle fraud investigations by New York Attorney General Eliot Spitzer and two other states for $190 million, people familiar with the matter said.
The settle...
DATE: Mar 04, 2005
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