76499 results returned for search: "" category "Business"
(Bloomberg) ? General Maritime Corp. said Frontline Ltd. indicated it bought an unspecified amount of General Maritime common stock in a purchase big enough to result in a regulatory filing on Schedule 13D.
Bermuda-based Frontline also expressed an i...
DATE: Dec 09, 2004
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Bermuda Internet prices may have plummeted in the last two years with Web users now paying under $30 for access that cost them about $90 in 2002 ? however local consumers appear to still be paying more than their US counterparts.
And this is somethin...
DATE: Dec 09, 2004
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Bermuda CableVision has reopened discussions with the Ministry of Telecommunications in a bid to receive its own licence to provide Internet service.
At the same time, the company which was earlier this year granted a licence to act as a common carri...
DATE: Dec 09, 2004
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Prices have dropped significantly in recent weeks for the Island?s Internet users, with those close to the industry saying prices aren?t likely to drop much further. Some have said pricing levels are now nearing what you would pay in the US, but rese...
DATE: Dec 09, 2004
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Well, last week's US payroll report was decidedly less than stellar but this didn't bother Wall Street bulls who seem intent on having a bountiful Christmas. Risk appetite continues to be high and it will take a confluence of several pieces of untowa...
DATE: Dec 09, 2004
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Bermuda-based PartnerRe has been ordered to pay $19.4 million to Diamond State Insurance Company in a dispute over reinsurance coverage for weather derivative contracts.
A release from Diamond State?s parent company United National said: ?In the arbi...
DATE: Dec 09, 2004
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Digital cable will be available Island-wide by the beginning of the New Year according to CableVision boss Jeremy Elmas.
His employees completed fitting out Southampton parish with digital lines last week. Now they only have one parish left before th...
DATE: Dec 09, 2004
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WRITS
A writ has been filed by Michael Reid against DeFontes Broadcasting Company Limited.
A writ has been filed by Michael Reid against Bermuda Broadcasting Company Limited.
A writ has been filed in the matter of L&S Construction Ltd. and in the mat...
DATE: Dec 08, 2004
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Argus Insurance yesterday announced that it had reached an agreement with the UK's largest insurer to buy the company's in-force book of Bermuda business ? a move that will reportedly double the size of Argus' local property book.
President and CEO G...
DATE: Dec 08, 2004
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Storm activity in the third quarter should not undermine Bermuda reinsurers, the latest quarterly report from Benfield predicts.
The report, which is compiled on Bermuda market players every three months by the research division of UK-based Benfield ...
DATE: Dec 08, 2004
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