76519 results returned for search: "" category "Business"
Bermuda-based Bacardi is asking its shareholders to approve the first step towards an initial public offering - a marked break with the past for the family-controlled drinks giant.
The Miami Herald reported yesterday that Bacardi has mailed proxies t...
DATE: Mar 21, 2003
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It seems just about no computer user can claim to be virus-free these days.
Sooner or later it is practically guaranteed that you will unwittingly open an innocent looking email and download some sort of virus like the Bugbear or the Mime virus, givi...
DATE: Mar 20, 2003
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The directors of Bermuda-based Brilliance China Automotive China minibus manufacturers have issued a statement updating and clarifying the legal action in Bermuda against their company by Broadsino Finance Limited.
On February 18, Broadsino, a compan...
DATE: Mar 20, 2003
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One of the insurance industry's leading publications, Insurance Day, is setting up an informal bureau in Bermuda to cover local insurance stories.
The paper has sent an editor, Richard Banks, to be "embedded" in Bermuda until the end of April.
Mr. Ba...
DATE: Mar 20, 2003
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NEW YORK -- Frontpoint Partners LLC, the hedge-fund firm founded by former executives of Tiger Management and Soros Fund Management, said Tuesday it added an investment team that will focus on health-care-related stocks.
The new team has expertise in...
DATE: Mar 20, 2003
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John Burke (above) has been named chief executive officer of Annuity & Life Re (Holdings) Ltd. Previously, he was chief financial officer of the troubled life reinsurer.
Mr. Burke succeeds Robert Lichten, who was named acting chief executive officer ...
DATE: Mar 20, 2003
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Government Senate leader Colonel David Burch on Monday warned businesses to keep out of politics after some criticised the Progressive Labour Party (PLP).
He said he was "a little tired and a little weary" of retailers blaming Government and others, ...
DATE: Mar 20, 2003
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Standard & Poor's Ratings Services said yesterday that it affirmed its 'A+' counterparty credit rating on PartnerRe Ltd. and its 'AA' counterparty credit and financial strength ratings on PartnerRe Ltd.'s core subsidiaries.
But it assigned a negative...
DATE: Mar 19, 2003
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Sony and Philips have launched two new types of recording systems that will let people copy between 30 and 100 hours of music onto a single compact disc.
Of course, the recording industry is up in arms about this latest development in the technology,...
DATE: Mar 19, 2003
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Troubled Bermuda insurer Trenwick Group Ltd. has been thrown another lifeline by its investors, who have extended a deadline until Friday for the company to refinance $75 million in senior debt or risk default under a credit facility supporting its u...
DATE: Mar 19, 2003
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