76522 results returned for search: "" category "Business"
On Tuesday Annuity and Life Re announced that it has ceased writing new business, prompting questions about its future. John Burke, senior vice president and chief financial officer says that Annuity and Life Re (“Annuity”) has a challenging year ahe...
DATE: Feb 27, 2003
|
CATEGORY:
Other
|
Bermuda-based Annuity and Life Re have announced that they have stopped writing new policies and expect to report "significant losses for the fourth quarter of 2002".
Owing to what they describe as "adverse mortality" rates, the company (Annuity) hav...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
With the publicising of ever more alarming breaches of computer security at companies, there is no doubt that more and more business owners finally are becoming aware that they have to at least do the minimum to protect themselves from such attacks.
...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
The Bermuda Stock Exchange / Royal Gazette Index closed up 0.59 points at 2,225.32 on Tuesday 25 February.
6,500 shares in Bank of Butterfield changed hands but the share price remained steady at $33.00
1,000 shares in Watlington Waterworks Limited w...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
18 proposals for E Govt. Portal
The Ministry of Telecommunications announced that it has received 18 proposals for the E Government Portal.
Nigel Hickson, E Commerce Consultant at the Ministry reported that international companies Microsoft, IBM, SAP...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
WHITE PLAINS, New York (Reuters) - Bermuda-registered Bunge Ltd., the world's top oilseed processor, said yesterday quarterly earnings more than doubled from a year ago on weak currencies in South America and strong global demand for its products.
Bu...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
NEW YORK - Long-distance telecommunications company IDT Corp. plans to make a $255 million bid for the assets of bankrupt Global Crossing Ltd., saying national security could be compromised by the current plan for investors in Hong Kong and Singapore...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
HONG KONG (Reuters) - Property investor Hongkong Land Holdings said yesterday underlying net profit fell 10 percent in 2002 due to pressure on the property market and slashed its full-year dividend 17 percent.
"In the near term, rentals and values wi...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
Ramu Potarazu, president & chief operating officer (COO) of Intelsat Global Service Corporation, will be promoted to president & COO, Intelsat (Bermuda), Ltd. next month.
In addition, he will head Intelsat's global sales and marketing efforts. In his...
DATE: Feb 26, 2003
|
CATEGORY:
Other
|
Bermuda caught up with the rest of the world in trade marks and service marks regulations last week, according to trade marks officer Richard Dymond.
Mr. Dymond said there was an internationally recognised system of classifying trade goods and servic...
DATE: Feb 25, 2003
|
CATEGORY:
Other
|
