76539 results returned for search: "" category "Business"
Trenwick Group Ltd. yesterday said James F. Billett, Jr., its chairman, president and CEO would be taking a leave of absence from his positions at Trenwick for health reasons.
W. Marston Becker, the current vice chairman of the board of directors and...
DATE: Aug 28, 2002
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Problems with work permit applications and renewals are set to become a thing of the past when a new company specialising in immigration matters opens next month.
Opening on September 3, at 13 Front Street, Immigration Advisory & Consultancy Services...
DATE: Aug 28, 2002
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The Royal Gazette/Bermuda Stock Exchange Index fell 12.15 points or 0.51 percent yesterday to close at 2,373.36. A total of 21,795 shares were traded.
The Bank of Bermuda was not traded while the Bank of Butterfield fell $0.50 or 1.6 percent to close...
DATE: Aug 28, 2002
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Last week's US Federal Court decision to allow the Internal Revenue Service to ask for MasterCard credit card records issued by offshore banks will have little effect on Bermuda's banks, according to a local bank official.
Following the decision in a...
DATE: Aug 28, 2002
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Lines Overseas Management's Money Market Fund Ltd. has been awarded an AAAm rating by Standard & Poors.
The rating is the highest that can be awarded and the definition reads: "Safety is excellent. Superior capacity to maintain principal value and li...
DATE: Aug 27, 2002
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The Royal Gazette/Bermuda Stock Exchange Index fell 29.65 points or 1.23 percent yesterday to close at 2,385.51. A total of 16,210 shares worth $440,720 were traded.
In the banking sector, the Bank of Butterfield fell $0.75 or 2.3 percent to close at...
DATE: Aug 27, 2002
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A Canadian jewellery manufacturer may fight a $1.3 million damages claim.
D. G. Jewelry Inc. is considering seeking a stay of enforcement of a judgment against the company following the joint FBI and Royal Canadian Mounted Police (RCMP) "Bermuda Shor...
DATE: Aug 27, 2002
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XL Capital Assurance Inc. has launched a UK subsidiary - XL Capital Assurance (UK) Ltd. - with $20 million in capital.
The company, which is fully owned by XLCA, will focus on insuring asset-backed securities, project finance, and private/public part...
DATE: Aug 27, 2002
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A writ has been filed in the matter of Elcome Trust and in the matter of a declaration of trust by David G. Goodwin dated 5th June 1998 and in the matter of a declaration of trust by Susan Pianne Eadie dated 28 April 2000 and in the matter of an appl...
DATE: Aug 27, 2002
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The US government is losing $1 billion a year in tax revenue because of companies reincorporating to Bermuda, a tax analyst claimed yesterday.
Robert Willens predicted the figure would increase as companies moved offshore to avoid paying taxes.
His c...
DATE: Aug 27, 2002
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