76548 results returned for search: "" category "Business"
(DOW JONES NEWSWIRES WASHINGTON) - Flag Telecom Holdings Ltd. is seeking a bankruptcy court's authority for a cost-reduction programme under which the company would reduce its work force by about 50 percent, according to a motion Dow Jones Newswires ...
DATE: May 17, 2002
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Bermuda-based insurer White Mountains Insurance Group has said that its new reinsurance venture, Bermuda-based Montpelier, shows signs of turning out to be a "wonderful investment" for the company, according its 2002 first quarter report.
And White M...
DATE: May 16, 2002
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Bermuda's new Governor Sir John Vereker says the Island must conform to global financial codes and standards in order to satisfy the examination of overseas territories by the International Monetary Fund at the end of this year.
Although Bermuda had ...
DATE: May 16, 2002
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A retailer serving Bermuda from the US caused a furore a decade ago when he moved into the local market, but ten years on Joshua Bate said he is still going strong and hit $1 million in sales last year.
If anything Mr. Bate - the man behind Joshua Ba...
DATE: May 16, 2002
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The Royal Gazette/Bermuda Stock Exchange yesterday closed up 31.58 points to 2,781.49.
The Bank of Bermuda saw the greatest activity as it moved up $1 to close at $46 with trading of 3,700 shares. LOM Holdings gained 30 cents to finish at $3.30 while...
DATE: May 16, 2002
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PricewaterhouseCoopers, the world's largest accounting firm, is to sell its consulting arm through an initial public offering - and the new business will be based in Bermuda.
The company has decided to spin the part of the business off following conc...
DATE: May 16, 2002
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Bermudians have one of the best telephone directories in the world - and that's official.
The Bermuda Telephone Directory has won again at the Association of Directory Publishers Annual 2002 Convention and Publishers Trade Show held in Ft. Meyers Flo...
DATE: May 15, 2002
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Two United States companies voted yesterday to reincorporate in Bermuda, Cooper Industries and Leucadia National, in moves that are likely to continue to stoke the anti-Bermuda fire currently burning in the States.
US companies have been flocking to ...
DATE: May 15, 2002
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Having to cut jobs was not something Promisant's CEO relished but Juan Prado is pragmatic when he speaks of the decision to "shrink" the company's work force in April, 2001.
Mr. Prado, who is also the founder of Promisant which was set up in March 19...
DATE: May 15, 2002
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The Sung Sing empire of Chinese restaurants has expanded into St George's - and may expand further to the west later this year, according to manager Kevin Lim.
Sung Sing, which has been in Victoria Street for nearly four years, opened a take-away sto...
DATE: May 15, 2002
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