76552 results returned for search: "" category "Business"
The Listing Committee of The Bermuda Stock Exchange (BSX) announced on Friday the approval of the listing of three new funds.
The BSX approved the listing of up to 4,999,000 participating shares in the Aurum Europa Diversified Fund, the Aurum Managed...
DATE: Feb 25, 2002
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Bermuda-based Global Crossing bankruptcy proceedings started in earnest in the Supreme Court on Friday, but it may take years before the fourth largest bankruptcy in US history is resolved.
In the first hearing of Bermuda petitioners before Chief Jus...
DATE: Feb 25, 2002
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The Bermuda Government Budget 2002 contains a brand new, almost revolutionary line item, the ‘seed' funding of an unemployment insurance fund.
Indications are that there will be a White Paper forthcoming sometime in the next year, and that Government...
DATE: Feb 23, 2002
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The Royal Gazette/Bermuda Stock Exchange Index yesterday closed up .86 of a point to 2,606.11.
The exchange saw only two company's stocks change hands with BFM shares gaining 25 cents with 300 shares trading to close at $9.50. Belco Holdings Ltd. saw...
DATE: Feb 23, 2002
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The Bank of Bermuda has announced a new fund of "rising star" hedge funds, the All Points Absolute Return Funds - Opportunity Fund.
The fund takes advantage of the early strong performance typical of new hedge fund managers and seeks to provide the l...
DATE: Feb 22, 2002
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The chairman of Bermuda-based Tyco International yesterday affirmed his company's commitment to Bermuda and said he would like to expand the company's operations on the Island.
Speaking to The Royal Gazette after the company's annual general meeting ...
DATE: Feb 22, 2002
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The Royal Gazette/Bermuda Stock Exchange index dipped yesterday after Bank of Bermuda stock dropped marginally on a quiet day of trading.
Bank of Bermuda lost 25 cents to close at $43.00, but this was balanced out slightly by Bermuda Press (Holdings)...
DATE: Feb 22, 2002
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The US Government has many things to consider if it is to provide "back stop" terrorism coverage said Ellen Seidman this week at the World Insurance Forum.
Ms Seidman is a senior counsel for the US Financial Services Committee and was formerly specia...
DATE: Feb 22, 2002
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Bank of N.T. Butterfield & Sons Ltd has announced two senior promotions - Lloyd Wiggan to vice president, banking and Bob Wilson to senior vice president, credit.
Both the moves are part of the bank's restructuring programme which has divided up the ...
DATE: Feb 22, 2002
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Troubled Bermuda-based company Mutual Risk Management (MRM) continued to see its share price fall yesterday following the announcement earlier this week that it had posted fourth-quarter losses nearing $100 million and subsequently a rating downgrade...
DATE: Feb 22, 2002
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