76553 results returned for search: "" category "Business"
Bermuda insurers Ace and XL Capital are close to reaching an agreement with World Trade Centre lease holder Larry Silverstein, the Wall Street Journal reported yesterday.
The dispute concerning whether the attack on the World Trade Centre was one eve...
DATE: Feb 06, 2002
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Bermuda's competitive edge was sharpened yesterday with the awarding of three new telecommunications licences - including licensing of two new Internet service providers (ISP).
The granting of the class C (Internet) licenses - which brings the number...
DATE: Feb 06, 2002
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As treasurer for the Corporation of Hamilton Mark Melo describes his job as `'a balancing act".
Mr. Melo, who is a chartered public accountant, has been holding the City purse strings since July of last year.
Based on the Corporation's status as "not...
DATE: Feb 06, 2002
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You don't have to have use e-mail much before you receive forwarded emails with chain letters, petitions, warnings and stories. And often they sound as if they could be true.
How can you tell if the story about a struggling premature newborn who was ...
DATE: Feb 06, 2002
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LOS ANGELES (AP) - Bermuda-based Global Crossing Ltd. said yesterday it will launch an independent review of allegations of improper accounting methods made by one of its former financial executives.
The beleaguered telecommunications firm also confi...
DATE: Feb 05, 2002
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The Bermuda Stock Exchange (BSX) has announced that Argonaut Financial Services Limited (AFSL) has joined the BSX as a Listing Sponsor.
Argonaut Financial Services Limited is a wholly owned subsidiary of Argonaut Limited, a Bermuda based Corporate Ma...
DATE: Feb 05, 2002
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The Bank of Bermuda launched the Island's latest internet banking service yesterday, EasyLink Online.
Offering the only real-time online banking service in Bermuda, EasyLink Online's 24 hour enrolment on business days means that clients registering o...
DATE: Feb 05, 2002
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The Royal Gazette/Bermuda Stock Exchange Index yesterday moved up 2.58 points to close at 2,636.67.
The Island's financial institutions dominated trading with the Bank of Butterfield seeing the highest volume of trading as 4,900 shares changed hands ...
DATE: Feb 05, 2002
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DUBLIN (Reuters) - Shares of Elan Corp. plunged to their lowest level in five years yesterday after the Irish drug company said its fourth-quarter earnings fell 84 percent and warned its 2002 profit will be lower than expected.
Elan's shares fell $15...
DATE: Feb 05, 2002
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NEW YORK (Reuters) - Embattled Bermuda-based conglomerate Tyco International Ltd.'s troubles worsened yesterday, as Standard & Poor's cut its debt ratings on concerns that it may have difficulty raising cash as its bond spreads widen and its stock pr...
DATE: Feb 05, 2002
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