76557 results returned for search: "" category "Business"
The trend of life and annuity reinsurers to move or set up in Bermuda is being spurred on by financial benefits of setting up on the Island and the proven track record of companies who have set up shop here.
But the growing competition in the sector ...
DATE: Aug 22, 2001
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As it faces stiffer competition in an increasingly crowded long-distance market, TeleBermuda International yesterday launched a new flat-rate plan for business customers.
According to a press release, the new plan offers rates of 35 cents a minute to...
DATE: Aug 22, 2001
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NEW YORK (AP) - Accenture Ltd., a Bermuda-incorporated company, will slash 1,500 jobs from its work force, the second round of layoffs at the giant consulting firm this year as it continues to contend with the global economic slowdown.
Accenture, whi...
DATE: Aug 21, 2001
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The man who created the World Wide Web, Tim Berners-Lee, is to be the key-note speaker at the the Bermuda e-Commerce Conference - eCC - to be held in October.
Mr. Berners-Lee is the reason we write "http//" and "www." before a Web address - creating ...
DATE: Aug 21, 2001
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Bank of Bermuda stock rallied slightly yesterday, gaining 50 cents and pushing the Bermuda Stock Exchange/Royal Gazette index up by almost nine points.
Bank of Bermuda shares closed up 1 percent at $48.50, but Bank of Butterfield shares dipped 25 cen...
DATE: Aug 21, 2001
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Automobile retailers have responded with mixed reaction to the latest Retail Sales Index (RSI) for June, which indicate sales in the transport sector have dropped a whopping 15.5 per cent from the same period last year.
As reported in yesterday's Roy...
DATE: Aug 21, 2001
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Bermuda Commercial Bank has appointed a new president and chief operating officer, the bank announced yesterday.
In a press release, the board of directors of Bermuda Commercial Bank Limited announced the appointment of Timothy W. Ulrich.
The bank, w...
DATE: Aug 21, 2001
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Regulation of captive insurance companies is falling behind increasing product and service innovation, says a delegate at the International Captives Congress (ICAP) which was held in Bermuda in June.
The August Captive Insurance Company Report (CICR)...
DATE: Aug 20, 2001
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PHILADELPHIA (Reuters) - Shares of high-speed communications network services company Global Crossing Ltd. hit a record low Friday after the status of a $400 million contract it won last month from the Department of Defence (DoD) came into question.
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DATE: Aug 20, 2001
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A take over that will create the world's largest insurance company by market value is a step closer to becoming a reality after shareholders of American General Corporation (AGC) voted on Wednesday to approve a $23 billion bid by American Internation...
DATE: Aug 20, 2001
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