76557 results returned for search: "" category "Business"
Retailers on Friday had confirmed what they already knew - that residents are spending a lot less in shops on the Island.
The Retail Sales Index, which is a key economic indicator, showed in June local shoppers bought 6.1 per cent less than they did ...
DATE: Aug 20, 2001
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Standard & Poor's last week assigned its double `A' counterparty credit and financial strength ratings to Centre Life Insurance Co., a US-based life insurance company owned by Centre Solutions (Bermuda) Ltd.
At the same time, Standard & Poor's affirm...
DATE: Aug 20, 2001
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Before the start of this column, I would like to address comments sent to me last week regarding investments. The persons said that they were concerned that because their investment philosophy was different from mine, I might therefore want them to i...
DATE: Aug 18, 2001
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Little has come from the Commission for Unity and Racial Equality (CURE) Act 2001, claims the latest edition of the Captive Insurance Company Report (CICR).
The August edition of the report - which is planned, written and edited by consultants Tillin...
DATE: Aug 17, 2001
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Bermuda-based ESG Re Ltd. has reported that in the second quarter of 2001 it recorded a consolidated net loss of $5.9 million, or $0.50 per share.
The company also reported an underwriting profit of $1.2 million in the quarter which, together with in...
DATE: Aug 17, 2001
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Bermuda-based TyCom Ltd., the industry's only builder and owner of undersea optical networks, has announced the opening of its Global Network Management Centre (NMC) in Wall Township, New Jersey.
The company said the new facility serves as the nerve ...
DATE: Aug 17, 2001
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Bermuda has a new place to take a seat, log on and send and read e-mails and surf the net right in the heart of Hamilton in the Internet Lane.
The new venture, based in the Walkway - a hallway which links Trends on Reid Street with Frescos Express en...
DATE: Aug 17, 2001
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American General Life of Bermuda Ltd., a subsidiary of American General Corporation (AGC), has taken control of Templeton American General Life of Bermuda Ltd. after buying out Templeton International Inc.'s share of the joint venture.
And a Bill has...
DATE: Aug 17, 2001
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Cartoonists from around the world have set up a new online agency, Drawn & Quartered.com Ltd., in Bermuda because of the Island's good track record in e-commerce.
The latest e-venture to hit the Island's shores is a Web site set up by American politi...
DATE: Aug 17, 2001
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Globalstar, the Bermuda-based mobile phone company that transmits calls world-wide using a collection of satellites, said this week it will reduce its staff by 50 per cent, or 175 employees, to help ensure it has enough funding to finish out the year...
DATE: Aug 16, 2001
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