76579 results returned for search: "" category "Business"
increased electricity sales drove up the utility group's income.
The company, parent to Belco, Besco and Bermuda Gas, yesterday announced net earnings of $8,355,811 for the first six months of the year. The figure represents a 35 percent increase ove...
DATE: Sep 01, 2000
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Heavy trading was seen in the Bank of Butterfield as 21,500 shares gained 40 cents to close at $18.
Bank of Bermuda shares lost a half yesterday as 2,069 closed at $37.50.
One hundred BF&M shares went unchanged at $6.50 and 540 Belco Holdings gained ...
DATE: Sep 01, 2000
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What is a financial rescue worth? That is the question posed by a high-stakes fee dispute between Wasserstein Perella & Co. and backers of the ICO Global Communications Ltd.
satellite-phone project.
Bermuda-registered ICO emerged from bankruptcy pro...
DATE: Sep 01, 2000
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Passionate about his marine mechanics profession, Chris Hassell has worked for several years from his truck. The situation was not ideal but through his determination and dedication, he kept his business going for several years.
Partnering with his f...
DATE: Aug 31, 2000
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rate of one a week, and they are now taking safety precautions to limit potential risks.
Birds flying through the path of planes during take-off and landing have become a major threat to aviation safety in the last few years. Awareness of the danger ...
DATE: Aug 31, 2000
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Art culture was enriched and Caribbean relations were strengthened after Bermuda's participation in the Carifesta.
That is the assessment of Development and Opportunity Minister Terry Lister.
A 40-person delegation represented Bermuda at the ten-day ...
DATE: Aug 31, 2000
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received the strongest financial strength ratings within the Lloyd's syndicate.
Moody's Investors Service assigned an Aa2 (excellent) rating to ACE Global Markets, who within the Lloyds syndicate have a capacity of $1 billion.
The news is carried in ...
DATE: Aug 31, 2000
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Swan on Tuesday as he launched a vision of a Bermuda haven for the small boater.
He is demanding an end to punitive taxes for mariners and said the water could be a sanctuary for cramped locals and a big draw to high spending tourists.
Sir John said ...
DATE: Aug 31, 2000
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Insurance company BF&M put last year's legal problems behind it yesterday when it announced $5 million half year profits.
In a release issued last night, net earnings were listed as $5,001,142, a 41 percent increase over the same period last year.
Gl...
DATE: Aug 31, 2000
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Airport staff have launched a petition for an upgraded car park.
They complain their cars have been sprinkled with dust from trucks passing nearby.
Employees have also called for a cafeteria where they could be served hot meals.
This week Airport Ope...
DATE: Aug 31, 2000
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