76594 results returned for search: "" category "Business"
a significant portion of the credit of the Golden Ocean shipping group.
In March Frontline acquired $46.75 million of Golden Ocean's senior notes due in August 2001. The deal ran close to $5 million as the notes were bought at an average price of 11 ...
DATE: Mar 10, 2000
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Standard & Poor's today lowered its long-term counterparty credit and insurer financial strength ratings on European Specialty Reinsurance (Bermuda) Ltd., European Specialty Reinsurance (Ireland) Ltd., and European Specialty Ruckversicherung AG to do...
DATE: Mar 09, 2000
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fell in 1999 -- but the company said it was pleased with its overall performance.
The company said its operating and financial results reflected "a continuation of record levels of overall performance''.
Consolidated net Income was $351 million. Shar...
DATE: Mar 09, 2000
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NEW YORK (Reuters) -- Aetna Inc. , the No. 1 US life and health insurer, is considering making an unprecedented public apology and restitution payment over profits it made from insuring slaves in America 150 years ago.
The life insurance policies, is...
DATE: Mar 09, 2000
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Business leaders yesterday welcomed a discussion about proposed six-year time limits on work permits.
But they warned businesses could be harmed if restrictions were placed on hiring key employees.
The draft proposals released this week say employees...
DATE: Mar 09, 2000
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The eye in the sky will be watching delivery drivers who break the rules under a new scheme being used by a local company.
Butterfield and Vallis have installed a tracking system in their fleet of 30 vehicles which allows them to monitor the exact mo...
DATE: Mar 09, 2000
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International Inc. said yesterday it remains in merger talks with a major telecommunications company, despite media reports that said discussions ended with new bidder Deutsche Telekom AG.
"We are still in talks,'' Qwest spokesman Tyler Gronbach said...
DATE: Mar 09, 2000
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A new Bermudian venture capital company has invested in an e-commerce business which could earn billions of dollars from trading airplane parts on the WorldWide Web.
Wiredatlantic, a company set up by MP and former finance minister Grant Gibbons and ...
DATE: Mar 08, 2000
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Five sailors arrived in Bermuda on Monday to replace Johann Schulte crewmen who were killed and injured in an accident on the high seas last week.
The men, from Poland and the Philippines, will depart with their 465ft Isle of Man-registered tanker wh...
DATE: Mar 08, 2000
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Companies wanting to set up shop in Bermuda will now be able to fill out their forms online 24-hours a day, seven days a week, thanks to new technology developed by a local law firm.
Appleby Spurling and Kempe, one of the two largest law firms on the...
DATE: Mar 08, 2000
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