76594 results returned for search: "" category "Business"
been warned their ordered goods must reach their US address by December 17 to guarantee delivery to Bermuda by Christmas.
The message has been issued by Bermuda-based courier company IBC, which runs ZipX.
IBC president and chief executive Glen Smith ...
DATE: Dec 14, 1999
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acquisition of ACE Capital Re Ltd. for $15.9 million dollars.
Capital Re and ACE Ltd. had formed the joint venture company ACE Capital Re Ltd. in March 1998.
Capital Re had a 13.4 percent interest in the joint venture company, but last week announced...
DATE: Dec 14, 1999
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Exchange Commission (SEC) that they illegally traded shares of Bermuda's Mid Ocean Ltd., the reinsurance giant purchased in August 1998 by XL Capital.
The two men have repaid the profits of $173,001 they made from insider knowledge of XL's intention ...
DATE: Dec 14, 1999
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Bermuda to investigate a satellite distress signal.
Bermuda Harbour Radio report the EPIRB signal was detected around 4 a.m.
yesterday and all shipping in the area has been alerted to monitor the area.
No other details were available at press time la...
DATE: Dec 14, 1999
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Reuters Asia Pte Limited.
Both companies said the $38.5 million telecommunications contract will boost the area's network and cut down Reuters' management costs.
David Sexton, Cable & Wireless global markets chief executive officer, said a 15-year cl...
DATE: Dec 13, 1999
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percent last week as all three of the Island's banks saw their share prices lose ground.
The Bank of Bermuda dropped $1 or 3.23 percent to $30 by Friday on volume of 9,876 while its warrants jumped $1 or 16.87 percent to close at $7 on volume of 4,00...
DATE: Dec 13, 1999
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First the banks shoved us outside to ATM machines and now they're attempting to keep us at home with the Internet.
Online banking, like telephone banking, allows customers to have direct control over their accounts from home through their personal co...
DATE: Dec 13, 1999
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Insurance company, according to Hong Kong television.
The Bank's chairman David Li is reported as saying the bank was planning to sell its stake in the company because of financial problems.
Hong Kong Cable Television said Mr. Li acknowledged to repo...
DATE: Dec 13, 1999
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International Ltd. surged on Friday on favourable analysts' reports, a day after Tyco shares were hammered by revelations of a regulatory inquiry into the company's accounting practices.
Tyco shares rose $2 to close at $30 on heavy volume of more tha...
DATE: Dec 13, 1999
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in inventory following IBM's decision to sell home computers for home use over the Internet.
And BCS also announced it had lost $124,416 for six months ended June 30 before the write-off.
In a statement, the company said it had been undergoing a majo...
DATE: Dec 13, 1999
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