76614 results returned for search: "" category "Business"
long oil slick off Bermuda last week, a Police spokesman said yesterday.
The Atlantic Forest left local waters on Tuesday after she began leaking what was believed to be fuel oil near the East End.
However, marine officials said the spill did not pre...
DATE: Mar 10, 1999
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Ltd. said yesterday its Tyco Submarine Systems Ltd. unit and Siemens AG's Norddeutsche Seekabelwerke unit signed a contract with CEN-TA Telecom and the New World Network to supply and install a fibre-optic cable system valued at $300 million.
The 5,0...
DATE: Mar 10, 1999
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The Bank of Bermuda is considering whether to shift management of its equity funds over to J.P. Morgan Investment Management.
Earlier this year the bank appointed the firm to manage its four bond funds, in the process making three investment staff re...
DATE: Mar 10, 1999
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AUTHOR:
Ahmed Elamin
Bermuda-based Project Oxygen Ltd. yesterday signed a $450 million contract with Korea's Hyundai Mipo Dockyard Co. Ltd. to build 13 ships the company is going to use in building and maintaining a global telecommunications network.
Project Oxygen Ltd. ...
DATE: Mar 10, 1999
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A year after purchasing a majority stake in local start up Quantum Communications Ltd., electric utility Belco Holdings Ltd. is considering whether to sell its share of the telephone company.
Belco president and chief executive officer Garry Madeiros...
DATE: Mar 10, 1999
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AUTHOR:
Ahmed Elamin
investment manager E.T. (Bob) Richards is going independent again.
Mr. Richards yesterday said Bermuda Asset Management Ltd. (BAM) has terminated its affiliation with Invesco. The decision was reached by "mutual agreement'', he said.
"It was time for...
DATE: Mar 10, 1999
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AUTHOR:
Ahmed Elamin
effects on insurers and reinsurers takes place today.
Chicago-based law firm Lovell, White, Durrant is hosting the one-day Year 2000 (Y2K) workshop at the Hamilton Princess. About 100 people are expected to attend.
Bermuda-based panelists will includ...
DATE: Mar 10, 1999
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XL Capital Products provides financial guaranty insurance and reinsurance for asset-backed, future flow and municipal obligations. The policies usually cover non-payment of principal and interst when due.
Mr. Stevens will be based in Bermuda and will...
DATE: Mar 09, 1999
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Insurance giant XL Capital Ltd. and the Bank of Bermuda Ltd. have teamed up with Morgan Stanley Dean Witter & Co. and Micro Modeling Associates to create an Internet-based software system for measuring risky investments.
Measurisk.com gives pension p...
DATE: Mar 09, 1999
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AUTHOR:
Ahmed Elamin
Bermuda Electric Light Company has infused $50,000 into an initiative aimed at plugging the Island's tourism industry.
Belco president and CEO Garry Madeiros yesterday announced the investment to support the third and fourth phases of the Monitor-adv...
DATE: Mar 09, 1999
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