76621 results returned for search: "" category "Business"
Bermuda-registered tanker company, Frontline, has alleged that the board of directors of take-over target, ICB Shipping AB, may have contravened Swedish law.
Frontline has been stymied in its attempt to take control of ICB in a ships for shares deal,...
DATE: Dec 02, 1998
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AUTHOR:
David Fox, Business Editor
In the face of tough economic conditions, Royal Bank of Canada (RBC) analysts are advising investors to increase their bond and cash holdings and reduce equities.
"Given deflationary/disinflationary conditions, declining world growth expectations, an...
DATE: Dec 01, 1998
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AUTHOR:
Ahmed Elamin
A disagreement between a top London boss of Bermuda-based ACE Ltd. and two Lloyd's underwriters has led to terminations, a London newspaper has reported.
The article pre-empted, if not clouded, yesterday's announcement of promotions and other restruc...
DATE: Dec 01, 1998
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AUTHOR:
David Fox, Business Editor
In an increasingly competitive environment, Bermuda is still trying to garner its share of a market in Foreign Sales Corporations (FSCs) that local executives first sought ten years ago.
And a banker has advocated that `national' planning may be in o...
DATE: Dec 01, 1998
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AUTHOR:
David Fox, Business Editor
community by "surprise''.
The claim was made yesterday by Bermuda International Business Association chairman Glenn Titterton.
His comments come after Acting Opposition Leader Grant Gibbons described the January 4 holiday as a "costly exercise in van...
DATE: Dec 01, 1998
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according to preliminary estimates by the Worldwatch Institute and Munich Re, the world's largest reinsurer.
Estimates put the total losses from storms, floods, droughts and fires for the first 11 months of the year 48 percent higher than the previou...
DATE: Dec 01, 1998
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previously recommended by the company's board.
Trading in the company's shares was suspended on Friday after shareholders approved the reorganisation which creates a holding company called KeyTech Ltd.
Operating entity BTC has become a subsidiary of ...
DATE: Dec 01, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
cents to close at $15.25.
On the losing side was Island Press (Holdings) Ltd. preferred shares which fell $1 to close at $3.50. Watlington Waterworks fell 88 cents to close at a 52 week low of $5.13.
DATE: Dec 01, 1998
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pay. The issue is challenging legal and insurance minds. Insurers are unwilling to cover Y2K losses since the problem is predictable. But Ahmed ElAmin discovers there are grey areas where insurers may have to pay. The issue is challenging legal and i...
DATE: Nov 30, 1998
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World Conference of Mayors founder Johnny Ford has condoned a writ against the organiser of its convention held in Bermuda this month.
The Bermuda Industrial Union has taken legal action against African-American Global Trade & Tourism Council preside...
DATE: Nov 30, 1998
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