76651 results returned for search: "" category "Business"
Workers Society yesterday closed down the Co-Op Supermarket after 17 years of operation at its Union Street location.
About 30 full and part-time staff will be laid off. A prepared statement by the co-operative executive stated that the 1,300 members...
DATE: Oct 23, 1997
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AUTHOR:
Ahmed Elamin
Nancy Vorley is the new executive director of Bermuda International Business Association (BIBA), as of November 10.
BIBA chairman, Glenn Titterton, said the executive committee carefully considered BIBA's future role and direction before establishing...
DATE: Oct 23, 1997
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AUTHOR:
David Fox, Business Editor
wake of a poor summer season.
It is unlikely that American Airlines will be flying to the Island from Boston next summer, the airline's local general manager, Carol DeCouto, said yesterday.
She said reasons for not having the flight were the unavaila...
DATE: Oct 23, 1997
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on top of its quarterly dividend of $0.3175 a share. The special dividend amounts to a $25 million extra payout to shareholders.
"This dividend is a reflection of the quiet Atlantic windstorm season we have just experienced,'' company chairman Joseph...
DATE: Oct 22, 1997
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Declining premium income has led Bermuda-based RenaissanceRe Holdings Ltd. to look for extra business in the primary insurance market.
For the nine months to September 30, RenaissanceRe wrote gross premiums of $215.6 million, a decline of 15 percent ...
DATE: Oct 22, 1997
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CATEGORY:
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AUTHOR:
Ahmed Elamin
it more expensive for someone to obtain a controlling interest, reports Ahmed ElAmin The Bank of N.T. Butterfield and Son Ltd. is set to swallow the same poison pill defence the Bank of Bermuda Ltd. adopted earlier this year against any takeover att...
DATE: Oct 22, 1997
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With the precision of a grand master, the controllers of Bermuda-based insurer, ACE Ltd., are executing a chess-like strategy designed to position the company to compete for profitable business on a worldwide basis.
Their new knight, Roger Gillett, i...
DATE: Oct 22, 1997
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AUTHOR:
David Fox, Business Editor
Is the Year 2000 problem a conspiracy by smart software developers to guarantee themselves higher paying jobs into the next century? Well they've done a good job putting a bug up everyone's millennium.
I just won't be able to party thinking about pla...
DATE: Oct 22, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
to a 5.64 gain in the Bermuda Stock Exchange index, which closed yesterday at 1,328.29.
The Bank of Butterfield gained 25 cents to close at $14.25. Bermuda Home preferred gained 50 cents to close at $12.13. The company's common shares fell 75 cents t...
DATE: Oct 22, 1997
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to buy back up to 70,000 or less than five percent of the 1,450,245 issued and fully paid up common shares.
The company has already purchased 2,000 shares in the fourth quarter ended September 30. Further purchases are expected.
A published legal not...
DATE: Oct 22, 1997
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