49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — Bermuda-based Aquarius Platinum Ltd., which mines platinum and palladium in Africa, said production fell 2.4 percent in its fiscal second quarter from the first because of shutdowns at its mine in Zimbabwe.Aquarius's share of pro...
DATE: Jan 26, 2007
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Potential customers for the new Mad Hatters restaurant which has just opened in Richmond Road, next to the Mariners Club, as reported in yesterday’s business section, will find it’s web site at www.madhatters.free.bm (not “.com” as printed in the art...
DATE: Jan 25, 2007
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If it ain’t broke, why fix it?
That’s the message to Government on the telecommunications industry from internet service provider (ISP) Transact Ltd., which says a proposed regulatory overhaul would lead to “unmanaged chaos” on the market.
Transact a...
DATE: Jan 25, 2007
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AUTHOR:
Jonathan Kent
GULFPORT (AP) — A landmark legal settlement with State Farm Fire & Casualty Co. promises to jump-start the rebuilding process for thousands of Mississippi homeowners devastated by Hurricane Katrina, but critics warn the deal could hurt many of the st...
DATE: Jan 25, 2007
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A raft of Bermuda’s biggest reinsurance companies could see profits drop by up to 24 percent because of a move by Florida to subsidise hurricane insurance costs for its residents, according to analysts’ predictions.
By doubling the size of its state-...
DATE: Jan 25, 2007
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AUTHOR:
Scott Neil
What are described as “pretty significant delays” in the planning approval process in Bermuda are cause for concern Julia van Beelen, president of the Institute of Bermuda Architects, said this week echoing the warnings of construction industry leade...
DATE: Jan 25, 2007
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AUTHOR:
Scott Neil
DAVOS (Bloomberg) — Lloyd’s of London Chairman Peter Levene said climate change is the “No. 1” issue for the world’s biggest insurance market because of the unpredictability and cost of potential weather-related claims.“In 2005 we paid out $6 billion...
DATE: Jan 25, 2007
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NEW YORK (Bloomberg) — Tyco International Ltd.’s imprisoned former chief executive officer L. Dennis Kozlowski is resisting his estranged wife’s demand for financial information.The Bermuda company’s former CEO, 60, “has refused to produce even one d...
DATE: Jan 25, 2007
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Eighty-two new reinsurance and insurance companies incorporated in Bermuda last year ? 10 percent up on 2005 ? as the Island stayed ahead of rival domiciles.
Financial regulator the Bermuda Monetary Authority (BMA) said yesterday that the majority of...
DATE: Jan 25, 2007
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Trading of shares valued at $846,982.35 sent the Royal Gazette / Bermuda Stock Exchange higher by 27.84 (0.57 percent) with Butterfield Bank rising 50 cents (0.9 percent) after 5,950 shares changed hands during the day to push shares in the bank to a...
DATE: Jan 25, 2007
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