49296 results returned for search: "" category ("Other" AND "Business")
(Bloomberg) — Consumers have completed less of their holiday shopping by this point than they have in at least three years and appear to be waiting for bargains later in the month, the International Council of Shopping Centers said.A holiday consumer...
DATE: Dec 07, 2006
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IPOC International Growth Fund Ltd. has been declassified as a Bermuda-regulated mutual fund, The Royal Gazette has learned.
A BMA spokeswoman confirmed on Tuesday night that the BMA had taken the action.
She said the action meant the fund was "no lo...
DATE: Dec 07, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 25.85 points yesterday to close at 4,810.58.
Butterfield Bank closed unchanged at $58 on a volume of 5,146, while Argus gained five points to close at $13 on a volume of 1,255.
the only other moveme...
DATE: Dec 07, 2006
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(Bloomberg) — Shipowners in Greece, the biggest ship-operating nation, have placed a record $13.2 billion of orders with shipyards this year amid optimism about the outlook for freight rates, shipbroker George Moundreas & Co. said.The spending compar...
DATE: Dec 07, 2006
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Catlin Bermuda has blazed a trail in the insurance and reinsurance world with the creation of coverage for a nuclear, chemical, biological or radiologic (NCBR) terrorism.
Insurers have been reluctant to provide coverage for NCBR attacks, partly due t...
DATE: Dec 07, 2006
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Axis Capital Holdings Ltd. celebrated its fifth anniversary in business yesterday by holding a ribbon-cutting at Axis House, its new headquarters in the Waterfront on Pitts Bay Road.
Finance Minister Paula Cox cut the ribbon for the new 35,000 square...
DATE: Dec 07, 2006
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GEORGETOWN (AP) — The number of financial institutions setting up shop in the Cayman Islands’ thriving offshore sector rose seven percent last fiscal year, according to the Caribbean tax haven’s financial regulator.There were 570 banks and trusts and...
DATE: Dec 07, 2006
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IPOC International Growth Fund Ltd. has been declassified as a Bermuda-regulated mutual fund, The Royal Gazette has learned.
A BMA spokeswoman confirmed on Tuesday night that the BMA had taken the action.
She said the action meant the fund was "no lo...
DATE: Dec 07, 2006
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CATEGORY:
Other
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Golden Ocean Group Limited has acquired four newbuilding contracts at Daehan Shipbuilding Co., Ltd., South Korea.
The vessels of 170,000 deadweight will be delivered between May 2008 and January 2009. The agreed purchase price is US$72.25 million per...
DATE: Dec 07, 2006
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Local insurance group The Colonial Group has had its financial strength rating of A- (Excellent) affirmed by ratings agency A.M. Best.
A.M. Best also has affirmed the stand-alone FSRs of A- (Excellent) of the Security & General Insurance Co. Ltd. (S&...
DATE: Dec 07, 2006
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