49296 results returned for search: "" category ("Other" AND "Business")
A chemical company is attempting to block a Bermuda-based investment fund from selling its stake.
St. Louis-based Solutia Inc. is seeking to block one of its largest shareholders, Lime Fund LLC and its Bermuda-based affiliate, Lime Overseas Fund Ltd....
DATE: Sep 01, 2006
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OSLO (Bloomberg) ? SeaDrill Ltd., an oil-drilling company set up by shipping billionaire John Fredriksen, said second-quarter profit rose as rising demand for offshore services boosted rig rates.
Net income at the Bermuda-based company, which was est...
DATE: Sep 01, 2006
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NEW YORK (Reuters) ? Bankrupt brokerage Refco Inc. and its customers and creditors may resolve differences over the terms of a repayment plan as soon as tomorrow, a person close to the matter said yesterday.
Settling would clear a major hurdle to con...
DATE: Aug 31, 2006
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The Royal Gazette/Bermuda Stock Exchange Index closed unchanged yesterday despite heavy trading in Butterfield Bank shares.
The bank's shares were unchanged at $59.25 despite 35,986 shares changing hands.
In addition, 400 Argus shares traded unchange...
DATE: Aug 31, 2006
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When Alexander Butterfield completes his university education in the US he should be well-placed to enter the world of big business, and he can thank a Bermuda-based reinsurance for giving him a helping hand to cover the cost of enrolling at Georgia ...
DATE: Aug 31, 2006
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AUTHOR:
Scott Neil
Cable & Wireless this week revealed the basis on which it had calculated its offer of $17 a share to acquire KeyTech. (Since KeyTech has subsequently issued a share dividend in the form of shares, the offer from Cable & Wireless, which stands, now eq...
DATE: Aug 30, 2006
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CAPE TOWN (Reuters) ? Climate change may be one of the biggest threats to attempts to cutting poverty in the world?s most deprived nations and has forced the World Bank to reassess its development projects, the bank said yesterday.
Studies have shown...
DATE: Aug 30, 2006
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Despite all of the efforts made by the island?s politicians, Bermuda remains one of the few developed places in the world to be without a broadband connection.
And as one of the richest places to live in the world, Internet connection remains priced ...
DATE: Aug 30, 2006
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AUTHOR:
Ahmed Elamin
Axis Capital Holdings has appointed chief audit executive to its executive management group.
As chief audit executive, Mr. Anderson directs the daily activities of the Company?s internal audit function and coordinates management?s implementation of S...
DATE: Aug 30, 2006
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A US insurer has floated a second $300 million catastrophe bond to protect itself from potential losses resulting from unusual earthquake activity in the Pacific Northwest region of the United States and Canada.
The privately placed bond follows vali...
DATE: Aug 30, 2006
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