49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange Index lost 13.32 points yesterday to close at at 3,291.21.
Butterfield Bank was the only stock to record movement with investors trading 3,726 shares and pushing down the price 30 cents to $41.20.
The Bermuda ...
DATE: Jul 12, 2005
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NEW YORK (Bloomberg) ? More than 95 percent of Loral Space & Communications Ltd.?s creditors voted in favour of a plan to get the No. 3 U.S. satellite maker out of bankruptcy and repay debt.
The voting results allow Bermuda-registered Loral to seek a...
DATE: Jul 12, 2005
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Michael Cash, the Bermudian head of RenaissanceRe Holdings' specialty reinsurance unit, has resigned after refusing to voluntarily accept service of a subpoena from the Securities and Exchange Commission calling for his testimony in its investigation...
DATE: Jul 12, 2005
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NEW YORK (Bloomberg) ? Hurricane Dennis may cost insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., as little as $1 billion after it weakened before making landfall on Florida?s Panhandle yesterday, storm modellers sai...
DATE: Jul 12, 2005
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The rate of inflation in Bermuda remained at 3.1 percent from April through May, according to figures released by the Government yesterday.
Consumers paid 3.1 percent more in May, 2005 than they did a year ago for goods and services with the average ...
DATE: Jul 12, 2005
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Bunge to buy plant in China
NEW YORK (Bloomberg) ? Bunge Ltd., the world's biggest oilseed processor, said it agreed to buy a soybean processing plant in China, the world's biggest soybean importer, to add customers.
The purchase, Bunge's first in Ch...
DATE: Jul 12, 2005
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The Royal Gazette/Bermuda Stock Exchange Index gained 15.446 points last week to close on Friday at 3,304.53.
Bermuda Aviation Services Ltd. shares soared 30 percent or $3 to close at a 52-week high of $13 after investors traded 1,400 shares. The com...
DATE: Jul 11, 2005
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Roughly 1,700 enforcement cases were brought by the Securities and Exchange Commission over the past 2 years, the most since the Great Depression. Thank former SEC chairman William Donaldson, who recently stepped down, for that.
New York Attorney. G...
DATE: Jul 11, 2005
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One of the world's largest financial services companies is poised to take legal action against the Zimbabwe Government and Bermuda-based satellite communications provider Intelsat in the Bermuda Supreme Court.
According to a report in the Zimbabwe In...
DATE: Jul 11, 2005
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The UK Treasury has approached the Ministry of Finance about Bermuda adopting measures to bring it in line with the EU?s Directive on the taxation of savings income.
Minister of Finance Paula Cox said her Ministry is moving to clarify issues stemming...
DATE: Jul 11, 2005
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