49296 results returned for search: "" category ("Other" AND "Business")
In an effort to increase interest returns, reports are that quite a few local residents are putting small (and large) amounts of their savings out on private loans. So-called street mortgages seem very appealing with interest rates as high as 9.5 per...
DATE: Feb 19, 2005
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Public-private partnerships are a way for Government to help protect and advance the Island's status as a leading financial services jurisdiction, Finance Minister Paula Cox said yesterday.
Ms Cox, speaking as she delivered the 2005/2006 budget, said...
DATE: Feb 19, 2005
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Mounting insurance losses from last year's hurricane season are sparking the concern of a leading ratings agency ? but not to the point that it plans to issue any punishing downgrades.
Questions on how much the events will finally cost the industry w...
DATE: Feb 18, 2005
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Writs
A writ has been filed by Scorpio Construction Limited against Pro-Active Management Systems Limited.
A writ has been filed in the matter of the Supreme Court Act 1905 (as amended) and in the matter of Courtenay Griffith Q.C.
A writ has been fil...
DATE: Feb 18, 2005
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Bermuda-based Endurance Specialty this week reported net income of $355.6 million in 2004.
The company?s earnings for the year broke down to $5.28 per share and compared favourably to net income in 2003 of $263.4 million, or $4 per share.
For the fou...
DATE: Feb 18, 2005
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(Bloomberg) ? The debt and financial strength ratings of ACE Ltd., a Bermuda-based insurer, were left unchanged by Standard & Poor?s after a six-week review.
S&P said yesterday it kept Ace?s senior debt rating at BBB+ and its financial strength ratin...
DATE: Feb 18, 2005
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(Bloomberg) ? A former Tyco International Ltd. executive testified that he was told to record as extraordinary bonuses several payments that then-chief executive L. Dennis Kozlowski and his deputy Mark Swartz are accused of stealing.
The payments wer...
DATE: Feb 18, 2005
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How often do you negotiate with people as part of your working day? How often do you get what you want from those negotiations? And if you get what you want, does that sometimes happen at the expense of maintaining positive working relationships?
"Pe...
DATE: Feb 18, 2005
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The Royal Gazette/Bermuda Stock Exchange Index rose 0.63 points to 3,267.99.
A whopping 23,000 Bermuda Commercial Bank preferred shares changed hands yesterday while gaining 15 cents to close at $1.75.
Butterfield Bank shares were also active with 7,...
DATE: Feb 18, 2005
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The Royal Gazette/Bermuda Stock Exchange Index has gained 29.41 points to finish at 3,267.35.
Butterfield Bank rose 65 cents to $41.90 on colume of 6,100 shares after announcing record earnings.
The only other BSX-listed company to see any activity w...
DATE: Feb 17, 2005
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