49296 results returned for search: "" category ("Other" AND "Business")
An investment manager is adding low risk equity investments to its fixed income investment accounts.
Anchor Investment Management said yesterday it had broadened its segregated managed account offering for both US dollar and multi-currency portfolios...
DATE: Nov 24, 2004
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Bacardi International says that almost half the 11 local employees to whom it gave notice in May have now found other suitable employment within the organisation. contacted the Bermuda-based liquor giant yesterday following concern about more job cut...
DATE: Nov 24, 2004
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Bermuda?s Monetary Authority hopes to have the licensing of persons conducting the business of fund administration come into effect as soon as next year.
The proposed Collective Investment Schemes Act which includes the licensing provision will go be...
DATE: Nov 24, 2004
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Insurance policies known as ?Bermuda wraparounds? may be the next target of US prosecutors and regulators.
Business news website TheStreet.com reported yesterday that the policies are ?designed to solve a problem for US companies in the 17 states whe...
DATE: Nov 24, 2004
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Well, we finally got a sharp correction on equity markets last week, something that was long overdue. However, it looked very much like just another pause to refresh. Risk appetite is high and investors are willing to overlook the negative factors an...
DATE: Nov 24, 2004
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Businesses are still waiting for Customs to implement related customs clearance software. Plans to revolutionise customs processing with the Customs Automated Processing System (CAPS) system were announced in 1999.
The aim was to implement the system...
DATE: Nov 24, 2004
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The method used to clear goods imported to the Island is confusing and must be simplified, according to one frustrated small business owner.
Richard Powell, who closed Lines Food and Liquor Mart on Ord Road in April and has since become a shareholder...
DATE: Nov 24, 2004
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LONDON (Bloomberg) ? Shares of Goshawk Insurance Holdings Plc plunged yesterday after Nikko Principal Investments Ltd., a unit of Japan's third largest securities company, called off talks to buy the UK reinsurer.
Goshawk shares closed down two pence...
DATE: Nov 23, 2004
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BOSTON (AP) ? Customers in search of cheap airfare, antiques or a stock trade can scan the Web for good deals. But when it comes time for companies to buy group insurance policies, they've largely been beholden to brokers using fax, e-mail and the te...
DATE: Nov 23, 2004
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Wachovia Corporation has formed a Bermuda-based financial guaranty reinsurance company.
As previously reported in this newspaper, BluePoint Re Limited has been rated Aa3/AA by Moody's Investor Service and Standard & Poor's, respectively.
Wachovia cap...
DATE: Nov 23, 2004
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