49296 results returned for search: "" category ("Other" AND "Business")
A local fund management company is launching a fund of hedge funds that will be managed and administered from Bermuda and which is designed to make an average return of 15 percent annually.
The TAM Absolute Return Fund Limited, one of only a handful ...
DATE: Jun 18, 2004
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(Bloomberg) ? HSBC Holdings Plc ? which recently took over the Bank of Bermuda ? will cut 3,500 UK jobs after removing 4,000 positions last year, as finance companies shift clerical work to Asia where labour is cheaper.
The reduction of about 9 perce...
DATE: Jun 18, 2004
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Bermuda's diplomatic efforts are getting a helping hand from two Bermuda-based insurance executives.
David Bell and Robin Hamill have informally been paving the way for Government to meet with influential American contacts they have with those effort...
DATE: Jun 18, 2004
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Businesswoman Marcie McConnie is becoming one of the biggest names in the local jewellery market.
Demand for her original sterling silver and gem stone designs is high among local women and a number of shops Island-wide are selling her creations unde...
DATE: Jun 18, 2004
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Bacardi Ltd. reported a 20 percent drop in net earnings last year due to declining sales of Bacardi Breezers and other ready-to-drink beverages plus a series of onetime charges, according to the Miami Herald.
The Herald based its story on a copy of t...
DATE: Jun 18, 2004
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Xl Capital is now offering primary Directors & Officers (D&O) liability insurance coverage in Europe in addition to its excess coverages, effective immediately.
XL subsidiary XL Europe Ltd. announced at the Association of Insurance and Risk Managers?...
DATE: Jun 18, 2004
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A controversial restructuring of an Asian paper company has been challenged following allegations that its approval by the Bermuda Supreme Court last year was based on votes by people who may not have been legitimate creditors.
The Wall Street Journa...
DATE: Jun 18, 2004
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A fed-up customer says new broadcast service World on Wireless sold him equipment ? even though he lives in a ?dead WOW (signal) area? of the Island.
Kenneth Richardson, who lives in the Harrington Sound area, said he only received 20 out of the 65 a...
DATE: Jun 18, 2004
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An article yesterday in The Economist, one of the UK?s most influential business magazines, questioned whether Bermuda would be able to accommodate another influx of new insurance companies after another serious natural disaster or terrorist incident...
DATE: Jun 18, 2004
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Bermuda-based Bacardi Ltd. is close to a deal to buy the Grey Goose high-end vodka business for more than $2 billion, according to a story in yesterday?s Wall Street Journal.
The story said the move would ?significantly? broaden Bacardi?s presence in...
DATE: Jun 18, 2004
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