49296 results returned for search: "" category ("Other" AND "Business")
(Bloomberg) ? Former Global Crossing Ltd. officials should compensate Goldman Sachs Group Inc., Citigroup Inc. and Merrill Lynch & Co. for payments the banks may make to Global Crossing?s shareholders as part of a securities lawsuit, the banks said i...
DATE: Jan 27, 2004
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Cox Hallett and Wilkinson has a new man at the helm, legal eagle David Cooper who takes over from David Kessaram in running the day to day business of the busy law firm.
Mr. Cooper has been named managing partner of the firm, and took over the post a...
DATE: Jan 27, 2004
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Bermuda Bakery Ltd. yesterday announced that its former general manager, John Massa, died yesterday.
Mr. Massa had been battling cancer, and the announcement was made by Bermuda Bakery board chairman, James Pearman, through an official notice on the ...
DATE: Jan 27, 2004
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Writs
A writ has been filed in the matter of the Administration of Justice (Prerogative Writs) Act 1978. In the matter of the Bermuda Immigration and Protection Act 1956 and in the matter of Work Permit Policies 2001. Between Joao Carlos de Rego Pach...
DATE: Jan 27, 2004
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NEW YORK (Dow Jones/AP) ? Tyco International Ltd.?s director of executive compensation testified yesterday that the company?s former financial chief did not ask her to act contrary to legal advice regarding the nondisclosure of relocation loans made ...
DATE: Jan 27, 2004
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The Royal Gazette/Bermuda Stock Exchange soared by more than 190 points last week to break through the 3,000 barrier - closing at a record high of 3,160.23.
The huge surge was caused mainly by Bank of Bermuda shares, which are heavily weighted on the...
DATE: Jan 26, 2004
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Bermuda-based PartnerRe Ltd. has an exposure of between between $27 million and $30 million to a January 19 explosion at an Algerian gas plant.
And ACE Ltd. is one of three companies that led the reinsurance programme.
Business Insurance reported on ...
DATE: Jan 26, 2004
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The plunge in the value of the Euro below 1.25 last week after almost breaching 1.29 last Monday, triggered forced liquidation from a market that was simply too long.
The dollar rallied sharply higher against most of the major currencies, forcing liq...
DATE: Jan 26, 2004
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XL Capital Ltd. has named a new chief executive officer for its troubled US reinsurance unit.
XL announced earlier this month that it would take a $694 million charge against its earnings to cover unexpected claims from XL Re America.
Now it has name...
DATE: Jan 26, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday reached new record heights after Bank of Butterfield shares inched forward again.
The index rose 2.89 points or 0.09 percent to 3,160.23 after Bank of Butterfield gained ten cents to close at $...
DATE: Jan 24, 2004
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