49296 results returned for search: "" category ("Other" AND "Business")
The former president and chief operating officer of a Massachusetts consulting company has pleaded guilty to tax evasion using a ?sham? Bermuda company.
A Press statement from Massachusetts US Attorney Michael J. Sullivan said that Ronald Gomes, the ...
DATE: Dec 19, 2003
|
CATEGORY:
Other
|
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Bermuda-based Heddington Insurance Ltd., the captive for ChevronTexaco, adding that the company's rating outlook is stable.
In yesterday's release, Best said the rating refl...
DATE: Dec 18, 2003
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange index reached new heights yesterday, after a second day of record-breaking Bank of N.T. Butterfield & Son share prices.
The index rose 12.15 points yesterday after Bank of Butterfield gained yet another 25 cen...
DATE: Dec 18, 2003
|
CATEGORY:
Other
|
Bermudian watercolour painter and entrepreneur Carole Holding said yesterday she has been invited by Amazon.com to sell her gourmet jam and marmalade on- line.
?This is an exciting opportunity for me with great international publicity,? said Mrs. Hol...
DATE: Dec 18, 2003
|
CATEGORY:
Other
|
(Bloomberg) ? A former Tyco International Ltd. executive testified that he used company time to obtain personal insurance policies to cover homes, artwork, and yachts owned by L. Dennis Kozlowski, who was then chief executive officer.
Gerald Goetz, w...
DATE: Dec 18, 2003
|
CATEGORY:
Other
|
More than 60 heads of state or government are expected to attend the grandly titled World Summit on the Information Society, which starts today in Geneva. The aim of the meeting is to endorse an agreement on narrowing what's called the 'digital divid...
DATE: Dec 17, 2003
|
CATEGORY:
Other
|
Bank of Butterfield's share price continued to break records yesterday, rising to an all-time high of $41.50 - which in turn pushed The Royal Gazette/Bermuda Stock Exchange Index to a new all-time high of 2,873.42.
The index last reached its all time...
DATE: Dec 17, 2003
|
CATEGORY:
Other
|
The Imagine Group yesterday completed the acquisition of a two-thirds equity interest in Greenwich Managing Agency, a managing agency of Lloyd's of London.
The agency will be renamed Imagine Underwriting Limited to reflect the change of control. In a...
DATE: Dec 17, 2003
|
CATEGORY:
Other
|
The Bermuda Foundation for Insurance Studies has just had a cash boost from a new member, RAM Re.
RAM Re is a reinsurance company which was formed in 1998 and joined BFIS as a pledged member, donating $50,000 to BFIS over the next five years. Vernon ...
DATE: Dec 17, 2003
|
CATEGORY:
Other
|
Comments made by leading Democrat presidential hopeful, Howard Dean, show he may not be a political ally of the Island if elected in next year?s race for the Oval Office.
Mr. Dean cited Bermuda as a tax haven, and competitor for captive insurance com...
DATE: Dec 17, 2003
|
CATEGORY:
Other
|