49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) ? Bermuda-based Tyco International Ltd., the world?s biggest maker of electronic connectors, won?t make acquisitions in fiscal 2004 as the company focuses on reducing debt and costs and boosting sales, Chief Executive Officer Edw...
DATE: Dec 11, 2003
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Bank of Bermuda staff yesterday grilled the bank?s top two executives on the multi-million dollar bonus they stand to earn under the pending sales agreement to multinational banking giant HSBC.
Materials released to shareholders this week revealed th...
DATE: Dec 11, 2003
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LONDON (Reuters) ? European insurers? financial nightmare created by the equity market meltdown has ended and the industry?s prospects for next year are relatively bright, the world?s second largest reinsurer said yesterday.
?The worst is over,? Swis...
DATE: Dec 11, 2003
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Endurance Specialty Holdings Ltd. (ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, yesterday announced that its US and UK subsidiaries have expanded into the marine and energy business.
Mr. Paul Upton will be joinin...
DATE: Dec 11, 2003
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Bermuda should be proud of its what it has achieved and not be ashamed of its tax status, according to Veronique de Rugy, a tax expert at the Washington think-tank, the Cato Institute.
And she said that the Island should not give in to bullying from ...
DATE: Dec 11, 2003
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WASHINGTON (Bloomberg) ? Gary Winnick, Global Crossing Ltd.'s founder and ex-chairman, and 22 other former executives were sued for $1.7 billion by J.P. Morgan Chase & Co., which claims they fraudulently misrepresented the fibre-optic company's finan...
DATE: Dec 11, 2003
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NEW YORK (Dow Jones/AP) ? A lawyer for former Tyco International Ltd. Chief Executive L. Dennis Kozlowski yesterday sought to discredit testimony from an important prosecution witness by pointing to pending civil litigation against him.
The witness, ...
DATE: Dec 11, 2003
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Over 60 heads of state of 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 divide' be...
DATE: Dec 10, 2003
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Repairing Bermuda's telephone lines following Hurricane Fabian cost over $2 million ? and the damaged cable, poles and lines were not insured, according to BTC's parent company, KeyTech.
KeyTech said in its six month report yesterday that the storm c...
DATE: Dec 10, 2003
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Information released to Bank of Bermuda shareholders this week on the bank's possible sale to multinantional banking giant HSBC, show that two senior executives from HSBC are to join the bank's boards.
The bank's senior executives said on Monday that...
DATE: Dec 10, 2003
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