49296 results returned for search: "" category ("Other" AND "Business")
With the sale of the Bank of Bermuda to multinational banking giant HSBC, the question on many lips is whether or not rival Bermuda banks will now be targeted by other global financial institutions.
That prospect has not been ruled out, but neither a...
DATE: Nov 05, 2003
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The Bermuda Press (Holdings) Ltd., the parent company of The Royal Gazette, has announced that S. Arthur Morris has retired as a director of the company and has been replaced by Dudley R. Cottingham.
C Holdings Ltd., the parent company of C Travel, h...
DATE: Nov 05, 2003
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The market for travel to India in Bermuda has exploded, and C Travel is now looking to hire a Hindi-speaking travel agent to help with this growing sector.
The increase in the number of Indian guest workers has led to a surge in the demand for flight...
DATE: Nov 05, 2003
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Bermuda Bakery gained $6 yesterday, pushing the rarely traded stock up by 20 percent to $36 - a new all time high.
This means that this stock has risen 40 percent since October 20. The Bakery has announced plans to shut down its bread bakery unit, an...
DATE: Nov 05, 2003
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Capital G Bank Ltd. has announced the launch of a new certificate of deposit, the Stock Market CD.
The company said the new deposit product combines the features of the time-honoured conservative certificate of deposit with the potential for higher r...
DATE: Nov 05, 2003
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DATE: Nov 05, 2003
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Globalstar LP, provider of a satellite- phone service, asked for U.S. Bankruptcy Court approval to sell its business.
The company is still fielding offers from bidders, Hamilton, Bermuda-based Globalstar said in a statement.
DATE: Nov 04, 2003
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Hurricane Fabian has been blamed for the nosedive in Bermuda Aviation Services? profits, which dropped by nearly 30 percent to $1.1 million in the first six months of the year.
And the company, which services planes flying in and out of Bermuda, said...
DATE: Nov 04, 2003
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Max Re Capital's move away from hedging and into traditional reinsurance has led to the company going from the red to the black in the third quarter.
The company, which officially opened its new offices on Pitts Bay Road on Thursday, posted a net los...
DATE: Nov 04, 2003
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Bermuda-based Allied World Assurance Holdings, Ltd yesterday reported net income of $71.6 million for the third quarter ? a 75 percent jump on the $40.9 made during the same period last year.
AWAC CEO Michael Morrison said of the quarters earnings: "...
DATE: Nov 04, 2003
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