49296 results returned for search: "" category ("Other" AND "Business")
BOSTON (Reuters) - US regulators yesterday said they barred the former outside auditor of Bermuda-based Tyco International Ltd., finding that he was "reckless" and stood idle as the conglomerate's leading figures manipulated accounting entries to con...
DATE: Aug 14, 2003
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It appears to be the end of the road for financially troubled Bermuda insurer Trenwick, now faced with Chapter 11 bankruptcy proceedings in Bermuda, the US, UK and Barbados.
The wind-up of beleaguered Trenwick followed its second round of defaults ea...
DATE: Aug 14, 2003
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It may seem like a mismatch, but tennis star John McEnroe is heading to Bermuda next month - to be the celebrity speaker at the Mar/Hedge conference.
This unlikely pairing will take place at the conference which is due to start on September 7 and wil...
DATE: Aug 14, 2003
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A business leader yesterday urged more young Bermudian men to enter the insurance industry after claiming they seemed to be avoiding it in droves - while women were taking the lead.
Argus Group president and chief executive offiocer Gerald Simons sai...
DATE: Aug 14, 2003
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The Royal Gazette/Bermuda Stock Exchange index yesterday fell 15.07 points to close at 2,525.40 after utility stocks Belco Holdings and KeyTech fell.
Belco shares fell $2.50 or 7.1 percent to $32.50 on volume of 5,000 shares while KeyTech - the paren...
DATE: Aug 13, 2003
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NEW YORK - A state judge refused to throw out a grand larceny charge yesterday against the former top lawyer for Bermuda-based Tyco International Ltd., who is accused of accepting a $12 million bonus in exchange for thwarting a federal investigation....
DATE: Aug 13, 2003
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Troubled Bermuda-based insurer Trenwick has had its Fitch ratings withdrawn after it announced last week that it had defaulted on some of its debt obligations and announced bankruptcy proceedings.
On Monday the rating agency said it had withdrawn its...
DATE: Aug 13, 2003
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For lessons on how not to implement electronic government services, one only has to look at what CIO Magazine has aptly labelled as "Her Majesty's Flying IT Circus".
The problems have continued to plague the Blair government since CIO's article was p...
DATE: Aug 13, 2003
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A computer virus that attacks systems run on Microsoft Windows had disrupted at least half a dozen Bermuda businesses and caused problems for any number of home users yesterday.
The worm, called MSBlast or Lovesan, can reportedly take down a network,...
DATE: Aug 13, 2003
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The public has the right to know what is in auditors' reports, according to the UK's Auditor General.
And reports should be made public as soon as they are published, said Sir John Bourn, the UK's Comptroller and Auditor General.
Speaking to The Roya...
DATE: Aug 13, 2003
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