49296 results returned for search: "" category ("Other" AND "Business")
XL Capital this week announced that it had completed "a capital market transaction" that effectively sets aside $500 million should the Bermuda-based insurance giant be faced with a need for capital in the future.
Gavin Arton, XL's senior vice-presid...
DATE: Jul 17, 2003
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Six-year limits on work permits have created a climate of "concern and fear" in Bermuda's business world, a top lawyer said yesterday.
Kelvin Hastings-Smith said businesses were being hampered in their ability to recruit - and workers were leaving th...
DATE: Jul 17, 2003
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Term Limit Guide - Some highlights from the AS&K guide
Any new work permit granted from 1st April 2001 could only be renewed to a maximum of six years and the six year permit holder will generally not be permitted to remain in Bermuda beyond that tim...
DATE: Jul 17, 2003
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DUBLIN, July 16 (Reuters) - Debt-ridden Irish drug maker Elan Corp Plc moved closer yesterday to the prospect of a potentially crippling debt default but did give investors a strong signal that the crisis could still be averted.
Elan said it had miss...
DATE: Jul 17, 2003
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Changes to the Internet in Bermuda will be the topic of a public forum today.
Hosted by the Top Level Domain Committee, under the Ministry of Tourism, Telecommunications and E-Commerce, forum panellists will explain recent changes to the way the Inte...
DATE: Jul 17, 2003
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A management shift at Bermuda-based insurance giant ACE Limited has positioned two of its senior executives at the helm of ACE Overseas General - a division comprising its operations in Latin American, Europe, the Far East and in the Asia Pacific reg...
DATE: Jul 17, 2003
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MARYVILLE, Tennessee - Even as the proxies were being tallied yesterday on Berkshire Hathaway's $1.7 billion bid for Clayton Homes Inc., shareholders agreed to postpone the vote for two weeks in hopes of getting a better offer.
Two unidentified share...
DATE: Jul 17, 2003
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The Royal Gazette/Bermuda Stock Exchange Index yesterday saw $1.65 million worth of shares trade based primarily on the high volume of shares changing hands at the Bank of N.T. Butterfield. Over the day, the Exchange saw its index fall 7.19 points to...
DATE: Jul 17, 2003
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The Senate Judiciary Committee has approved an ambitious asbestos liability reform bill, but last-minute changes to the measure have drawn fire from insurers.
Amendments made to the Fairness in Asbestos Injury Resolution Act - S. 1125 - during the Ju...
DATE: Jul 16, 2003
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The world's largest oil tanker firm, Frontline Ltd., could be put out of business if a legal action to be heard by the Bermuda Supreme Court next week is successful.
Frontline, majority controlled by Norwegian multi-billionaire shipping magnate John ...
DATE: Jul 16, 2003
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