49296 results returned for search: "" category ("Other" AND "Business")
The Bank of Bermuda lost approximately $30 million from two e-commerce start-ups and was hit by fraudulent credit card use when it was processing online merchant accounts.
The bank invested millions in two e-commerce start ups, FirstEcom.com and Meas...
DATE: Jul 03, 2003
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KeyTech preferred shares converted
KeyTech Limited yesterday advised the Bermuda Stock Exchange that during its fiscal year ending March 31, holders of 1,637 preferred shares chose to convert their preferred shares to common shares and as a consequen...
DATE: Jul 03, 2003
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Bermudian scholarship recipients were treated to lunch and were given insight into career possibilities yesterday at the International Companies Education Awards (ICEA) luncheon.
Twenty-four students joined members of the business community to hear g...
DATE: Jul 03, 2003
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The Bank of Bermuda has been burned by online merchant processing and now considers it to be too risky a line of business for the returns it offers, according to the bank's chief executive officer Henry Smith.
Speaking to The Royal Gazette yesterday ...
DATE: Jul 03, 2003
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New investors gain access to West End fund
West End Capital Management, a hedge fund company in Bermuda that manages about $600 million for billionaire Warren Buffett, plans to open its Value Capital LP fund to new investors in a bid to raise another...
DATE: Jul 03, 2003
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The floating of Axis Specialty yesterday confirmed Bermuda as the world centre for insurance and reinsurance, said Michael Butt, chairman of the company.
Yesterday Axis started trading on the New York Stock Exchange under the ticker symbol AXS, raisi...
DATE: Jul 02, 2003
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The Royal Gazette/Bermuda Stock Exchange Index dipped yesterday after Argus Insurance shares lost some ground.
The Island's insurer's stock lost 25 cents to close at its 52 week low of $19.00. The only other stock to trade was Bank of Butterfield, wh...
DATE: Jul 02, 2003
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How are modern men and women becoming more technologically advanced?
We are snapping up DVD players, digital cameras and adding broadband connections to our homes. We are using e-mail more and - if we have broadband - we are listening in and watching...
DATE: Jul 02, 2003
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Creditors of two Bermuda companies set up by a businessman indicted in an international fraud inquiry are meeting today to discuss putting them into liquidation.
Canadian broker Mark Valentine is facing trial in Florida on security fraud charges afte...
DATE: Jul 02, 2003
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There will be no free for all in the telecommunications market - despite recommendations for Government to open up the industry in the E-business Green Paper said the Director of Telecommunications, Greg Swan.
The Green Paper, published in May, recom...
DATE: Jul 02, 2003
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