49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange Index rose 5.51 points to close at 2,272.37 points yesterday in continued light trading.
Bank of Butterfield gained 25 cents to close at $33.25 on volume of 1,400 shares while BF&M was unchanged at $10.25 on v...
DATE: Mar 22, 2003
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In another sign of pure survival strategies, last week the New York Times reported that the Charles Schwab Corporation, struggling through the worst slump in its history, became the latest company to discontinue contributions to employee retirement p...
DATE: Mar 22, 2003
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Retailers saw sales increase for the second consecutive month in January, as strong demand for general goods boosted the retail sales index.
But some of the improvement was also attributed to unusually poor sales in January, 2002 when consumers were ...
DATE: Mar 21, 2003
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In today's jittery markets, investors are looking for something to steady their nerves.
Antoinette Bolden, managing director of the Emerald Financial Group seems to be "calm and collected" personified. "I'm a naturally calm person" she says.
She's ce...
DATE: Mar 21, 2003
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ACE Ltd. chief accounting officer Robert A. Blee has been named to the newly appointed post of chief compliance officer in a move the top insurer said demonstrated its commitment to integrity and financial transparency.
This new role will include res...
DATE: Mar 21, 2003
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Insurance and reinsurance companies make complicated forecasts for their financial performance, even though one key factor that cannot be forecast with any degree of accuracy in the property and catastrophe industry is loss.
In the life sector, morta...
DATE: Mar 21, 2003
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A new insurance company set up with backing from XL Capital specifically to provide terrorism cover for companies in Europe has ceased business due to lack of demand.
The demise of Special Risk Insurance & Reinsurance Luxembourg (SRIRL) set up in Jul...
DATE: Mar 21, 2003
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Bermuda-based Bacardi is asking its shareholders to approve the first step towards an initial public offering - a marked break with the past for the family-controlled drinks giant.
The Miami Herald reported yesterday that Bacardi has mailed proxies t...
DATE: Mar 21, 2003
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It seems just about no computer user can claim to be virus-free these days.
Sooner or later it is practically guaranteed that you will unwittingly open an innocent looking email and download some sort of virus like the Bugbear or the Mime virus, givi...
DATE: Mar 20, 2003
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The directors of Bermuda-based Brilliance China Automotive China minibus manufacturers have issued a statement updating and clarifying the legal action in Bermuda against their company by Broadsino Finance Limited.
On February 18, Broadsino, a compan...
DATE: Mar 20, 2003
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