49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda financial sector may be starting to feel the effects of an ugly job market in the US and Europe.
The US securities industry has shrunk by 75,000 employees since the end of 2000 and larger firms such as Merrill Lynch have cut 28.9 percent ...
DATE: Mar 19, 2003
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The Bermuda Stock Exchange/Royal Gazette Index closed up 2.22 points at 2,273.37 yesterday.
Seven hundred shares of KeyTech changed hands and the stock rose 25 cents to reach $9.50
DATE: Mar 19, 2003
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Bacardi Ltd. has named 17-year company veteran Javier Ferran to be its next president and chief executive officer.
Mr. Ferran, will succeed Ruben Rodriguez, as president and CEO of the company early this summer. Mr. Rodriguez will continue as chairma...
DATE: Mar 18, 2003
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The new shareholders of Quantum Communications Limited will include a Paragon Technology Group consortium and a Fort Knox Bermuda Ltd consortium.
Speculation has been rife concerning the identity of the telecommunication company's new shareholders si...
DATE: Mar 18, 2003
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NEW YORK (Reuters) - Elan Corp. yesterday said US regulators were investigating whether the Irish drugmaker unfairly blocked generic competition for its muscle relaxant Skelaxin, endangering the proposed sale of US rights to the drug to King Pharmace...
DATE: Mar 17, 2003
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NEW YORK (Reuters) - As record numbers of US companies wrestle with lawsuits from angry shareholders, they are paying out more for insurance to protect their directors from big-money settlements, and there's no relief in sight.
With margins under pre...
DATE: Mar 17, 2003
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Sometimes it's the simple pleasures that you miss from home, and the one thing that European and North American residents on the Island may have been craving is a bakery making continental breads.
So they will be pleased to hear that there is a new v...
DATE: Mar 17, 2003
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In a recent column, I wrote about what is happening in the global property insurance market. To find out if the Bermuda property insurers are experiencing the same problems, I spoke to a local senior property underwriter to get his opinion.
This unde...
DATE: Mar 17, 2003
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BOSTON (Reuters) - Bermuda-based Tyco International Ltd., which this week disclosed a raft of accounting problems at a European division, said hundreds of small operations overseas could be ripe territory for more accounting embarrassments as it scou...
DATE: Mar 17, 2003
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The Royal Gazette/Bermuda Stock Exchange Index edged up 1.99 points to close at 2,271.15 as Bank of Bermuda posted a slight gain.
The bank gained ten cents to close at $31.10 on volume of 5,048 shares, offsetting a 25 cent drop in Bermuda Commercial ...
DATE: Mar 15, 2003
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