49296 results returned for search: "" category ("Other" AND "Business")
AXIS Capital Holdings Limited announced on Monday that A.M. Best has upgraded the financial strength rating of certain of its subsidiaries to A (Excellent) from A- (Excellent).
The financial strength rating of A (Excellent) applies to the following s...
DATE: Mar 12, 2003
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The Asian arm of bankrupt telecom giant Global Crossing has been acquired by a company owned by the Chinese government in a deal involving two Bermuda companies.
Asia Global Crossing, which is a Bermuda-based subsidiary of Global Crossing, is an unde...
DATE: Mar 12, 2003
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Devonshire Industries released their results for the six month period ending September 30, 2002 yesterday.
The company's profits decreased by 15.5 percent over the previous year. General manager Richard Moulder commented that the decline was not rela...
DATE: Mar 12, 2003
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The Royal Gazette/Bermuda Stock Exchange Index dropped 6.21 points, or 0.27 percent, to end the day at 2,274.67 after 712 shares were traded. KeyTech Ltd. declined 70 cents or 7 percent to close at $9.25 on a volume of 200 shares. BELCO Holdings saw ...
DATE: Mar 12, 2003
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Tewksbury Capital Management (formerly Trout Trading Management Co Ltd), quashed rumours that they may be relocating to the US yesterday.
The company confirmed that they have established a company called Stephens Capital Management LP, a US based ser...
DATE: Mar 12, 2003
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Max Re Capital Ltd. yesterday announced that chairman and chief executive officer Robert J. Cooney will be speaking at the European Insurance Forum 2003 being hosted at the Jury Ballsbridge Hotel, Dublin.
Mr. Cooney is scheduled to participate in a p...
DATE: Mar 11, 2003
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The Royal Gazette/Bermuda Stock Exchange index yesterday closed at 2,280.88, a rise of 15.46 points or 0.68 percent, on a volume of 1,292 shares.
The only change came in Bank of Bermuda shares which increased 1.6 percent, or 50 cents, to end at $31 o...
DATE: Mar 11, 2003
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Local cellular phone company, Mobility, has confirmed claims that its GSM service does not yet work overseas.
One customer said that the introduction of GSM has significantly improved the Mobility service in Bermuda, with voice quality and signal bot...
DATE: Mar 11, 2003
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Last week saw the signing of the EU Savings Tax Directive which requires EU countries to exchange information with other member states' tax authorities regarding EU resident's savings accounts.
Certain sectors of the investment industry have cried "f...
DATE: Mar 11, 2003
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NEW YORK (Reuters) - Bankrupt telecommunications company Global Crossing Ltd.'s creditors' committee yesterday affirmed its support for the sale of a majority of the company to two Asian companies and said an alternative deal proposed by IDT Corp. is...
DATE: Mar 11, 2003
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