49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Dow Jones/AP) - The Federal Trade Commission has subpoenaed Bermuda subsidiary Elan Corp. PLC for documents as part of a restraint of trade investigation related to the company's naprelan drug, according to a regulatory filing.
Dublin, Ir...
DATE: Feb 28, 2003
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The Bermuda Insurance Institute (BII) announced yesterday that the "father of the Bermuda reinsurance market", Mr. Robert Newhouse, is being bestowed a Lifetime Achievement Award for his significant contributions to the development of Bermuda's leadi...
DATE: Feb 28, 2003
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NEW YORK (Reuters) - A US federal judge has dismissed attempts by telephone service provider IDT Corp. to scuttle the sale of bankrupt Global Crossing Ltd's assets to two Asian investors. IDT, citing a threat to US national security, said it would mo...
DATE: Feb 28, 2003
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Six paralegal staff are to lose their jobs at Appleby Spurling & Kempe at the end of April.
The local law firm's decision to terminate the paralegal programme is regarded as pre-emptive action in the context of a "tougher market".
The paralegal progr...
DATE: Feb 27, 2003
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On Tuesday Annuity and Life Re announced that it has ceased writing new business, prompting questions about its future. John Burke, senior vice president and chief financial officer says that Annuity and Life Re (“Annuity”) has a challenging year ahe...
DATE: Feb 27, 2003
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Bermuda-based Annuity and Life Re have announced that they have stopped writing new policies and expect to report "significant losses for the fourth quarter of 2002".
Owing to what they describe as "adverse mortality" rates, the company (Annuity) hav...
DATE: Feb 26, 2003
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With the publicising of ever more alarming breaches of computer security at companies, there is no doubt that more and more business owners finally are becoming aware that they have to at least do the minimum to protect themselves from such attacks.
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DATE: Feb 26, 2003
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The Bermuda Stock Exchange / Royal Gazette Index closed up 0.59 points at 2,225.32 on Tuesday 25 February.
6,500 shares in Bank of Butterfield changed hands but the share price remained steady at $33.00
1,000 shares in Watlington Waterworks Limited w...
DATE: Feb 26, 2003
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18 proposals for E Govt. Portal
The Ministry of Telecommunications announced that it has received 18 proposals for the E Government Portal.
Nigel Hickson, E Commerce Consultant at the Ministry reported that international companies Microsoft, IBM, SAP...
DATE: Feb 26, 2003
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WHITE PLAINS, New York (Reuters) - Bermuda-registered Bunge Ltd., the world's top oilseed processor, said yesterday quarterly earnings more than doubled from a year ago on weak currencies in South America and strong global demand for its products.
Bu...
DATE: Feb 26, 2003
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