49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK - Long-distance telecommunications company IDT Corp. plans to make a $255 million bid for the assets of bankrupt Global Crossing Ltd., saying national security could be compromised by the current plan for investors in Hong Kong and Singapore...
DATE: Feb 26, 2003
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HONG KONG (Reuters) - Property investor Hongkong Land Holdings said yesterday underlying net profit fell 10 percent in 2002 due to pressure on the property market and slashed its full-year dividend 17 percent.
"In the near term, rentals and values wi...
DATE: Feb 26, 2003
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Ramu Potarazu, president & chief operating officer (COO) of Intelsat Global Service Corporation, will be promoted to president & COO, Intelsat (Bermuda), Ltd. next month.
In addition, he will head Intelsat's global sales and marketing efforts. In his...
DATE: Feb 26, 2003
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Bermuda caught up with the rest of the world in trade marks and service marks regulations last week, according to trade marks officer Richard Dymond.
Mr. Dymond said there was an internationally recognised system of classifying trade goods and servic...
DATE: Feb 25, 2003
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Banking hours will be cut back at Capital G for clients needing services in the financial services centre.
The bank said that as of March 15 the services on Saturdays would be available by appointment only.
Capital G's Saturday hours for traditional ...
DATE: Feb 25, 2003
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The Royal Gazette/Bermuda Stock Exchange Index closed yesterday at 2,224.73, a decline of 5.51 points or 0.25 percent, on a volume of 9,600 shares.
Bank of Butterfield stock slipped 25 cents, or 0.8 percent, to finish at $33 on a volume of 8,200 shar...
DATE: Feb 25, 2003
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Allied World Assurance Holdings turned a $127.6 million profit in its first full year of business and said its success emphasised the continuing need for quality insurance capacity.
AWAC, which was one of the first Bermuda insurers formed last year i...
DATE: Feb 25, 2003
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Arch Capital Group Ltd., one of the largest of the post-September 11 start-ups founded in Bermuda, wrote net premiums of more than a billion and a quarter dollars in 2002, including $439 million in the fourth quarter alone.
These numbers make Arch Ca...
DATE: Feb 25, 2003
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Troubled Bermuda-based insurer Trenwick Group may be delisted from the New York Stock Exchange within six months because its share price has fallen below the exchange's minimum requirement.
Trenwick said on Sunday that it has been notified by the NYS...
DATE: Feb 25, 2003
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The world's fifth biggest insurance broker said profit before tax, goodwill and exceptional items jumped 21 percent to ?101.8 million ($162.5 million) in 2002.
Analysts had on average expected a profit of 100.8 million.
“They're doing well. But consi...
DATE: Feb 25, 2003
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