49296 results returned for search: "" category ("Other" AND "Business")
Anthony Faries is the proud owner of Roseglenn Cottage in Sandys Parish, which he bought 16 years ago at the tender age of 23.
At the time, he was working as a bar-tender and a shop keeper for Henry's Pantry in Southampton.
"It's not what you make, i...
DATE: Feb 22, 2003
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The Royal Gazette/Bermuda Stock Exchange closed down1.38 points yesterday at 2,230.24
A relatively high volume of shares worth $129,100 changed hands.
The Bank of Butterfield sold 1,100 shares and Bermuda Commercial Bank sold 3,600 shares but there w...
DATE: Feb 22, 2003
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Troubled Bermuda insurer Trenwick Group Ltd. slumped to a $198.1 million loss in the fourth quarter of 2002 and a $386.1 million loss for the 2002 financial year, it announced yesterday.
The losses, which are the equivalent of a $5.39 per share loss ...
DATE: Feb 21, 2003
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Zero-based budgeting has been expanded to nine Government Ministries, Finance Minister Eugene Cox revealed at last week's press conference on the Budget Statement.
And the Budget also shows departmental results against output targets, allowing the pu...
DATE: Feb 20, 2003
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Bermuda-based White Mountains Insurance Group Limited have announced a comprehensive profit of $290 million for 2002.
(The figure excludes $660 million of deferred credits brought into income by an accounting change).
The company released their fourt...
DATE: Feb 20, 2003
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Elan Corp, a Dublin-based pharmaceutical company who were accused by the Wall Street journal of Enron-like accounting practices, has said that it is in the process of dismantling research and development joint venture companies which fall outside its...
DATE: Feb 19, 2003
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Shares in South African life assurer Sage (SGG) rocketed 16.67 percent yesterday morning following its confirmation that it has received and is examining a number of proposals from major institutions seeking to purchase both its US and Bermuda busine...
DATE: Feb 19, 2003
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Sea Venture (Overseas) Shipping Ltd., one of Bermuda's oldest shipping companies, has taken a bold step forward with the launch of a new website www.svosltd.com .
The main feature of the website is a proprietary freight tracking system. Customers can...
DATE: Feb 19, 2003
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Two experienced Bermudian businessmen - Wayne Brown and Hasan Durham - have filled two key posts within the Ministry of Finance, it was announced yesterday.
Mr. Brown has joined the Ministry of Finance as the assistant financial secretary of internat...
DATE: Feb 19, 2003
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One of the Bank of Bermuda's most successful mutual funds has recently celebrated its fifth anniversary and announced assets under management of US$4.85 billion.
The All Points Corporate Money Funds was launched in January 1997. It is a short-term ve...
DATE: Feb 19, 2003
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