49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based LOM Capital Limited has withdrawn from the financing deal for Renaissance Mining Corp.
LOM managing director, Scott Lines, said: "LOM has withdrawn its offer to assist due to unsatisfactory due diligence."
Sedona Software Solutions, (Se...
DATE: Feb 19, 2003
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Cellular One chief operating officer Michael Leverock says that the BMA's rejection of a deal to sell Cellular One's parent company to US Virgin Island-based Atlantic Tele-Network has major implications for local companies trying to raise capital.
He...
DATE: Feb 19, 2003
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Fuel prices are set to increase with an announcement from the Finance Ministry yesterday raising maximum price levels.
Gas stations can now charge up to $1.3620 per litre of gasoline, $1.1580 per litre of diesel and $0.9170 for a litre of kerosene.
I...
DATE: Feb 18, 2003
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Investors worried by news that listed companies incorporated in the tax haven of Bermuda do not need to follow Singapore's take-over code can relax, according to The Straits Times.
Shareholders' rights remain protected, as all 45 or so of such compan...
DATE: Feb 18, 2003
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US Virgin Island-based Atlantic Tele-Network has given up its bid to own 100 percent of Cellular One's parent company, Bermuda Digital Communications Ltd. (BDC)
Atlantic Tele-Network announced on Friday that the Bermuda Monetary Authority has denied ...
DATE: Feb 18, 2003
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Mark Valentine, who was at the centre of the Bermuda Short operation, was taken to task yet again by securities regulators yesterday.
The former chairman of bankrupt brokerage firm Thomson Kernaghan & Co. Ltd. was found guilty of breaking a cease tra...
DATE: Feb 18, 2003
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In a follow-up to the column I wrote last week about the crisis in the Director's & Officer's (D&O)marketplace, I talked to a broker this week to see if his experiences are similar to those of underwriter, Mark Simons of Starr Excess.
The broker, spe...
DATE: Feb 17, 2003
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Platinum Underwriters Holdings, Ltd., which was spun off and set up as an independent Bermuda-registered reinsurer last November, earned $6.4 million in its first quarter of doing business, it reported on Friday.
Platinum was spun off in November by ...
DATE: Feb 17, 2003
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AXIS Capital Holdings Limited earned $265.1 million in its first year of business, as it wrote gross premiums of more than $1 billion.
AXIS, formed in the wake of the September 11 terrorist attacks, said it had gross written premiums of $1.11 billion...
DATE: Feb 17, 2003
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Who would you like to have a one-to-one with?" This was the question once put to the British public by a UK telecommunications company. Popular responses were legends like Elvis Presley, Bill Gates or Neil Armstrong.
No one expected that "having a on...
DATE: Feb 14, 2003
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