49296 results returned for search: "" category ("Other" AND "Business")
Recently several consumer advocate groups have declared it a tragedy that the US government is bailing out the rich and greedy insurance industry by passing the terrorism bill. These groups feel that the industry is overcapitalised and as such does n...
DATE: Dec 16, 2002
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The Bermuda Stock Exchange /Royal Gazette index for the week ending Friday December 13 closed at 2,244.08 up 19.488 units with a volume traded of 43,248.
The biggest movers were the Bank of Bermuda which traded 400 shares and closed up 50 cents at $3...
DATE: Dec 16, 2002
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A catalogue of errors, which could cost the taxpayer hundreds of millions of pounds, was exposed when the Inland Revenue owned up to mistakes over a controversial sale of properties to a company based in Bermuda, a British newspaper has reported.
Sir...
DATE: Dec 16, 2002
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A Bermuda-based hedge fund firm is betting that US charitable foundations and pension plans will invest in Japanese stocks if they could both buy stocks and sell them short.
Bermuda-based Investor Select Advisors launched a hedge fund earlier this ye...
DATE: Dec 16, 2002
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The following is the first in a series of articles which will profile how homeowners managed to buy their property in today's tough housing market.
@EDITRULE:
Kendaree and Ben Fairn, completed the purchase of their home, `Torwood', in Somerset on Oct...
DATE: Dec 14, 2002
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This week investment news and ratings services indicated that Federal Reserve analysts and some economists are predicting that interest rates will be raised by September, 2003.
Reports from US companies are also quite a bit more positive, both from a...
DATE: Dec 14, 2002
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A new Class 4 reinsurer has had its licence approved to launch services in Bermuda.
Aspen Insurance Ltd. was incorporated on November 6, 2002, and its insurance licence is in the process of being registered.
New chief executive, Julian Cusack, said A...
DATE: Dec 13, 2002
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Pension fund investors are moving to put pressure on American lawmakers in a push for legislative action to halt companies inverting their place of incorporation offshore.
The California Public Employees' Retirement System (CALPERS) had in recent wee...
DATE: Dec 13, 2002
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Meeting the requirements of the Sarbanes-Oxley Act is the challenge of the moment according to Alan R. Thompson, president and chief executive officer of the Bank of Butterfield.
The Sarbanes-Oxley Act requires a sign off from the chief executive off...
DATE: Dec 13, 2002
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Bermuda International Business Association (BIBA) chairman Jeff Conyers yesterday said the organisation would continue a quiet behind the scenes campaign in 2003 to educate US lawmakers on Bermuda as an international business jurisdiction.
Mr. Conyer...
DATE: Dec 13, 2002
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