49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange Index was unchanged yesterday at 2,227.23 as just 56 Bank of Butterfield shares traded unchanged at $31.
DATE: Dec 06, 2002
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Pressure continues to mount against American companies that move to Bermuda but leave operations on US soil.
Auditors may lose the right to advise such companies on moves offshore, certain US states are lobbying that offending companies be taken off ...
DATE: Dec 06, 2002
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Top Layer Reinsurance Ltd., a joint venture between Renaissance Re and US insurer State Farm Mutual Automobile insurance, has had its financial strength rating lowered by Standard & Poor's in conjunction with a lowering of State Farm's rating.
Top La...
DATE: Dec 04, 2002
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The announcement this week that financially troubled Bermuda insurance company Trenwick would suspend payment of its preferred share dividends, got it a rating downgrade from Standard & Poors.
The company, which is currently trying to come to some ar...
DATE: Dec 04, 2002
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Arthur Andersen's Bermuda-based captive - Professional Services Insurance Company Ltd. - is seeking to establish a solvent scheme of arrangement with creditors.
Although the captive's solvency was questioned earlier this year - after it initially sai...
DATE: Dec 04, 2002
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Beleaguered Bermuda insurance and financial services company Mutual Risk Management reported in a US regulatory filing this month that its 2001 losses had widened by more than $10 million to nearly $110 million.
In April, the company - which has almo...
DATE: Dec 04, 2002
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Recently I visited the camera section of a computer store and was surprised at the new cheap range of mini digital cameras available for the snapshot buff, or for the spies among us.
The couple I tested out, including a pen camera that stores in a sh...
DATE: Dec 04, 2002
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A group including Acquisitor Holdings (Bermuda) Ltd. reported having a 7.34 percent stake in Mercury Air Group Inc., according to a filing on Monday with the Securities and Exchange Commission.
The group said it purchased Mercury Air stock because it...
DATE: Dec 04, 2002
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Retailers have responded to comments and criticisms of local shopping.
Local consumers interviewed in Friday's Royal Gazette complained about the price, quality and range of Bermudian goods, saying they preferred to shop overseas.
The Royal Gazette p...
DATE: Dec 04, 2002
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Police and special investigators swooped on an unauthorised stock trading operation in Canada. One of the companies being traded in was former Bermuda-based First Ecom.com.
First Ecom.com's career ended after its Nasdaq listed shares dropped from a h...
DATE: Dec 04, 2002
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