49296 results returned for search: "" category ("Other" AND "Business")
In an apparent scramble to buy some time to cover its debt obligations, Bermuda insurer Trenwick has entered into a forbearance agreement with its letter of credit providers.
The troubled company made the announcement as its stock continued to nosedi...
DATE: Nov 15, 2002
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The Island's largest cellular provider celebrated its independence yesterday.
Now free of the BTC epithet, Mobility held a launch party at its new retail store on Burnaby Street and the Minister of Tourism, Telecommunications and E-commerce Renee Web...
DATE: Nov 15, 2002
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Goshawk Insurance Holdings, the holding company for one of Bermuda's newest reinsurers - Goshawk Re - has appointed Andrew Castell to their board as group finance director.
The new post, which is effective immediately puts Mr. Castell, 34, in charge ...
DATE: Nov 15, 2002
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Writs
A writ has been filed:
In the matter of an application under the Administration of Justice (Prerogative Writs) Act 1978 and in the matter of the Employment Act 2000 and in the matter of the referral of a complaint to the Employment tribunal and...
DATE: Nov 15, 2002
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The Bank of Butterfield is to hold a customer appreciation week and will be unveiling a "Customer Charter" developed by the bank's staff during the week.
The charter contains nine standards of bank service, ranging from 24-hour access to bank service...
DATE: Nov 15, 2002
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The Royal Gazette/Bermuda Stock Exchange Index slipped 0.06 points as LOM (Holdings) Ltd. shares edged down.
The Index closed at 2163.35 on volume of 2,500 shares worth $5,735 as LOM shares fell ten cents to close at $2.15.
In the only other trade of...
DATE: Nov 15, 2002
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PartnerRe Ltd announced that it has priced its previously announced offering of 8 million common shares at $48.27 which would raise $386.16 million. The offering should close on Thursday. The net proceeds from the offering will be used in part to rep...
DATE: Nov 15, 2002
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The Royal Gazette/Bermuda Stock Exchange yesterday fell 26.71 points to close at 2,163.42.
The biggest loser on the BSX was the Bank of Bermuda which saw its share price fall $1.50 to $30 while 3,400 shares traded.
The Bank of Butterfield however gai...
DATE: Nov 14, 2002
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Consumers paid two percent more for goods and services in September 2002 than they did a year ago but the rate of inflation was unchanged from the previous month.
The news that the rate of inflation had held steady was greeted by Finance Minister Eug...
DATE: Nov 14, 2002
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A push from US legislators for legislation that would block corporate inversions proved unsuccessful this year but new rules from the Treasury Department this week could deter companies from moving their headquarters overseas for tax reasons.
The inv...
DATE: Nov 14, 2002
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