49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange spiralled six percent lower yesterday, pushed down by the Bank of Bermuda, which ended $5.50 lower as investors took their lead from trading in the company's shares on the Nasdaq.
The index closed down 163.44 ...
DATE: Jul 19, 2002
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Allied World Assurance Company, Ltd (AWAC) last night celebrated the official opening of its Bermuda headquarters at the Bermuda Commercial Bank Building on Victoria Street, Hamilton with a cocktail reception attended by over 300 representatives from...
DATE: Jul 19, 2002
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NEW YORK (Dow Jones Newswires) - Although onland gas drilling activity in the US isn't likely to pick up until the end of the year, Nabors Industries Ltd.'s (NBR) efforts to diversify internationally promise to shield earnings from declines in the fu...
DATE: Jul 19, 2002
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Insurance stocks plummeted on Wall Street yesterday following XL Capital Ltd.'s announcement that it had increased reserves by $200 million to cover losses relating to the September 11 attacks in the US.
The company also expected to report $120 milli...
DATE: Jul 19, 2002
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Retail sales inched up 0.7 percent in May relative to the previous year's figures, according to Government statistics released yesterday.
The value value of sales was 2.7 percent higher in May 2002 than in May 2001, but their volume increased just 0....
DATE: Jul 19, 2002
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Rating agency AM Best has said its credit rating for the St. Paul Companies' will not be downgraded because of the company postponing its initial public offering for its newly formed Bermuda reinsurance venture.
The new company, Platinum Underwriters...
DATE: Jul 19, 2002
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Bill Black has retired from the Bermuda Security Group after 32 years.
Mr. Black stepped down at the end of June after the company was sold to Herman Tucker, the former permanent secretary of the Department of Transport. “Bermuda Security Group i...
DATE: Jul 19, 2002
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Centre Solutions (Bermuda) Ltd. has accused the beleaguered Asia Pulp & Paper Co. of fraud and diverting funds of more than $200 million, the Wall Street Journal reported yesterday.
An affidavit filed in Singapore July 9 accuses the company of inflat...
DATE: Jul 19, 2002
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Now everyone is over there,” a woman said as she gestured toward the Fairmont Hamilton Princess across the harbour. She was strolling with friends through the gardens at the Newstead Hotel one Friday evening last month.
“They used to have a band,” sh...
DATE: Jul 19, 2002
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INCORPORATIONS
Brian McLeod, Edmund Matvey and Joseph Sousa are applying to incorporate Bay Rentals Ltd., a local company.
Michael E. Smith is applying to incorporate Bermuda Marble Installation Ltd., a local company.
Michael E. Smith is applying to ...
DATE: Jul 19, 2002
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