49296 results returned for search: "" category ("Other" AND "Business")
Next Monday, when Fort Knox Bermuda introduces FKBnet, its Internet service, the market for Internet service providers (ISPs) will be nearly saturated, according to Telecommunications and E-Commerce Minister Renee Webb.
Her claim, made at a press con...
DATE: Jul 04, 2002
|
CATEGORY:
Other
|
Bermuda's banking sector could open to more players including foreign ventures. The jury is out however on whether or not expansion would be in the Island's best interest.
The Bermuda Monetary Authority (BMA) - as the licensing authority for the Isla...
DATE: Jul 04, 2002
|
CATEGORY:
Other
|
Foreign newspapers can be read in Bermuda on the same day they are printed thanks to the new daily freight plane from the US.
Organised by the Phoenix stores - the Island's largest supplier of foreign newspapers - publications including USA Today, Wa...
DATE: Jul 03, 2002
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index fell 3.82 points or 0.14 percent yesterday to close at 2,725.35. A total of 1,600 shares worth $56,700 were traded.
The only stock to be traded in the banking sector was 900 shares of the Bank of Bermuda...
DATE: Jul 03, 2002
|
CATEGORY:
Other
|
Sea Containers, the Bermuda-registered transport group, announced yesterday it has increased its stake in Silja Oyj Abp from 50 percent to 75.32 percent.
Sea Containers completed the transaction on June 20 by issuing 2.47 million shares in exchange f...
DATE: Jul 03, 2002
|
CATEGORY:
Other
|
Bermuda uses the most paint per person per square mile in the world according to Pembroke Paint manager John Swift, and technology is making a big splash in the industry.
As the local supplier for ICI (Glidden) Paints, Pembroke Paint yesterday starte...
DATE: Jul 03, 2002
|
CATEGORY:
Other
|
Fifty seven shares traded on the Bermuda Stock Exchange yesterday, a particularly sluggish trading day. The index remained unchanged at 2,729.17.
Thirty shares in the Bank of Butterfield changed hands at $34 apiece. Ten shares in BF&M also traded, at...
DATE: Jul 02, 2002
|
CATEGORY:
Other
|
Trenwick mounts lawsuit against Swiss Re
Bermuda-based insurer Trenwick has launched a multi-million dollar suit against Swiss Re.
Trenwick said yesterday that the arbitration sought $55 million in damages and other relief Swiss Re subsidiary Europea...
DATE: Jul 02, 2002
|
CATEGORY:
Other
|
Corporate leaders - including some Bermuda chiefs - are being pressed to come clean with all accounting disclosures or risk personal liability for any false information.
The pressure is coming from the US Securities and Exchange Commission (SEC) - wh...
DATE: Jul 02, 2002
|
CATEGORY:
Other
|
The Internal Revenue Service (IRS) is likely to take a closer look Tyco International's tax arrangements, which could result in the Bermuda-based company facing hefty penalties, according to the latest edition of BusinessWeek magazine.
The magazine d...
DATE: Jul 01, 2002
|
CATEGORY:
Other
|
