49296 results returned for search: "" category ("Other" AND "Business")
Thinking long term consistently pays off for investors. Just ask Bermuda-based Orbis Investment Management Limited.
Orbis was recently awarded three individual Fund Awards in the Offshore Global Equity sector by Standard & Poors (S&P).
These awards a...
DATE: May 20, 2002
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NEW YORK (Dow Jones) - Shares of Bermuda-registered Tyco International Ltd. continued to rebound Friday, rising almost six percent a day after the conglomerate announced plans to pay off $10 billion in debt.
The surge came after Tyco shares rose nea...
DATE: May 19, 2002
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OLDWICK, New Jersey (BUSINESS WIRE) -- A.M. Best Co. on Friday downgraded the financial strength rating of LaSalle Re Limited (LaSalle), Bermuda, to B++ (Very Good) from A- (Excellent) and has placed both its financial strength and "bb" preferred st...
DATE: May 19, 2002
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WASHINGTON - Democrats are accusing House Republicans of protecting US corporations that avoid paying taxes by setting up small offices offshore.
In the Democratic radio address aired Saturday morning, Rep. Jim
Maloney, D-Conn., said the number of co...
DATE: May 19, 2002
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Investors are skittish these days, very nervous about where to place their money, when to place their money, and to whom they should give their money.
And no wonder, as one national US financial columnist has suggested, within the investment bear mar...
DATE: May 18, 2002
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The Royal Gazette/Bermuda Stock Exchange index remained unchanged at 2,766.60 yesterday in a quiet day of trading.
The Bank of Bermuda was unchanged, closing at $46 with only 41 shares traded, and Belco Holdings Ltd. also remained unchanged closing a...
DATE: May 18, 2002
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Bermuda reinsurer LaSalle Re has had its 'in-force' business taken over by new kid on the block Endurance Specialty Insurance Ltd.
The move will see 20 LaSalle staff - many of them Bermudians - move over to Endurance, and the company is taking over t...
DATE: May 17, 2002
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Bermuda-based Stirling Cooke Brown Holdings Ltd has seen its net loss more than double for the first quarter of 2002, due to the knock-on effects of last year's poor results and litigation.
The company reported a net loss from continuing operations o...
DATE: May 17, 2002
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Anyone interested in brewing their own beer on an industrial scale has until today to make an offer on the assets of Bermuda Brewing Company Ltd.
May 17 is the deadline set by liquidator of the brew house's assets, Bruce Sharpe of Sharpe Financial Se...
DATE: May 17, 2002
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Bermuda's `beneficial tax status' has recently brought much publicity from US newspapers and politicians, who have slammed corporations as `unpatriotic' for moving their headquarters here. Business reporter Lilla Zuill takes a look at some of the fac...
DATE: May 17, 2002
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