49296 results returned for search: "" category ("Other" AND "Business")
Happy New Year everyone!
I'm sure the insurance industry is happy to see the back of 2001. 2001 - the year that will go down in history as the most redefining time for the insurance industry. The worst loss ever suffered by the industry through the t...
DATE: Jan 07, 2002
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XL Capital announced on Friday that it plans to sell up to $500 million of senior notes due 2012 through XL Capital Finance (Europe) plc., a wholly owned subsidiary of XL. These will be sold pursuant to XL's current effective shelf registration state...
DATE: Jan 07, 2002
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Retailers yesterday reported that the Christmas period had been busy, but soft sales are expected through the next few months.
Chamber of Commerce president Charles Gosling said: "From talking to retailers, while it seemed December started out slowly...
DATE: Jan 04, 2002
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A global industrial company - Nabors Industries - has announced plans to move its incorporation to the Island in a move expected to be completed during this quarter.
The Nabors board of directors unanimously approved the plan to reorganise and change...
DATE: Jan 04, 2002
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Tourism was no longer the second pillar of the economy behind international business in the first half of 2001 as it slipped to third place behind investment income from overseas, it has emerged.
The changing nature of Bermuda's economy was highlight...
DATE: Jan 04, 2002
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The Bermuda Stock Exchange index dropped one percent yesterday after Bank of Bermuda and Bank of Butterfield shares fell.
Bank of Bermuda lost 50 cents or 1 percent to finish at $47.50 and Bank of Butterfield also dropped 50 cents or 1.6 percent to f...
DATE: Jan 04, 2002
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It took four well-known businessmen just days to decide to try and buy their company from its parent company once they found out it was up for sale.
But it took months to finalise the deal and secure ownership of the captive management company where ...
DATE: Jan 04, 2002
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Hamilton retailers got a welcomed break yesterday with the announcement that City taxes will not be going up during the coming year.
Corporation of Hamilton secretary Roger Sherratt said: "After very careful consideration it has been decided not to i...
DATE: Jan 04, 2002
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The Bank of Butterfield has advised the Bermuda Stock Exchange that in December, the bank or its subsidiaries purchased a further 1,700 of its own shares at an average price of $29.
The repurchases were made under the share repurchase programme annou...
DATE: Jan 04, 2002
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Finance Minister Eugene Cox (pictured)said Government is making headway in collecting monies owed to the public purse.
In August, Mr. Cox reported the Finance Ministry was instituting "systematic changes" to remove deficiencies in Government's revenu...
DATE: Jan 03, 2002
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