49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Global Crossing announced this week that it will sell its IPC Trading System units.
The IPC Trading Systems units were acquired, by Global Crossing, as part of its IXnet acquisition in June 2000.
Of the sale, Global Crossing chief execu...
DATE: Nov 20, 2001
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Bermuda-based Arch Capital Group Ltd., the company that has just set up Arch Re Ltd. to take advantage of the higher reinsurance prices in the wake of September 11, has seen its profits more than half for the third quarter of 2001.
The company report...
DATE: Nov 19, 2001
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Bermuda insurance giant ACE Ltd. on Friday announced Dominic Frederico was appointed to its board of directors, effective immediately.
Mr. Frederico joined ACE as an executive vice president in the Financial Lines (now ACE Financial Solutions Interna...
DATE: Nov 19, 2001
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In the two months since the September 11 tragedy, the Island has seen a number of businesses close their doors.
These include, in Hamilton; the Scottish Wool Ship, the Reid Street branch of the Harbourmaster, Smuggler's Reef, Trimingham's Garden Cafe...
DATE: Nov 19, 2001
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Seven people - including one Bermuda resident - were charged in the US this week with conspiracy, fraud and money laundering.
The charges are said to stem from an alleged $81 million stock manipulation scheme, according to an indictment reported on b...
DATE: Nov 19, 2001
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The Royal Gazette's sister publication Bottom Line is to be published six times a year from 2002.
The first issue of the new six-times a year format will be published under its new editor Rebecca Zuill in January.
"Business is key to Bermuda, and to ...
DATE: Nov 19, 2001
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This is the second in a series reviewing the Bermuda Investment Business Act with a wish list of four suggested changes to the Act that will benefit the investing public. The first part of this article appeared November 10; copies may be obtained by ...
DATE: Nov 17, 2001
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"Buy Bermuda" applies to stocks as mnuch as it does to socks, say the organisers of the Bermuda Stock Exchange's Invest Bermuda forum, which takes place today at XL House on Bermudiana Road.
The forum will feature many of the Island's publicly traded...
DATE: Nov 17, 2001
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The Royal Gazette/Bermuda Stock Exchange gained 11.27 points or 0.48 percent yesterday to close at 2,382.74. A total of 10,053 shares worth $418,455.50 were traded.
The Bank of Bermuda remained unchanged at $43.50 despite 8,753 shares being traded wh...
DATE: Nov 16, 2001
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Stirling Cooke Brown Holdings Ltd. saw its losses more than double for the third quarter of 2001 and has discontinued its quarterly dividend payments for the "foreseeable future".
The company, which has been struggling to balance its books and has si...
DATE: Nov 16, 2001
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