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Bank of Bermuda shares continued to dip yesterday, pushing the Bermuda Stock Exchange index down nearly 13 points.
The bank lost 25 cents to close at $46.00. Argus also lost 95 cents to close at $24.05.
The index closed down 0.51 percent or 12.87 poi...
DATE: Sep 06, 2001
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A pizza with the works for $2.50, spaghetti Bolognese for $2, fried fish with vegetables and potatoes for $2.50 and a burger with fries, lettuce and tomato for $1.50.
Welcome to The Little Venice of 1971, the year that partners Anne (Maureen) Bortoli...
DATE: Sep 06, 2001
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A Bermuda-based company has been named as being involved in a Ponzi scheme scandal in the United States which has lost more than $3 million of investors' money.
The US Commodity Futures Trading Commission issued a statement saying that Canadian Andre...
DATE: Sep 06, 2001
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One of Bermuda's newest reinsurers, Hampton Re Holdings, is in the process of raising between $100 million to $200 million private placement, according to the Financial Times newspaper.
But the article questions the model under which the company was ...
DATE: Sep 05, 2001
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The Bermuda Stock Exchange index fell 43.3 points yesterday after Bank of Bermuda and BF&M shares both dipped.
Bank of Bermuda and BF&M both lost 25 cents to close at $46.25 and $8.25 respectively. BTC 7 percent warrants gained 20 cents to finish at...
DATE: Sep 05, 2001
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"It is not portable (uses 386 task switching etc), and it probably never will support anything other than AT-harddisks, as that's all I have. Well, never say never."
Linus Torvalds wrote the above to a newsgroup on August 25, 1991, in what's regarded...
DATE: Sep 05, 2001
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One of the Island's oldest bar and restaurants, The White Horse Tavern on St. George's Square, is up for sale by owner and St. George's Chamber of Commerce Chairman Christopher West.
Mr. West has owned the tavern for seven years. Earlier this year he...
DATE: Sep 05, 2001
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Bermuda insurance giant company XL Capital Ltd. said yesterday it had privately sold about $250 million of 20-year zero-coupon convertible senior bonds, as part of a plan to raise up to $750 million from debt sales.
The company said it plans to use t...
DATE: Sep 05, 2001
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Retailers are not likely to get the duty-free Bermuda they have been lobbying for, after Finance Minister Eugene Cox ruled out getting rid of Customs duty on the Island.
Mr Cox said the answer to falling profits for the sector did not lie in the remo...
DATE: Sep 05, 2001
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Bermuda has a new shipping company - Golar LNG Ltd. - which was set up by a Norwegian maritime and tanker company to become a holding company for its buildings and liquid natural gas operations.
The company was incorporated in Bermuda in May 2001 for...
DATE: Sep 05, 2001
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