49296 results returned for search: "" category ("Other" AND "Business")
Bermuda based hedge fund Liverpool Limited Partnership is continuing its aggressive stance with companies it invests in. The latest to come under attack from the fund is Volkswagen, the German car manufacturer.
The fund is set to challenge VW at its ...
DATE: Jun 07, 2001
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Former MP and recently-appointed chairman of the United Bermuda Party Wayne Furbert has launched a new accountancy firm for small- and medium-sized businesses.
Genesis is the brainchild of Mr. Furbert and his wife, Ulena, and already has clients in t...
DATE: Jun 06, 2001
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An American gas distributors which feared warmer than usual winters - when people bought less gas for heating - can rest easier now that it has bought insurance from a Bermuda company which will protect it from revenue losses.
Element Re has secured ...
DATE: Jun 06, 2001
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TyCom, the telecommunications subsidiary of Bermuda-based conglomerate Tyco International, announced yesterday that the transatlantic segment of its fibre-optic network has been installed and is in its final testing phase.
Cables connect New York, Lo...
DATE: Jun 06, 2001
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Bermuda-based Foster Wheeler Ltd. has announced that James E. Schessler has been promoted to senior vice president and elected a member of the company's board of directors.
Before this new appointment, Mr. Schessler, 55, was vice president, human res...
DATE: Jun 01, 2001
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Bermuda's W.P. Stewart & Co., Ltd. (NYSE: WPL) announced that Robert L. Rohn and Harry W. Segalas have been appointed co-chairmen of W.P. Stewart & Co, Inc., its New York-based investment research and portfolio management subsidiary.
Mr. Rohn and Mr....
DATE: Jun 01, 2001
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Today is the day tax evasion becomes an offence under Bermuda's anti-money laundering legislation.
Linked to this is the publication of Guidance Notes on the Prevention of Money Laundering Fiscal Offences.
The two relevant Acts are the Proceeds of C...
DATE: Jun 01, 2001
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An e-mail warning computers users of a virus called sulfnbk.exe to be launched today is a hoax.
The hoax appears to have hit globally harder than any similar virus with tens of thousands of people deleting the harmless Microsoft Windows utility progr...
DATE: Jun 01, 2001
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NEW YORK (Reuters) Conglomerate Tyco International Ltd. said yesterday it will sell $2.20 billion in common stock in a public offering to repay debt from recent acquisitions.
The Bermuda-based company said it will sell the 39 million shares through ...
DATE: Jun 01, 2001
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The board of directors of Bermuda Commercial Bank announced yesterday that it has extended the life of its warrants from May 31,2001 to May 31,002.
The decision was made at a special general meeting of the warrant holders and share holders held on Ma...
DATE: Jun 01, 2001
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